Average inflation measured by CPI fell 44.8% to 1.53% in Slovakia in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Slovakia reached an all time high of 23.3% in 1993 and an all time low of -0.475% in 2016. When compared to Slovakia's main peers, average inflation measured by CPI in Austria amounted to 1.24%, 3.32% in Czech Republic, 3.65% in Hungary and 3.32% in Poland in 2020.
Slovakia has been ranked 108th within the group of 172 countries we follow in terms of average inflation measured by CPI, 54 places above 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 |
Austria | % | 2.75% | 7.73% | 5.12% | 2.50% | 2.20% | ||||||||||||||||
Czechia | % | 3.84% | 16.3% | 8.58% | 2.50% | 2.00% | ||||||||||||||||
Germany | % | 3.21% | 8.46% | 7.19% | 3.53% | 2.56% | ||||||||||||||||
Hungary | % | 5.13% | 13.9% | 13.3% | 5.64% | 3.97% | ||||||||||||||||
Italy | % | 1.94% | 8.74% | 5.21% | 1.74% | 2.13% | ||||||||||||||||
Poland | % | 5.12% | 13.8% | 14.3% | 4.26% | 3.21% | ||||||||||||||||
Russia | % | 6.69% | 13.8% | 5.04% | 4.00% | 4.00% | ||||||||||||||||
Slovakia | % | 2.82% | 11.9% | 10.1% | 4.41% | 2.80% | ||||||||||||||||
Switzerland | % | 0.582% | 3.06% | 2.39% | 1.55% | 1.28% | ||||||||||||||||
Ukraine | % | 9.36% | 20.6% | 5.19% | 5.00% | 5.00% | ... | ... |