Slovak Republic 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.
  • Slovak Republic inflation rate for 2023 was 10.53%, a 2.24% decline from 2022.
  • Slovak Republic inflation rate for 2022 was 12.77%, a 9.62% increase from 2021.
  • Slovak Republic inflation rate for 2021 was 3.15%, a 1.21% increase from 2020.
  • Slovak Republic inflation rate for 2020 was 1.94%, a 0.73% 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%
Slovak Republic Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 10.53% -2.24%
2022 12.77% 9.62%
2021 3.15% 1.21%
2020 1.94% -0.73%
2019 2.66% 0.15%
2018 2.51% 1.20%
2017 1.31% 1.83%
2016 -0.52% -0.19%
2015 -0.33% -0.25%
2014 -0.08% -1.48%
2013 1.40% -2.21%
2012 3.61% -0.31%
2011 3.92% 2.96%
2010 0.96% -0.66%
2009 1.62% -2.98%
2008 4.60% 1.84%
2007 2.76% -1.73%
2006 4.48% 1.77%
2005 2.71% -4.84%
2004 7.55% -1.01%
2003 8.55% 5.43%
2002 3.13% -4.20%
2001 7.33% -4.71%
2000 12.04% 1.47%
1999 10.57% 3.90%
1998 6.67% 0.52%
1997 6.14% 0.37%
1996 5.78% -4.07%
1995 9.84% -3.57%
1994 13.42% -9.87%
1993 23.29% 13.39%
1992 9.89% 13.39%