Europe & Central Asia
Germany Inflation
Annual percentage change in consumer prices (CPI).
Latest Value
2.3%
As of 2024
YoY Change
-62.1%
2023 → 2024
Record High
7.0%
Recorded in 1973
Record Low
-0.1%
Recorded in 1986
10-Year Average
2.4%
2015–2024
Data Range
1960–2024
65 data points
Source
World Bank
Code: FP.CPI.TOTL.ZG
Historical Trend
1960 – 2024
Analysis
Germany's inflation rate of 2.26% in 2024 indicates a moderate increase in prices, which is near the European Central Bank's target rate. This suggests that the economy is experiencing a stable growth period. The inflation rate is influenced by various factors, including economic growth, employment rates, and global events.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | 2.3% | 3.7% | -62.1% |
| 2023 | 5.9% | 0.9% | -13.5% |
| 2022 | 6.9% | 3.8% | +124.1% |
| 2021 | 3.1% | 2.9% | +2016.7% |
| 2020 | 0.1% | 1.3% | -90.0% |
| 2019 | 1.4% | 0.3% | -16.5% |
| 2018 | 1.7% | 0.2% | +14.8% |
| 2017 | 1.5% | 1.0% | +207.0% |
| 2016 | 0.5% | 0.0% | -4.4% |
| 2015 | 0.5% | 0.4% | -43.3% |
Source: World Bank Open Data · 1960–2024
Neighbouring Countries Ranking
Europe & Central Asia · Inflation
