Development of inflation rates in Cyprus
The inflation rate for consumer prices in Cyprus moved over the past 60 years between -2.1% and 16.2%. For 2020, an inflation rate of -0.6% was calculated.During the observation period from 1960 to 2020, the average inflation rate was 3.4% per year. Overall, the price increase was 636.64 %. An item that cost 100 Euro in 1960 was so charged 736.64 Euro in the beginning of 2021.
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.
Back to overview: Cyprus
Performance over the last 60 years compared to the US
Performance based on 100% in year 1959.
Inflation calculator for Cyprus
Enter any amount, an initial year and an end year here. You will then be issued with the amount that arose from the original amount after inflation. Example: 1000 Euro in 1960 corresponds to an amount of 7,366.38 Euro at the beginning of 2021 due to inflation.Development of inflation rates for consumer goods in Cyprus
| Year | Cyprus | Ø USA | Ø World |
|---|---|---|---|
| 2020 | -0.64 % | 1.23 % | 1.89 % |
| 2019 | 0.25 % | 1.81 % | 2.21 % |
| 2018 | 1.44 % | 2.44 % | 2.44 % |
| 2017 | 0.53 % | 2.13 % | 2.19 % |
| 2016 | -1.43 % | 1.26 % | 1.55 % |
| 2015 | -2.10 % | 0.12 % | 1.43 % |
| 2014 | -1.35 % | 1.62 % | 2.35 % |
| 2013 | -0.40 % | 1.46 % | 2.62 % |
| 2012 | 2.39 % | 2.07 % | 3.73 % |
| 2011 | 3.29 % | 3.16 % | 4.82 % |
| 2010 | 2.43 % | 1.64 % | 3.35 % |
| 2009 | 0.33 % | -0.36 % | 2.94 % |
| 2008 | 4.67 % | 3.84 % | 8.95 % |
| 2007 | 2.37 % | 2.85 % | 4.82 % |
| 2006 | 2.30 % | 3.23 % | 4.28 % |
| 2005 | 2.56 % | 3.39 % | 4.11 % |
| 2004 | 2.29 % | 2.68 % | 3.38 % |
| 2003 | 4.14 % | 2.27 % | 3.03 % |
| 2002 | 2.80 % | 1.59 % | 2.83 % |
| 2001 | 1.97 % | 2.83 % | 3.84 % |
| 2000 | 4.14 % | 3.38 % | 3.49 % |
| 1999 | 1.63 % | 2.19 % | 3.08 % |
| 1998 | 2.23 % | 1.55 % | 5.11 % |
| 1997 | 3.61 % | 2.34 % | 5.57 % |
| 1996 | 2.98 % | 2.93 % | 6.55 % |
| 1995 | 2.62 % | 2.81 % | 9.15 % |
| 1994 | 4.70 % | 2.61 % | 10.32 % |
| 1993 | 4.85 % | 2.95 % | 7.51 % |
| 1992 | 6.51 % | 3.03 % | 7.71 % |
| 1991 | 5.04 % | 4.23 % | 9.00 % |
| 1990 | 4.50 % | 5.40 % | 8.13 % |
| 1989 | 3.77 % | 4.83 % | 7.00 % |
| 1988 | 3.43 % | 4.08 % | 7.15 % |
| 1987 | 2.79 % | 3.66 % | 5.76 % |
| 1986 | 1.22 % | 1.90 % | 5.82 % |
| 1985 | 5.03 % | 3.55 % | 6.86 % |
| 1984 | 5.99 % | 4.30 % | 8.12 % |
| 1983 | 5.05 % | 3.21 % | 8.77 % |
| 1982 | 6.43 % | 6.13 % | 10.24 % |
| 1981 | 10.74 % | 10.33 % | 12.47 % |
| 1980 | 13.52 % | 13.55 % | 13.98 % |
| 1979 | 9.46 % | 11.25 % | n/a |
| 1978 | 7.44 % | 7.63 % | n/a |
| 1977 | 7.33 % | 6.50 % | n/a |
| 1976 | 3.85 % | 5.74 % | n/a |
| 1975 | 4.64 % | 9.14 % | n/a |
| 1974 | 16.18 % | 11.05 % | n/a |
| 1973 | 7.81 % | 6.18 % | n/a |
| 1972 | 4.83 % | 3.27 % | n/a |
| 1971 | 4.14 % | 4.29 % | n/a |
| 1970 | 2.40 % | 5.84 % | n/a |
| 1969 | 2.39 % | 5.46 % | n/a |
| 1968 | 3.77 % | 4.27 % | n/a |
| 1967 | 0.70 % | 2.77 % | n/a |
| 1966 | 0.51 % | 3.02 % | n/a |
| 1965 | 0.20 % | 1.59 % | n/a |
| 1964 | -0.30 % | 1.28 % | n/a |
| 1963 | 1.96 % | 1.24 % | n/a |
| 1962 | 0.10 % | 1.20 % | n/a |
| 1961 | -0.62 % | 1.07 % | n/a |
| 1960 | 0.83 % | 1.46 % | n/a |
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Country comparison Cyprus : United States
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