Annual inflation, consumer prices in Europe
Europe: Annual inflation, consumer prices was 2.8% in 2024. ◆ Volatile
Annual inflation, consumer prices in Europe, 2000–2024
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 20th of 33 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, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.2% | — |
| 2001 | 3.8% | +19.9% |
| 2002 | 2.4% | -35.8% |
| 2003 | 2.1% | -13.7% |
| 2004 | 2.3% | +11.0% |
| 2005 | 2.5% | +6.4% |
| 2006 | 3.0% | +22.0% |
| 2007 | 2.8% | -8.1% |
| 2008 | 4.4% | +58.4% |
| 2009 | 1.3% | -71.4% |
| 2010 | 1.9% | +51.5% |
| 2011 | 3.4% | +80.5% |
| 2012 | 2.8% | -18.8% |
| 2013 | 1.5% | -46.6% |
| 2014 | 0.3% | -77.1% |
| 2015 | 0.2% | -53.2% |
| 2016 | 0.3% | +110.5% |
| 2017 | 1.8% | +427.9% |
| 2018 | 2.0% | +10.1% |
| 2019 | 1.7% | -13.6% |
| 2020 | 0.8% | -53.8% |
| 2021 | 2.7% | +248.7% |
| 2022 | 9.6% | +253.6% |
| 2023 | 6.5% | -32.0% |
| 2024 | 2.8% | -57.8% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More development goals data for Europe
- Red List Index 0.8374 index (2025)
- Number of refugees per 100,000 population, by country of origin 737.2 per 100,000 people (2025)
- Manufacturing value added per capita 4,433 constant US$ (2025)
- Number of transboundary breeds 695 (2025)
- Number of transboundary breeds (not extinct) 616 (2025)
- Number of transboundary breeds with unknown risk status 159 (2025)
- Number of local breeds with unknown risk status 822 (2025)
- Number of local breeds (not extinct) 2,962 (2025)
- Number of local breeds kept in the country 3,496 (2025)
- Infant deaths 23,561 (2024)
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 20th out of 33 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.
Download this data
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