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Development of inflation rates in Finland

The inflation rate for consumer prices in Finland moved over the past 61 years between -0.2% and 17.8%. For 2021, an inflation rate of 2.2% was calculated.

During the observation period from 1960 to 2021, the average inflation rate was 4.6% per year. Overall, the price increase was 1,363.29 %. An item that cost 100 Euro in 1960 was so charged 1,463.29 Euro in the beginning of 2022.

For May 2022, the year-on-year inflation rate was 7.0%.
This includes in particular energy (+32.1%) and food (+9.0%).


Inflation rates in global comparison


Back to overview: Finland

Performance over the last 61 years compared to the US

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.

Performance based on 100% in 1959:Performance in Finland

      Finland       USA


Inflation calculator for Finland

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 14,632.86 Euro at the beginning of 2022 due to inflation.

Original amount in Euro:


Start year:


End year:


Development of inflation rates for consumer goods in Finland

Inflation rates for consumer goods in Finland

Energy and food

Food and energy inflation in Finland

      Energy       Food

Historical inflation rates in comparison

YearFinlandØ USAØ World
20212.19 %4.70 %3.42 %
20200.29 %1.23 %1.91 %
20191.02 %1.81 %2.21 %
20181.08 %2.44 %2.44 %
20170.75 %2.13 %2.19 %
20160.36 %1.26 %1.55 %
2015-0.21 %0.12 %1.43 %
20141.04 %1.62 %2.35 %
20131.48 %1.46 %2.62 %
20122.81 %2.07 %3.73 %
20113.42 %3.16 %4.82 %
20101.18 %1.64 %3.35 %
20090.00 %-0.36 %2.94 %
20084.07 %3.84 %8.95 %
20072.51 %2.85 %4.82 %
20061.57 %3.23 %4.28 %
20050.62 %3.39 %4.11 %
20040.19 %2.68 %3.38 %
20030.88 %2.27 %3.03 %
20021.57 %1.59 %2.83 %
20012.58 %2.83 %3.84 %
20003.04 %3.38 %3.49 %
19991.16 %2.19 %3.08 %
19981.40 %1.55 %5.11 %
19971.19 %2.34 %5.57 %
19960.63 %2.93 %6.55 %
19950.79 %2.81 %9.15 %
19941.09 %2.61 %10.32 %
19932.19 %2.95 %7.51 %
19922.92 %3.03 %7.71 %
19914.31 %4.23 %9.00 %
19906.15 %5.40 %8.13 %
19896.59 %4.83 %7.00 %
19885.09 %4.08 %7.15 %
19874.11 %3.66 %5.76 %
19862.93 %1.90 %5.82 %
19855.20 %3.55 %6.86 %
19847.07 %4.30 %8.12 %
19838.37 %3.21 %8.77 %
19829.58 %6.13 %10.24 %
198111.31 %10.33 %12.47 %
198011.59 %13.55 %13.98 %
19797.47 %11.25 %n/a
19787.80 %7.63 %n/a
197711.79 %6.50 %n/a
197614.34 %5.74 %n/a
197517.81 %9.14 %n/a
197416.94 %11.05 %n/a
197310.75 %6.18 %n/a
19726.66 %3.27 %n/a
19716.48 %4.29 %n/a
19702.74 %5.84 %n/a
19692.21 %5.46 %n/a
19689.19 %4.27 %n/a
19675.38 %2.77 %n/a
19663.87 %3.02 %n/a
19654.94 %1.59 %n/a
196410.28 %1.28 %n/a
19635.00 %1.24 %n/a
19624.38 %1.20 %n/a
19611.69 %1.07 %n/a
19603.42 %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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