Denmark 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.
- Denmark inflation rate for 2023 was 3.31%, a 4.39% decline from 2022.
- Denmark inflation rate for 2022 was 7.70%, a 5.84% increase from 2021.
- Denmark inflation rate for 2021 was 1.85%, a 1.43% increase from 2020.
- Denmark inflation rate for 2020 was 0.42%, a 0.34% decline from 2019.
Denmark Inflation Rate - Historical Data |
Year |
Inflation Rate (%) |
Annual Change |
2023 |
3.31% |
-4.39% |
2022 |
7.70% |
5.84% |
2021 |
1.85% |
1.43% |
2020 |
0.42% |
-0.34% |
2019 |
0.76% |
-0.06% |
2018 |
0.81% |
-0.33% |
2017 |
1.15% |
0.90% |
2016 |
0.25% |
-0.20% |
2015 |
0.45% |
-0.11% |
2014 |
0.56% |
-0.23% |
2013 |
0.79% |
-1.61% |
2012 |
2.40% |
-0.36% |
2011 |
2.76% |
0.45% |
2010 |
2.31% |
1.01% |
2009 |
1.30% |
-2.11% |
2008 |
3.42% |
1.72% |
2007 |
1.69% |
-0.23% |
2006 |
1.92% |
0.11% |
2005 |
1.82% |
0.66% |
2004 |
1.15% |
-0.92% |
2003 |
2.08% |
-0.35% |
2002 |
2.42% |
0.09% |
2001 |
2.34% |
-0.57% |
2000 |
2.90% |
0.41% |
1999 |
2.50% |
0.65% |
1998 |
1.85% |
-0.34% |
1997 |
2.18% |
0.06% |
1996 |
2.13% |
0.04% |
1995 |
2.08% |
0.09% |
1994 |
1.99% |
0.73% |
1993 |
1.26% |
-0.84% |
1992 |
2.10% |
-0.30% |
1991 |
2.40% |
-0.25% |
1990 |
2.64% |
-2.13% |
1989 |
4.77% |
0.24% |
1988 |
4.54% |
0.52% |
1987 |
4.02% |
0.34% |
1986 |
3.68% |
-1.00% |
1985 |
4.68% |
-1.61% |
1984 |
6.29% |
-0.62% |
1983 |
6.91% |
-3.21% |
1982 |
10.12% |
-1.65% |
1981 |
11.77% |
-0.54% |
1980 |
12.31% |
2.69% |
1979 |
9.61% |
-0.60% |
1978 |
10.21% |
-0.71% |
1977 |
10.92% |
1.91% |
1976 |
9.01% |
-0.60% |
1975 |
9.61% |
-5.67% |
1974 |
15.28% |
5.97% |
1973 |
9.30% |
2.74% |
1972 |
6.56% |
0.69% |
1971 |
5.87% |
-0.64% |
1970 |
6.51% |
3.03% |
1969 |
3.49% |
-4.52% |
1968 |
8.01% |
-0.20% |
1967 |
8.21% |
1.14% |
1966 |
7.07% |
1.62% |
1965 |
5.45% |
2.36% |
1964 |
3.09% |
-3.01% |
1963 |
6.11% |
-1.27% |
1962 |
7.38% |
3.93% |
1961 |
3.45% |
2.20% |
1960 |
1.26% |
2.20% |