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Inflation, CPI (Average) fell 44.8% to 1.53% in Slovakia in 2020

Inflation, CPI (Average) (%), 2020
Economy | Slovakia | February 1, 2021
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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% ... ...