Lithuania 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.
  • Lithuania inflation rate for 2023 was 9.12%, a 10.59% decline from 2022.
  • Lithuania inflation rate for 2022 was 19.71%, a 15.02% increase from 2021.
  • Lithuania inflation rate for 2021 was 4.68%, a 3.48% increase from 2020.
  • Lithuania inflation rate for 2020 was 1.20%, a 1.13% 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%
Lithuania Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 9.12% -10.59%
2022 19.71% 15.02%
2021 4.68% 3.48%
2020 1.20% -1.13%
2019 2.33% -0.36%
2018 2.70% -1.03%
2017 3.72% 2.82%
2016 0.91% 1.79%
2015 -0.88% -0.99%
2014 0.10% -0.94%
2013 1.05% -2.04%
2012 3.09% -1.04%
2011 4.13% 2.81%
2010 1.32% -3.13%
2009 4.45% -6.47%
2008 10.93% 5.19%
2007 5.74% 2.00%
2006 3.74% 1.08%
2005 2.66% 1.49%
2004 1.16% 2.30%
2003 -1.13% -1.42%
2002 0.28% -1.09%
2001 1.37% 0.39%
2000 0.98% 0.25%
1999 0.73% -4.34%
1998 5.07% -3.81%
1997 8.88% -15.74%
1996 24.63% -15.02%
1995 39.65% -32.61%
1994 72.25% -338.20%
1993 410.45% -610.17%
1992 1,020.62% -610.17%