Inflation, CPI (Average) rose 10.0% to 1.89% in Luxembourg in 2020

Inflation, CPI (Average) (%), 2020
Economy | Luxembourg | January 1, 2021
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Average inflation measured by CPI rose 10.0% to 1.89% in Luxembourg in 2020, according to the National Statistical Office.

Historically, average inflation measured by CPI in Luxembourg reached an all time high of 1.89% in 2020 and an all time low of < -0.001% in 1987. When compared to Luxembourg's main peers, average inflation measured by CPI in Belgium amounted to 1.79%, 1.75% in France, 2.08% in Germany and 1.84% in Netherlands in 2020.

Luxembourg has been ranked 147th within the group of 171 countries we follow in terms of average inflation measured by CPI, 25 places below the position seen 10 years ago.

Inflation, CPI (Average) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Austria % 0.021% 0.020% 0.015% 2.10% 2.10%
Belgium % 0.021% 0.021% 0.014% 1.79% 1.92%
Denmark % 0.011% 0.008% 0.008% 2.00% 2.00%
France % 0.010% 0.019% 0.011% 1.75% 1.82%
Germany % 0.015% 0.017% 0.014% 2.08% 2.29%
Italy % 0.012% 0.011% 0.006% 1.48% 1.58%
Luxembourg % 0.017% 0.015% 0.017% 1.89% 2.00%
Netherlands % 0.014% 0.017% 0.026% 1.84% 1.94%
Poland % 0.021% 0.018% 0.022% 2.50% 2.50%
Spain % 0.020% 0.017% 0.007% 1.86% 1.89%
United Kingdom % 0.026% 0.023% 0.017% 2.00% 2.00%