03/11/2026
With the 24-hour news cycle constantly highlighting the rising cost of living, interest rate movements, and inflation, we thought at HBP Finance it would be interesting to take a step back and see how Australia compares with other G20 nations.
The numbers may surprise you. Rather than telling you what to think, we'll let the data speak for itself. Take a look and draw your own conclusions. 📊
What stands out to you the most?
Economy Inflation (%) Official Interest Rate
Argentina 33.4% 40.0%
Turkey 29.73% 36.0%
Russia 6.3% 14.0%
India 5.54% 5.5%
Italy 5.4% 2.65%
Brazil 4.58% 13.75%
South Africa 4.5% 7.25%
Australia 4.3% 4.85%
European Union 3.8% 2.65%
United States 3.7% 4.0%
United Kingdom 3.5% 3.75%
Mexico 3.45% 6.5%
France 3.4% 2.65%
Indonesia 3.28% 5.75%
Canada 3.1% 2.5%
South Korea 2.9% 3.0%
Germany 2.8% 2.65%
Japan 2.1% 1.25%
Saudi Arabia 1.9% 4.5%
China 0.9% 3.0%
Switzerland 0.8% 0.25%
Information provided by https://tradingeconomics.com.