Annual inflation, consumer prices in Europe and Northern America

Europe and Northern America: Annual inflation, consumer prices was 2.8% in 2024. ◆ Volatile

Latest (2024)
2.8%
Change on year
down 55.9%
Rank
18th
of 31 groups
All-time high
9.2%
in 2022
All-time low
0.2%
in 2015
Years of data
25
2000–2024

Annual inflation, consumer prices in Europe and Northern America, 2000–2024

02468102000201220242000: 3.22001: 3.62002: 2.32003: 2.12004: 2.32005: 2.52006: 32007: 2.82008: 4.32009: 1.22010: 1.82011: 3.42012: 2.72013: 1.52014: 0.4262015: 0.162016: 0.3762017: 1.82018: 22019: 1.72020: 0.782021: 2.92022: 9.22023: 6.32024: 2.8

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for annual inflation, consumer prices in Europe and Northern America is 2.8%, measured in 2024.

That represents a change of down 55.9% on the previous year and up 549.5% over ten years.

Over the whole period, annual inflation, consumer prices in Europe and Northern America peaked at 9.2% in 2022 and was at its lowest, 0.2%, in 2015.

Europe and Northern America ranks 18th of 31 groups on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Annual inflation, consumer prices in Europe and Northern America, year by year

Annual values for Annual inflation, consumer prices (%) in Europe and Northern America, 2000 to 2024.
Year Value Change
2000 3.2%
2001 3.6% +13.9%
2002 2.3% -35.5%
2003 2.1% -9.3%
2004 2.3% +10.7%
2005 2.5% +6.4%
2006 3.0% +22.0%
2007 2.8% -8.1%
2008 4.3% +54.3%
2009 1.2% -71.9%
2010 1.8% +50.6%
2011 3.4% +89.4%
2012 2.7% -20.6%
2013 1.5% -45.9%
2014 0.4% -71.1%
2015 0.2% -62.4%
2016 0.4% +134.9%
2017 1.8% +373.1%
2018 2.0% +11.3%
2019 1.7% -12.0%
2020 0.8% -55.2%
2021 2.9% +273.8%
2022 9.2% +216.0%
2023 6.3% -31.9%
2024 2.8% -55.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.7% 1.2% 4.3% 10
2010s 1.6% 0.2% 3.4% 10
2020s 4.4% 0.8% 9.2% 5

Countries ranked near Europe and Northern America

  1. 15 Suriname 16.2% compare
  2. 16 Democratic Republic of the Congo 2.9% compare
  3. 16 Zambia 15.0% compare
  4. 17 Sao Tome and Principe 14.4% compare
  5. 18 Pakistan 12.6% compare
  6. 19 Gambia 11.6% compare
  7. 19 Timor-Leste 2.1% compare
  8. 20 Vanuatu 11.2% compare
  9. 21 Kyrgyzstan 10.8% compare

See the full ranking of 223 places →

More development goals data for Europe and Northern America

All data for Europe and Northern America →

Frequently asked questions

What is annual inflation, consumer prices in Europe and Northern America?
Annual inflation, consumer prices in Europe and Northern America was 2.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in Europe and Northern America?
The highest recorded value was 9.2% in 2022.
What is the lowest annual inflation, consumer prices recorded in Europe and Northern America?
The lowest recorded value was 0.2% in 2015.
How does Europe and Northern America rank for annual inflation, consumer prices?
Europe and Northern America ranks 18th out of 31 groups with data for 2024.
Is annual inflation, consumer prices rising or falling in Europe and Northern America?
Over the last ten years it is up 549.5%. The long-run trend across the full record is volatile.
Where does this Europe and Northern America data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.

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Annual inflation, consumer prices in Europe and Northern America. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 03 September 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/europe-and-northern-america/

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About this data

Indicator
Annual inflation, consumer prices (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
223 places, 5,311 data points, 2000–2024
Last refreshed