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Inflation rates in Denmark

The inflation rate for consumer prices in Denmark moved over the past 61 years between 0.2% and 15.3%. For 2021, an inflation rate of 1.9% was calculated.

During the observation period from 1960 to 2021, the average inflation rate was 4.5% per year. Overall, the price increase was 1,285.95%. An item that cost 100 krones in 1960 costs 1,385.95 krones at the beginning of 2022.

For December 2022, the year-over-year inflation rate was 8.7%.
This includes energy (+30.2%) and food (+14.9%).


Inflation rates in global comparison


Back to overview: Denmark

Performance over the last 61 years compared with the USA

In only a few countries the price increase is that high. The Consumer Price Index (CPI) of 15.3% in 1974 means, that compared to the previous year all prices increased by an average of 15.3%. In comparison to most other countries, the drastic price increases are no longer average. Usually this is a sign of political and economic turmoil.

Performance based on 100% in 1959:Performance in Denmark

      Denmark       USA


Inflation calculator for Denmark

Enter any amount, an initial year and an end year here. You will then be provided with the original amount after inflation. Example: 1,000 krones in 1960 corresponds to 13,859.54 krones at the beginning of 2022 due to inflation.

Original amount in krones:


Start year:


End year:






Inflation rates for consumer goods in Denmark

Inflation rates for consumer goods in Denmark

Energy and food

Food and energy inflation in Denmark

      Energy       Food

Historical inflation rates in comparison

YearDenmarkØ EUØ USAØ World
20211.85 %2.55 %4.70 %3.50 %
20200.42 %0.50 %1.23 %1.92 %
20190.76 %1.63 %1.81 %2.19 %
20180.81 %1.74 %2.44 %2.44 %
20171.15 %1.43 %2.13 %2.19 %
20160.25 %0.18 %1.26 %1.55 %
20150.45 %-0.06 %0.12 %1.43 %
20140.56 %0.20 %1.62 %2.35 %
20130.79 %1.22 %1.46 %2.62 %
20122.40 %2.66 %2.07 %3.73 %
20112.76 %3.29 %3.16 %4.82 %
20102.31 %1.53 %1.64 %3.35 %
20091.30 %0.84 %-0.36 %2.94 %
20083.42 %4.16 %3.84 %8.95 %
20071.69 %2.51 %2.85 %4.82 %
20061.92 %2.67 %3.23 %4.28 %
20051.82 %2.49 %3.39 %4.11 %
20041.15 %2.29 %2.68 %3.38 %
20032.08 %2.09 %2.27 %3.03 %
20022.42 %2.42 %1.59 %2.83 %
20012.34 %3.37 %2.83 %3.84 %
20002.90 %3.15 %3.38 %3.49 %
19992.50 %2.16 %2.19 %3.08 %
19981.85 %2.42 %1.55 %5.11 %
19972.18 %3.11 %2.34 %5.57 %
19962.13 %3.56 %2.93 %6.55 %
19952.08 %4.43 %2.81 %9.15 %
19941.99 %4.72 %2.61 %10.32 %
19931.26 %4.85 %2.95 %7.51 %
19922.10 %6.22 %3.03 %7.71 %
19912.40 %5.48 %4.23 %9.00 %
19902.64 %6.15 %5.40 %8.13 %
19894.77 %6.26 %4.83 %7.00 %
19884.54 %4.54 %4.08 %7.15 %
19874.02 %4.02 %3.66 %5.76 %
19863.68 %3.68 %1.90 %5.82 %
19854.68 %5.40 %3.55 %6.86 %
19846.29 %7.67 %4.30 %8.12 %
19836.91 %8.67 %3.21 %8.77 %
198210.12 %9.58 %6.13 %10.24 %
198111.77 %11.77 %10.33 %12.47 %
198012.31 %12.91 %13.55 %13.98 %
19799.61 %8.22 %11.25 %n/a
197810.21 %7.76 %7.63 %n/a
197710.92 %9.77 %6.50 %n/a
19769.01 %9.35 %5.74 %n/a
19759.61 %10.47 %9.14 %n/a
197415.28 %13.16 %11.05 %n/a
19739.30 %7.75 %6.18 %n/a
19726.56 %6.01 %3.27 %n/a
19715.87 %5.24 %4.29 %n/a
19706.51 %4.51 %5.84 %n/a
19693.49 %2.67 %5.46 %n/a
19688.01 %3.24 %4.27 %n/a
19678.21 %3.32 %2.77 %n/a
19667.06 %3.70 %3.02 %n/a
19655.45 %3.99 %1.59 %n/a
19643.09 %3.42 %1.28 %n/a
19636.11 %2.92 %1.24 %n/a
19627.38 %3.55 %1.20 %n/a
19613.45 %2.08 %1.07 %n/a
19601.26 %1.74 %1.46 %n/a

Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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