Average inflation measured by CPI rose 59.0% to 1.51% in Greece in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Greece reached an all time high of 1.51% in 2020 and an all time low of -0.017% in 2015. When compared to Greece's main peers, average inflation measured by CPI in Albania amounted to 2.97%, 2.30% in Bulgaria, 2.01% in Macedonia and 14.2% in Turkey in 2020.
Greece has been ranked 161st within the group of 171 countries we follow in terms of average inflation measured by CPI, 88 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 |
Albania | % | 0.020% | 0.020% | 0.014% | 2.97% | 3.00% | ||||||||||||||||
Bulgaria | % | 0.021% | 0.028% | 0.031% | 2.30% | 2.30% | ||||||||||||||||
Greece | % | 0.011% | 0.006% | 0.003% | 1.51% | 1.74% | ||||||||||||||||
Iran | % | 0.080% | 0.180% | 0.399% | 24.2% | 17.5% | ||||||||||||||||
Iraq | % | 0.002% | 0.004% | 2.00% | 2.00% | 2.00% | ||||||||||||||||
Kosovo | % | 0.015% | 0.011% | 0.027% | 2.12% | 2.21% | ||||||||||||||||
Macedonia | % | 0.014% | 0.015% | 0.008% | 2.01% | 1.96% | ||||||||||||||||
Montenegro | % | 0.024% | 0.026% | 1.99% | 1.78% | 1.91% | ||||||||||||||||
Romania | % | 0.013% | 0.046% | 0.038% | 2.76% | 2.61% | ||||||||||||||||
Serbia | % | 0.031% | 0.020% | 0.018% | 2.96% | 3.00% | ||||||||||||||||
Turkey | % | 0.111% | 0.163% | 0.152% | 14.2% | 13.4% |