Canadian inflation rate in 1980: 11.06%

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Canadian Inflation Rate, 1980-2017 (CA$1)

The consumer price index (CPI) in 1980 was 46.2. Statistics Canada uses this CPI value to track inflation on a monthly basis.

According to Statistics Canada, the dollar experienced an average inflation rate of 2.84% per year. Prices in 2017 are 182.3% higher than prices in 1980.

In other words, CA$1 in the year 1980 is equivalent to CA$2.82 in 2017, a difference of CA$1.82 over 37 years.

The current inflation rate in 2017 is 1.56%1. If this number holds, CA$1 today will be equivalent to CA$1.02 next year.

Inflation from 1980 to 2017
Cumulative price change 182.25%
Average inflation rate 2.84%
Price difference (CA$1 base) CA$1.82
CPI in 1980 46.2
CPI in 2017 130.4


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 1980

Start with the inflation rate formula:

CPI in 2017 / CPI in 1980 * 1980 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 46.2 in the year 1980 and 130.4 in 2017:

130.4 / 46.2 * CA$1 = CA$2.82

CA$1 in 1980 has the same "purchasing power" as CA$2.82 in 2017.


News headlines from 1980

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

  • Princess Victoria is crowned Princess of Sweden.
  • Iranian protesters storm the Russian embassy in Iran.
  • Abdou Diouf is elected president of Senegal after being Prime Minister for ten years.
  • Cable News Network (CNN) is transmitted for the first time.
  • Saddam Hussein, President of Iraq, declares a holy war on Iran.

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 1980 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Education, 12 Dec. 2017, http://www.in2013dollars.com/CAD-inflation-rate-in-1980.


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