Data / Rankings / Inflation, annual average / EU countries

EU countries by average annual inflation

Hungary had the highest average annual inflation of 27 EU countries in 2023, at 17.1%. Denmark had the lowest, at 3.3%. The median was 6.3%. Source: the World Bank.

Highest17.1Hungary
Lowest3.3Denmark
Median6.327 EU countries

All EU countries, 2023

CSVChart (SVG)

HungaryHungary: 17.1 %17.1PolandPoland: 11.5 %11.5CzechiaCzechia: 10.7 %10.7SlovakiaSlovakia: 10.5 %10.5RomaniaRomania: 10.4 %10.4BulgariaBulgaria: 9.4 %9.4EstoniaEstonia: 9.2 %9.2LithuaniaLithuania: 9.1 %9.1LatviaLatvia: 8.9 %8.9SwedenSweden: 8.5 %8.5CroatiaCroatia: 7.9 %7.9AustriaAustria: 7.8 %7.8SloveniaSlovenia: 7.4 %7.4IrelandIreland: 6.3 %6.3FinlandFinland: 6.3 %6.3GermanyGermany: 5.9 %5.9ItalyItaly: 5.6 %5.6MaltaMalta: 5.1 %5.1FranceFrance: 4.9 %4.9PortugalPortugal: 4.3 %4.3BelgiumBelgium: 4 %4NetherlandsNetherlands: 3.8 %3.8LuxembourgLuxembourg: 3.7 %3.7CyprusCyprus: 3.5 %3.5SpainSpain: 3.5 %3.5GreeceGreece: 3.5 %3.5DenmarkDenmark: 3.3 %3.3
%. Source: World Bank. Retrieved 2026-10-09.

Full ranking

RankEU countries2023 (%)Change on 2022
1Hungary17.1+2.5 pts
2Poland11.5-2.9 pts
3Czechia10.7-4.4 pts
4Slovakia10.5-2.2 pts
5Romania10.4-3.4 pts
6Bulgaria9.4-5.9 pts
7Estonia9.2-10.2 pts
8Lithuania9.1-10.6 pts
9Latvia8.9-8.4 pts
10Sweden8.5+0.2 pts
11Croatia7.9-2.8 pts
12Austria7.8-0.7 pts
13Slovenia7.4-1.4 pts
14Ireland6.3-1.5 pts
15Finland6.3-0.9 pts
16Germany5.9-0.9 pts
17Italy5.6-2.6 pts
18Malta5.1-1.1 pts
19France4.9-0.3 pts
20Portugal4.3-3.5 pts
21Belgium4-5.5 pts
22Netherlands3.8-6.2 pts
23Luxembourg3.7-2.6 pts
24Cyprus3.5-4.9 pts
25Spain3.5-4.9 pts
26Greece3.5-6.2 pts
27Denmark3.3-4.4 pts

Other periods

About this ranking

Annual average change in the consumer price index, percent.

United States: percent change between the annual average CPI-U (all items, US city average) of the year and of the previous year, rounded to one decimal as the Bureau of Labor Statistics publishes it; both averages are shown with each value. A whole-year figure: it differs from the December 12-month change in cpi_annual_change. Other countries and the World: World Bank, from IMF International Financial Statistics and national sources; the World value is the median of country rates, not a weighted average.

Every value in the ranking comes from the same publisher and the same period, so the EU countries are compared on one definition. Equal values share a rank.

How to cite

World Bank, World Development Indicators. Inflation, consumer prices, annual % (FP.CPI.TOTL.ZG). https://data.worldbank.org/indicator/FP.CPI.TOTL.ZG. Retrieved 2026-10-09.

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Rank EU countries by average annual inflation using official data, and cite the source.
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Questions

Which EU country has the highest average annual inflation?

Hungary, with 17.1% in 2023, according to the World Bank.

Which EU country has the lowest average annual inflation?

Denmark, with 3.3% in 2023.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: World Bank, Inflation, consumer prices, annual % (FP.CPI.TOTL.ZG). Retrieved 2026-10-09.

Inflation, annual average: other rankings

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