EMU Topics Economy Inflation and Prices

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Gross domestic product deflator inflation (%)

1970199020002005201020112012201320142015201620172018201920202021202220232024
Luxembourg15.02.54.64.84.63.43.32.32.82.2-1.12.11.80.93.95.96.26.35.2
Netherlands5.61.63.32.00.70.21.31.10.30.90.61.42.53.02.42.76.27.35.2
Portugal2.013.13.43.30.8-0.3-0.42.30.72.01.91.51.91.82.12.05.37.04.4
Estonia3.75.91.85.54.24.12.91.32.43.74.83.80.85.415.88.13.7
Slovak Republic9.72.60.51.61.30.5-0.1-0.2-0.41.22.12.42.42.27.510.13.6
Cyprus5.42.72.01.91.61.7-0.9-1.3-0.8-0.61.01.01.4-1.23.06.73.83.5
Lithuania1.36.42.15.62.50.80.60.01.04.13.62.42.06.016.19.03.4
Ireland9.7-0.76.93.1-2.91.92.41.30.38.90.11.50.93.4-1.91.16.83.63.3
Malta3.2-9.92.02.81.52.22.32.34.22.12.11.82.51.92.45.15.33.2
Greece3.820.71.61.91.21.0-0.3-2.0-1.9-0.2-0.50.2-0.20.2-0.41.46.55.93.2
Germany7.63.4-0.30.50.71.21.42.01.91.71.31.51.92.01.82.86.16.13.1
Slovenia5.51.5-0.51.40.61.10.60.90.91.32.22.31.22.76.510.13.1
Austria4.73.01.42.50.91.82.11.72.02.31.81.01.81.52.61.94.86.63.1
Spain5.97.33.44.20.3-0.1-0.20.4-0.20.60.41.31.21.41.12.64.76.23.0
Latvia3.810.4-0.54.72.91.91.70.40.62.73.74.32.43.39.86.02.6
France5.42.71.42.01.10.91.10.70.61.10.50.61.11.23.01.23.25.32.3
Italy6.98.91.82.10.61.71.71.10.90.81.20.71.11.01.61.33.55.92.1
Belgium4.52.82.02.11.72.32.21.40.81.11.92.01.71.91.62.76.84.51.9
Finland3.85.21.60.90.32.62.92.61.61.60.10.82.01.51.62.56.23.51.7