Canadian inflation rate in 1932: -7.59%

Canada Inflation Calculator


Canadian Inflation Rate, 1932-2018 (CA$1)

The consumer price index (CPI) in 1932 was 7.3. Statistics Canada uses this CPI value to track inflation on a monthly basis.

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.41% per year. Prices in 2018 are 1693.2% higher than prices in 1932.

In other words, CA$1 in the year 1932 is equivalent in purchasing power to CA$17.93 in 2018, a difference of CA$16.93 over 86 years.

The current inflation rate in 2018 is 0.38%1. If this number holds, CA$1 today will be equivalent to CA$1.00 next year.

Inflation from 1932 to 2018
Cumulative price change 1693.15%
Average inflation rate 3.41%
Price difference (CA$1 base) CA$16.93
CPI in 1932 7.3
CPI in 2018 130.9

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$1 since 1932

Start with the inflation rate formula:

CPI in 2018 / CPI in 1932 * 1932 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 7.3 in the year 1932 and 130.9 in 2018:

130.9 / 7.3 * CA$1 = CA$17.93

CA$1 in 1932 has the same "purchasing power" as CA$17.93 in 2018.

News headlines from 1932

Politics and news often influence economic performance. Here's what was happening at the time:

  • Opening of the Sydney Harbour Bridge.
  • The first female transatlantic solo flight is completed by Amelia Earhart.
  • The British Broadcasting Corporation begins overseas transmission.

Inflation Data Source

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “Inflation Rate in 1932 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Apr. 2018,

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