Japan Inflation Calculator

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Result: ¥100 in 1990 → ¥118.21 in 2023


Value of ¥100 from 1990 to 2023

¥100 in 1990 is equivalent in purchasing power to about ¥118.21 in 2023, an increase of ¥18.21 over 33 years. The yen had an average inflation rate of 0.51% per year between 1990 and 2023, producing a cumulative price increase of 18.21%.

This means that prices in 2023 are 1.18 times as high as average prices since 1990, according to the OECD and the World Bank consumer price index for Japan.

The inflation rate in 1990 was 3.07%. The inflation rate in 2023 was 3.60%. The 2023 inflation rate is higher compared to the average inflation rate of 2.66% per year between 2023 and 2024.


Inflation from 1990 to 2023
Cumulative price change18.21%
Average inflation rate0.51%
Converted amount
¥100 base
¥118.21
Price difference
¥100 base
¥18.21
CPI in 199091.236
CPI in 2023107.848
Inflation in 19903.07%
Inflation in 20233.60%
¥100 in 1990¥118.21 in 2023

JPY inflation since 1990
Annual Rate, the OECD and the World Bank CPI
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Buying power of ¥100 in 1990

This chart shows a calculation of buying power equivalence for ¥100 in 1990 (price index tracking began in 1955).

For example, if you started with ¥100, you would need to end with ¥118.21 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When ¥100 is equivalent to ¥118.21 over time, that means that the "real value" of a single Japanese yen decreases over time. In other words, a yen will pay for fewer items at the store.

This effect explains how inflation erodes the value of a yen over time. By calculating the value in 1990 dollars, the chart below shows how ¥100 is worth less over 33 years.

According to the OECD and the World Bank, each of these JPY amounts below is equal in terms of what it could buy at the time:

Yen inflation: 1990-2023
YearYen ValueInflation Rate
1990¥100.003.07%
1991¥103.273.27%
1992¥105.061.73%
1993¥106.381.26%
1994¥107.110.69%
1995¥107.02-0.09%
1996¥107.170.14%
1997¥108.991.70%
1998¥109.700.65%
1999¥109.32-0.35%
2000¥108.56-0.69%
2001¥107.81-0.69%
2002¥106.84-0.90%
2003¥106.56-0.26%
2004¥106.56-0.01%
2005¥106.25-0.29%
2006¥106.520.25%
2007¥106.560.04%
2008¥108.031.38%
2009¥106.59-1.33%
2010¥105.80-0.74%
2011¥105.51-0.27%
2012¥105.47-0.04%
2013¥105.820.34%
2014¥108.742.76%
2015¥109.610.80%
2016¥109.47-0.13%
2017¥110.000.48%
2018¥111.080.99%
2019¥111.600.47%
2020¥111.58-0.02%
2021¥111.32-0.23%
2022¥114.102.50%
2023¥118.213.60%
2024¥121.352.66%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 27 more rows

This conversion table shows various other 1990 amounts in 2023 yen, based on the 18.21% change in prices:

Conversion: 1990 yen in 2023
Initial valueEquivalent value
¥1 yen in 1990¥1.18 yen in 2023
¥5 yen in 1990¥5.91 yen in 2023
¥10 yen in 1990¥11.82 yen in 2023
¥50 yen in 1990¥59.10 yen in 2023
¥100 yen in 1990¥118.21 yen in 2023
¥500 yen in 1990¥591.04 yen in 2023
¥1,000 yen in 1990¥1,182.07 yen in 2023
¥5,000 yen in 1990¥5,910.36 yen in 2023
¥10,000 yen in 1990¥11,820.71 yen in 2023
¥50,000 yen in 1990¥59,103.57 yen in 2023
¥100,000 yen in 1990¥118,207.14 yen in 2023
¥500,000 yen in 1990¥591,035.72 yen in 2023
¥1,000,000 yen in 1990¥1,182,071.44 yen in 2023

How to calculate inflation rate for ¥100, 1990 to 2023

Our calculations use the following inflation rate formula to calculate the change in value between 1990 and 2023:

CPI in 2023 CPI in 1990
×
1990 JPY value
=
2023 JPY value

Then plug in historical CPI values. The Japanese CPI was 91.23611 in the year 1990 and 107.8476 in 2023:

107.847691.23611
×
¥100
=
¥118.21

¥100 in 1990 has the same "purchasing power" or "buying power" as ¥118.21 in 2023.

To get the total inflation rate for the 33 years between 1990 and 2023, we use the following formula:

CPI in 2023 - CPI in 1990CPI in 1990
×
100
=
Cumulative inflation rate (33 years)

Plugging in the values to this equation, we get:

107.8476 - 91.2361191.23611
×
100
=
18%

Data source & citation

You may use the following MLA citation for this page: “¥100 in 1990 → 2023 | Japan Inflation Calculator.” Official Inflation Data, Alioth Finance, 4 Jun. 2025, https://www.officialdata.org/japan/inflation/1990?amount=100&endYear=2023.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation from 1990 to 2023
Cumulative price change18.21%
Average inflation rate0.51%
Converted amount
¥100 base
¥118.21
Price difference
¥100 base
¥18.21
CPI in 199091.236
CPI in 2023107.848
Inflation in 19903.07%
Inflation in 20233.60%
¥100 in 1990¥118.21 in 2023