Annual inflation, consumer prices in Europe

Europe: Annual inflation, consumer prices was 2.8% in 2024. β—† Volatile

Latest (2024)
2.8%
Change on year
down 57.8%
Rank
21st
of 36 groups
All-time high
9.6%
in 2022
All-time low
0.2%
in 2015
Years of data
25
2000–2024

Annual inflation, consumer prices in Europe, 2000–2024

02468102000201220242000: 3.2 %2001: 3.8 %2002: 2.4 %2003: 2.1 %2004: 2.3 %2005: 2.5 %2006: 3 %2007: 2.8 %2008: 4.4 %2009: 1.3 %2010: 1.9 %2011: 3.4 %2012: 2.8 %2013: 1.5 %2014: 0.342 %2015: 0.16 %2016: 0.337 %2017: 1.8 %2018: 2 %2019: 1.7 %2020: 0.78 %2021: 2.7 %2022: 9.6 %2023: 6.5 %2024: 2.8 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

Europe recorded 2.8% for annual inflation, consumer prices in 2024.

Compared with earlier readings it is down 57.8% on the previous year and up 708.8% over ten years.

Over the whole period, annual inflation, consumer prices in Europe peaked at 9.6% in 2022 and was at its lowest, 0.2%, in 2015.

Europe ranks 21st of 36 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.8% 1.3% 4.4% 10
2010s 1.6% 0.2% 3.4% 10
2020s 4.5% 0.8% 9.6% 5

Countries ranked near Europe

  1. 18 Ethiopia 21.0% compare
  2. 19 Burundi 20.2% compare
  3. 20 Suriname 16.2% compare
  4. 21 Zambia 15.0% compare
  5. 22 Sao Tome and Principe 14.4% compare
  6. 23 Syrian Arab Republic 13.4% compare
  7. 24 Pakistan 12.6% compare

See the full ranking of 223 places β†’

More development goals data for Europe

All data for Europe β†’

Frequently asked questions

What is annual inflation, consumer prices in Europe?
Annual inflation, consumer prices in Europe 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?
The highest recorded value was 9.6% in 2022.
What is the lowest annual inflation, consumer prices recorded in Europe?
The lowest recorded value was 0.2% in 2015.
How does Europe rank for annual inflation, consumer prices?
Europe ranks 21st out of 36 groups with data for 2024.
Is annual inflation, consumer prices rising or falling in Europe?
Over the last ten years it is up 708.8%. The long-run trend across the full record is volatile.
Where does this Europe 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. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 August 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/europe/

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About this data

Indicator
Annual inflation, consumer prices (%)
Unit
%
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