Average inflation measured by CPI fell 213% to -0.626% in Cyprus in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Cyprus reached an all time high of 16.2% in 1974 and an all time low of -1.54% in 2015. When compared to Cyprus's main peers, average inflation measured by CPI in Egypt amounted to 5.68%, -0.573% in Greece, -0.549% in Israel and 11.9% in Turkey in 2020.
Cyprus has been ranked 164th within the group of 172 countries we follow in terms of average inflation measured by CPI, 54 places below the position seen 10 years ago.
| Inflation, CPI (Average) | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
| Albania | % | 2.04% | 6.24% | 4.30% | 3.03% | 3.00% | ||||||||||||||||
| Bulgaria | % | 2.84% | 12.4% | 5.24% | 2.19% | 2.00% | ||||||||||||||||
| Cyprus | % | 2.25% | 7.99% | 3.85% | 2.10% | 2.00% | ||||||||||||||||
| Egypt | % | 4.50% | 8.50% | 12.0% | 8.05% | 7.10% | ||||||||||||||||
| Greece | % | 0.574% | 9.17% | 3.20% | 1.62% | 1.78% | ||||||||||||||||
| Iran | % | 40.1% | 40.0% | 40.0% | 30.0% | 25.0% | ||||||||||||||||
| Iraq | % | 6.04% | 6.47% | 4.52% | 2.97% | 2.15% | ||||||||||||||||
| Israel | % | 1.49% | 4.52% | 3.59% | 2.48% | 2.17% | ||||||||||||||||
| Jordan | % | 1.32% | 3.80% | 2.99% | 2.49% | 2.49% | ||||||||||||||||
| Lebanon | % | 2.43% | 2.43% | 2.43% | ... | ... | ... | ... | ||||||||||||||
| Libya | % | 2.77% | 5.52% | 4.05% | 3.04% | 3.04% | ||||||||||||||||
| Macedonia | % | 3.23% | 10.6% | 4.53% | 2.35% | 2.07% | ||||||||||||||||
| Saudi Arabia | % | 3.06% | 2.70% | 2.23% | 2.03% | 2.00% | ||||||||||||||||
| Sudan | % | 359% | 155% | 76.9% | 34.8% | 21.2% | ||||||||||||||||
| Syria | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||
| Turkey | % | 19.6% | 73.1% | 51.2% | 24.2% | 17.2% |
Helgi Library 
