Hungary Inflation Rate 1973-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Hungary inflation rate for 2022 was 14.61%, a 9.5% increase from 2021.
  • Hungary inflation rate for 2021 was 5.11%, a 1.78% increase from 2020.
  • Hungary inflation rate for 2020 was 3.33%, a 0.01% decline from 2019.
  • Hungary inflation rate for 2019 was 3.34%, a 0.49% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lithuania 19.71%
Estonia 19.40%
Latvia 17.31%
Czech Republic 15.10%
Hungary 14.61%
Poland 14.43%
Slovak Republic 12.77%
Palau 12.35%
Chile 11.64%
Croatia 10.78%
Netherlands 10.00%
Greece 9.65%
Belgium 9.60%
Uruguay 9.10%
Slovenia 8.83%
Austria 8.55%
Cyprus 8.40%
Spain 8.39%
Sweden 8.37%
Iceland 8.31%
Italy 8.20%
United States 8.00%
United Kingdom 7.92%
Portugal 7.83%
Ireland 7.81%
Denmark 7.70%
Antigua and Barbuda 7.53%
New Zealand 7.17%
Finland 7.12%
Germany 6.87%
Canada 6.80%
Australia 6.59%
Luxembourg 6.34%
Malta 6.15%
Singapore 6.12%
Norway 5.76%
Bahamas 5.61%
France 5.22%
South Korea 5.09%
Qatar 5.00%
UAE 4.83%
Israel 4.39%
Brunei 3.68%
Bahrain 3.63%
Panama 2.86%
Switzerland 2.84%
Oman 2.81%
St. Kitts and Nevis 2.67%
Japan 2.50%
Saudi Arabia 2.47%
Hong Kong 1.88%
Macao 1.05%
Hungary Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 14.61% 9.50%
2021 5.11% 1.78%
2020 3.33% -0.01%
2019 3.34% 0.49%
2018 2.85% 0.50%
2017 2.35% 1.95%
2016 0.39% 0.46%
2015 -0.06% 0.17%
2014 -0.23% -1.96%
2013 1.73% -3.92%
2012 5.65% 1.72%
2011 3.93% -0.93%
2010 4.86% 0.64%
2009 4.21% -1.83%
2008 6.04% -1.92%
2007 7.96% 4.03%
2006 3.93% 0.37%
2005 3.56% -3.18%
2004 6.74% 2.08%
2003 4.66% -0.60%
2002 5.27% -3.85%
2001 9.12% -0.69%
2000 9.80% -0.19%
1999 10.00% -4.16%
1998 14.15% -4.15%
1997 18.31% -5.16%
1996 23.47% -4.84%
1995 28.31% 9.44%
1994 18.87% -3.60%
1993 22.46% -1.19%
1992 23.66% -11.16%
1991 34.82% 6.45%
1990 28.37% 11.22%
1989 17.15% 1.43%
1988 15.72% 7.05%
1987 8.67% 3.38%
1986 5.29% -1.65%
1985 6.94% -1.53%
1984 8.47% 1.19%
1983 7.28% 0.44%
1982 6.84% 2.17%
1981 4.66% -4.62%
1980 9.29% 0.31%
1979 8.98% 4.29%
1978 4.69% 0.78%
1977 3.91% -1.32%
1976 5.23% 1.39%
1975 3.84% 2.05%
1974 1.80% -1.59%
1973 3.39% -1.59%