Spain 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.
- Spain inflation rate for 2023 was 3.53%, a 4.86% decline from 2022.
- Spain inflation rate for 2022 was 8.39%, a 5.3% increase from 2021.
- Spain inflation rate for 2021 was 3.09%, a 3.42% increase from 2020.
- Spain inflation rate for 2020 was -0.32%, a 1.02% decline from 2019.
Spain Inflation Rate - Historical Data |
Year |
Inflation Rate (%) |
Annual Change |
2023 |
3.53% |
-4.86% |
2022 |
8.39% |
5.30% |
2021 |
3.09% |
3.42% |
2020 |
-0.32% |
-1.02% |
2019 |
0.70% |
-0.98% |
2018 |
1.68% |
-0.28% |
2017 |
1.96% |
2.16% |
2016 |
-0.20% |
0.30% |
2015 |
-0.50% |
-0.35% |
2014 |
-0.15% |
-1.56% |
2013 |
1.41% |
-1.04% |
2012 |
2.45% |
-0.75% |
2011 |
3.20% |
1.40% |
2010 |
1.80% |
2.09% |
2009 |
-0.29% |
-4.36% |
2008 |
4.08% |
1.29% |
2007 |
2.79% |
-0.73% |
2006 |
3.52% |
0.15% |
2005 |
3.37% |
0.33% |
2004 |
3.04% |
0.00% |
2003 |
3.04% |
-0.03% |
2002 |
3.07% |
-0.52% |
2001 |
3.59% |
0.16% |
2000 |
3.43% |
1.12% |
1999 |
2.31% |
0.48% |
1998 |
1.83% |
-0.14% |
1997 |
1.97% |
-1.59% |
1996 |
3.56% |
-1.12% |
1995 |
4.67% |
-0.04% |
1994 |
4.72% |
0.15% |
1993 |
4.57% |
-1.36% |
1992 |
5.92% |
-0.01% |
1991 |
5.93% |
-0.79% |
1990 |
6.72% |
-0.07% |
1989 |
6.79% |
1.95% |
1988 |
4.84% |
-0.41% |
1987 |
5.25% |
-3.55% |
1986 |
8.79% |
-0.02% |
1985 |
8.81% |
-2.47% |
1984 |
11.28% |
-0.89% |
1983 |
12.17% |
-2.24% |
1982 |
14.42% |
-0.13% |
1981 |
14.55% |
-1.01% |
1980 |
15.56% |
-0.10% |
1979 |
15.66% |
-4.11% |
1978 |
19.77% |
-4.76% |
1977 |
24.54% |
6.91% |
1976 |
17.62% |
0.67% |
1975 |
16.95% |
1.27% |
1974 |
15.68% |
4.26% |
1973 |
11.42% |
3.14% |
1972 |
8.27% |
0.04% |
1971 |
8.24% |
2.51% |
1970 |
5.73% |
3.57% |
1969 |
2.16% |
-2.79% |
1968 |
4.95% |
-1.44% |
1967 |
6.39% |
0.15% |
1966 |
6.24% |
-6.97% |
1965 |
13.21% |
6.23% |
1964 |
6.98% |
-1.76% |
1963 |
8.74% |
3.04% |
1962 |
5.71% |
4.90% |
1961 |
0.81% |
-0.37% |
1960 |
1.18% |
-0.37% |