Greece 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.
  • Greece inflation rate for 2023 was 3.46%, a 6.18% decline from 2022.
  • Greece inflation rate for 2022 was 9.65%, a 8.42% increase from 2021.
  • Greece inflation rate for 2021 was 1.22%, a 2.47% increase from 2020.
  • Greece inflation rate for 2020 was -1.25%, a 1.5% 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%
Greece Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 3.46% -6.18%
2022 9.65% 8.42%
2021 1.22% 2.47%
2020 -1.25% -1.50%
2019 0.25% -0.37%
2018 0.63% -0.50%
2017 1.12% 1.95%
2016 -0.83% 0.91%
2015 -1.74% -0.42%
2014 -1.31% -0.39%
2013 -0.92% -2.42%
2012 1.50% -1.83%
2011 3.33% -1.38%
2010 4.71% 3.50%
2009 1.21% -2.94%
2008 4.15% 1.26%
2007 2.90% -0.30%
2006 3.20% -0.35%
2005 3.55% 0.65%
2004 2.90% -0.63%
2003 3.53% -0.10%
2002 3.63% 0.26%
2001 3.37% 0.22%
2000 3.15% 0.51%
1999 2.64% -2.13%
1998 4.77% -0.77%
1997 5.54% -2.66%
1996 8.19% -0.74%
1995 8.93% -1.94%
1994 10.87% -3.54%
1993 14.41% -1.47%
1992 15.88% -3.58%
1991 19.46% -0.98%
1990 20.43% 6.78%
1989 13.66% 0.13%
1988 13.53% -2.87%
1987 16.40% -6.62%
1986 23.02% 3.70%
1985 19.31% 0.86%
1984 18.46% -1.72%
1983 20.18% -0.81%
1982 20.99% -3.52%
1981 24.51% -0.17%
1980 24.68% 5.58%
1979 19.09% 6.52%
1978 12.57% 0.20%
1977 12.37% -0.65%
1976 13.02% -0.60%
1975 13.63% -12.93%
1974 26.56% 11.18%
1973 15.38% 11.05%
1972 4.33% 1.04%
1971 3.29% 0.45%
1970 2.84% 0.20%
1969 2.64% 2.50%
1968 0.14% -1.70%
1967 1.84% -3.06%
1966 4.90% 1.68%
1965 3.22% 2.60%
1964 0.62% -2.57%
1963 3.18% 3.66%
1962 -0.48% -2.58%
1961 2.10% 0.63%
1960 1.48% 0.63%