Annual inflation, consumer prices in Southern Europe

Southern Europe: Annual inflation, consumer prices was 2.4% in 2024. β—† Volatile

Latest (2024)
2.4%
Change on year
down 59.3%
Rank
22nd
of 31 groups
All-time high
8.8%
in 2022
All-time low
-0.2%
in 2014
Years of data
25
2000–2024

Annual inflation, consumer prices in Southern Europe, 2000–2024

024682000201220242000: 3.32001: 3.72002: 3.32003: 2.92004: 2.42005: 2.52006: 3.12007: 2.82008: 4.32009: 1.22010: 1.82011: 3.32012: 2.82013: 1.62014: -0.1512015: 0.0392016: -0.0942017: 1.42018: 1.52019: 0.72020: -0.0552021: 22022: 8.82023: 5.92024: 2.4

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, annual inflation, consumer prices in Southern Europe stood at 2.4%.

Compared with earlier readings it is down 59.3% on the previous year and up 1,698.9% over ten years.

Over the whole period, annual inflation, consumer prices in Southern Europe peaked at 8.8% in 2022 and was at its lowest, -0.2%, in 2014.

That places Southern Europe 22nd out of 31 groups with data for 2024, putting it 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 2.9% 1.2% 4.3% 10
2010s 1.3% -0.2% 3.3% 10
2020s 3.8% -0.1% 8.8% 5

Countries ranked near Southern Europe

  1. 19 Gambia 11.6% compare
  2. 20 Vanuatu 11.2% compare
  3. 21 Kyrgyzstan 10.8% compare
  4. 22 Bangladesh 10.5% compare
  5. 23 Madagascar 9.9% compare
  6. 24 Uzbekistan 9.6% compare
  7. 25 Niger 9.1% compare

See the full ranking of 223 places β†’

More development goals data for Southern Europe

All data for Southern Europe β†’

Frequently asked questions

What is annual inflation, consumer prices in Southern Europe?
Annual inflation, consumer prices in Southern Europe was 2.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in Southern Europe?
The highest recorded value was 8.8% in 2022.
What is the lowest annual inflation, consumer prices recorded in Southern Europe?
The lowest recorded value was -0.2% in 2014.
How does Southern Europe rank for annual inflation, consumer prices?
Southern Europe ranks 22nd out of 31 groups with data for 2024.
Is annual inflation, consumer prices rising or falling in Southern Europe?
Over the last ten years it is up 1,698.9%. The long-run trend across the full record is volatile.
Where does this Southern 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 Southern Europe. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 21 August 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/southern-europe/

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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