Germany Inflation Rate 1960-2024

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.
  • Germany inflation rate for 2023 was 5.95%, a 0.93% decline from 2022.
  • Germany inflation rate for 2022 was 6.87%, a 3.81% increase from 2021.
  • Germany inflation rate for 2021 was 3.07%, a 2.92% increase from 2020.
  • Germany inflation rate for 2020 was 0.14%, a 1.3% decline 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%
Germany Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 5.95% -0.93%
2022 6.87% 3.81%
2021 3.07% 2.92%
2020 0.14% -1.30%
2019 1.45% -0.29%
2018 1.73% 0.22%
2017 1.51% 1.02%
2016 0.49% -0.02%
2015 0.51% -0.39%
2014 0.91% -0.60%
2013 1.50% -0.50%
2012 2.01% -0.07%
2011 2.08% 0.97%
2010 1.10% 0.79%
2009 0.31% -2.32%
2008 2.63% 0.33%
2007 2.30% 0.72%
2006 1.58% 0.03%
2005 1.55% -0.12%
2004 1.67% 0.63%
2003 1.03% -0.39%
2002 1.42% -0.56%
2001 1.98% 0.54%
2000 1.44% 0.85%
1999 0.59% -0.33%
1998 0.91% -1.03%
1997 1.94% 0.49%
1996 1.45% -0.26%
1995 1.71% -0.99%
1994 2.69% -1.78%
1993 4.47% -0.58%
1992 5.06% 1.01%
1991 4.05% 1.35%
1990 2.70% -0.08%
1989 2.78% 1.51%
1988 1.27% 1.02%
1987 0.25% 0.38%
1986 -0.13% -2.20%
1985 2.07% -0.34%
1984 2.41% -0.89%
1983 3.29% -1.95%
1982 5.24% -1.10%
1981 6.34% 0.90%
1980 5.44% 1.40%
1979 4.04% 1.32%
1978 2.72% -1.02%
1977 3.73% -0.51%
1976 4.25% -1.66%
1975 5.91% -1.08%
1974 6.99% -0.05%
1973 7.03% 1.55%
1972 5.48% 0.24%
1971 5.24% 1.79%
1970 3.45% 1.54%
1969 1.91% 0.44%
1968 1.47% -0.33%
1967 1.80% -1.74%
1966 3.53% 0.29%
1965 3.24% 0.91%
1964 2.34% -0.63%
1963 2.97% 0.12%
1962 2.84% 0.55%
1961 2.29% 0.76%
1960 1.54% 0.76%