Development of inflation rates in Georgia
The inflation rate in Germany moved over the past years between -0.9% and 162.7%. For 2016, an inflation rate of 2.1% was calculated.
During the observation period from 1995 to 2016, the average inflation rate was 15.0%
per year. Overall, the price increase was 974.32 %. An item that cost 100 Lari in 1994 was 2016 so charged 1,074.32 Lari.
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: Georgia
Inflation developments of the past 21 years compared to the European Union
Performance based on 100% in 1994. Georgia European Union
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