Czech Republic Inflation Rate 1992-2024

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.
  • Czech Republic inflation rate for 2023 was 10.66%, a 4.44% decline from 2022.
  • Czech Republic inflation rate for 2022 was 15.10%, a 11.26% increase from 2021.
  • Czech Republic inflation rate for 2021 was 3.84%, a 0.68% increase from 2020.
  • Czech Republic inflation rate for 2020 was 3.16%, a 0.31% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Hungary 17.13%
Palau 12.80%
Poland 11.53%
Czech Republic 10.66%
Slovak Republic 10.53%
Barbados 9.79%
Estonia 9.16%
Lithuania 9.12%
Latvia 8.94%
Iceland 8.74%
Sweden 8.55%
Croatia 7.94%
Austria 7.81%
Chile 7.58%
Slovenia 7.45%
United Kingdom 6.79%
Ireland 6.30%
Finland 6.25%
Germany 5.95%
Uruguay 5.87%
New Zealand 5.73%
Italy 5.62%
Australia 5.60%
Norway 5.52%
Malta 5.09%
Antigua and Barbuda 5.07%
France 4.88%
Singapore 4.82%
Trinidad and Tobago 4.63%
Portugal 4.31%
Israel 4.23%
United States 4.12%
Belgium 4.05%
Canada 3.88%
Netherlands 3.84%
Luxembourg 3.74%
Kuwait 3.64%
South Korea 3.60%
St. Kitts and Nevis 3.56%
Cyprus 3.54%
Spain 3.53%
Greece 3.46%
Denmark 3.31%
Japan 3.27%
Bahamas 3.05%
Qatar 3.03%
Saudi Arabia 2.33%
Switzerland 2.14%
Hong Kong 2.10%
Panama 1.49%
Oman 0.94%
Brunei 0.36%
Bahrain 0.07%
Seychelles -1.04%
Czech Republic Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 10.66% -4.44%
2022 15.10% 11.26%
2021 3.84% 0.68%
2020 3.16% 0.31%
2019 2.85% 0.70%
2018 2.15% -0.30%
2017 2.45% 1.77%
2016 0.68% 0.37%
2015 0.31% -0.03%
2014 0.34% -1.09%
2013 1.44% -1.85%
2012 3.29% 1.37%
2011 1.92% 0.44%
2010 1.47% 0.45%
2009 1.02% -5.34%
2008 6.36% 3.51%
2007 2.85% 0.32%
2006 2.53% 0.68%
2005 1.86% -0.90%
2004 2.76% 2.64%
2003 0.12% -1.78%
2002 1.90% -2.76%
2001 4.66% 0.89%
2000 3.78% 1.64%
1999 2.14% -8.56%
1998 10.70% 2.10%
1997 8.60% -0.16%
1996 8.76% -0.23%
1995 8.99% -1.05%
1994 10.04% -10.77%
1993 20.81% 9.73%
1992 11.09% 9.73%