Canadian inflation rate in 1990: 4.99%

Canada Inflation Calculator

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Canadian Inflation Rate, 1990-2018 (CA$1)

The consumer price index (CPI) in 1990 was 79.9. 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 1.78% per year. Prices in 2018 are 63.8% higher than prices in 1990.

In other words, CA$1 in the year 1990 is equivalent in purchasing power to CA$1.64 in 2018, a difference of CA$0.64 over 28 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 1990 to 2018
Cumulative price change 63.83%
Average inflation rate 1.78%
Price difference (CA$1 base) CA$0.64
CPI in 1990 79.9
CPI in 2018 130.9


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 1990

Start with the inflation rate formula:

CPI in 2018 / CPI in 1990 * 1990 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 79.9 in the year 1990 and 130.9 in 2018:

130.9 / 79.9 * CA$1 = CA$1.64

CA$1 in 1990 has the same "purchasing power" as CA$1.64 in 2018.


News headlines from 1990

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

  • Nelson Mandela is released having spent 27 years in South African prison.
  • The Hubble Space Telescope takes its first photos from space.
  • Dr Penny Jamieson, becomes the first woman to be made an Anglican Bishop, in New Zeeland
  • The United States sends troops to Saudi Arabia, marking the beginning of Operation Desert Shield.

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 1990 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Jan. 2018, http://www.in2013dollars.com/CAD-inflation-rate-in-1990.


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