Average inflation measured by CPI fell 45.1% to 0.400% in Denmark in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Denmark reached an all time high of 15.3% in 1974 and an all time low of 0.017% in 2016. When compared to Denmark's main peers, average inflation measured by CPI in Germany amounted to 0.495%, 1.18% in Netherlands, 1.40% in Norway and 0.821% in Sweden in 2020.
Denmark has been ranked 143rd within the group of 172 countries we follow in terms of average inflation measured by CPI, 21 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 |
Austria | % | 2.75% | 7.73% | 5.12% | 2.50% | 2.20% | ||||||||||||||||
Belgium | % | 3.22% | 9.47% | 4.91% | 1.81% | 1.69% | ||||||||||||||||
Denmark | % | 1.94% | 7.20% | 3.80% | 2.40% | 2.20% | ||||||||||||||||
Finland | % | 2.07% | 6.55% | 3.51% | 1.80% | 1.80% | ||||||||||||||||
France | % | 2.06% | 5.81% | 4.60% | 2.44% | 1.76% | ||||||||||||||||
Germany | % | 3.21% | 8.46% | 7.19% | 3.53% | 2.56% | ||||||||||||||||
Iceland | % | 4.46% | 8.43% | 6.71% | 4.14% | 2.72% | ||||||||||||||||
Netherlands | % | 2.83% | 12.0% | 8.00% | 2.70% | 2.30% | ||||||||||||||||
Norway | % | 3.48% | 4.70% | 3.80% | 2.70% | 2.50% | ||||||||||||||||
Poland | % | 5.12% | 13.8% | 14.3% | 4.26% | 3.21% | ||||||||||||||||
Russia | % | 6.69% | 13.8% | 5.04% | 4.00% | 4.00% | ||||||||||||||||
Sweden | % | 2.65% | 7.24% | 8.37% | 3.50% | 2.30% | ||||||||||||||||
United Kingdom | % | 2.59% | 9.12% | 8.99% | 3.74% | 1.83% |