Ukraine Inflation Rate 1993-2024

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.
  • Ukraine inflation rate for 2023 was 12.85%, a 7.33% decline from 2022.
  • Ukraine inflation rate for 2022 was 20.18%, a 10.82% increase from 2021.
  • Ukraine inflation rate for 2021 was 9.36%, a 6.63% increase from 2020.
  • Ukraine inflation rate for 2020 was 2.73%, a 5.15% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Ghana 38.11%
Egypt 33.88%
Lao PDR 31.23%
Pakistan 30.77%
Nigeria 24.66%
Sao Tome and Principe 21.26%
Sri Lanka 16.54%
Angola 13.64%
Moldova 13.42%
Ukraine 12.85%
Zambia 10.88%
Kyrgyz Republic 10.75%
Mongolia 10.35%
Bangladesh 9.88%
Tunisia 9.33%
Nicaragua 8.39%
Kenya 7.67%
Cameroon 7.38%
Honduras 6.66%
Lesotho 6.34%
Morocco 6.09%
Philippines 5.98%
Solomon Islands 5.89%
West Bank and Gaza 5.87%
India 5.65%
Mauritania 4.95%
Kosovo 4.94%
Republic of Congo 4.30%
Bhutan 4.23%
El Salvador 4.05%
Indonesia 3.67%
Vietnam 3.25%
Bolivia 2.58%
Georgia 2.49%
Papua New Guinea 2.30%
Cambodia 2.13%
Djibouti 1.50%
Ukraine Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 12.85% -7.33%
2022 20.18% 10.82%
2021 9.36% 6.63%
2020 2.73% -5.15%
2019 7.89% -3.07%
2018 10.95% -3.49%
2017 14.44% 0.53%
2016 13.91% -34.79%
2015 48.70% 36.63%
2014 12.07% 12.31%
2013 -0.24% -0.81%
2012 0.57% -7.39%
2011 7.96% -1.42%
2010 9.37% -6.51%
2009 15.88% -9.35%
2008 25.23% 12.39%
2007 12.84% 3.79%
2006 9.05% -4.52%
2005 13.57% 4.52%
2004 9.05% 3.87%
2003 5.18% 4.42%
2002 0.76% -11.20%
2001 11.96% -16.24%
2000 28.20% 5.52%
1999 22.68% 12.11%
1998 10.58% -5.36%
1997 15.94% -64.38%
1996 80.33% -296.42%
1995 376.75% -514.44%
1994 891.19% -3843.73%
1993 4,734.91% -3843.73%