Inflation rates in Slovakia
The inflation rate for consumer prices in Slovakia moved over the past 29 years between -0.5% and 23.3%. For 2021, an inflation rate of 3.1% was calculated.During the observation period from 1992 to 2021, the average inflation rate was 5.5% per year. Overall, the price increase was 364.33%. An item that cost 100 Euro in 1992 cost 464.33 Euro in the beginning of 2022.
For August 2022, the year-over-year inflation rate was 14.1%.
This includes energy (+19.3%) and food (+21.0%).
› Inflation rates in global comparison
Back to overview: Slovakia
Performance over the last 29 years compared with the USA
In only a few countries are negative inflation rates achieved. This means that the general price level is declining and consumer prices get cheaper. This is called deflation. 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 1991:
Inflation calculator for Slovakia
Enter any amount, an initial year and an end year here. You will then be provided with the original amount after inflation. Example: 1000 Euro in 1992 corresponds to 4,643.28 Euro at the beginning of 2022 due to inflation.Inflation rates for consumer goods in Slovakia
Energy and food
Historical inflation rates in comparison
| Year | Slovakia | Ø EU | Ø USA | Ø World |
|---|---|---|---|---|
| 2021 | 3.15 % | 2.55 % | 4.70 % | 3.42 % |
| 2020 | 1.94 % | 0.50 % | 1.23 % | 1.92 % |
| 2019 | 2.66 % | 1.63 % | 1.81 % | 2.19 % |
| 2018 | 2.51 % | 1.74 % | 2.44 % | 2.44 % |
| 2017 | 1.31 % | 1.43 % | 2.13 % | 2.19 % |
| 2016 | -0.52 % | 0.18 % | 1.26 % | 1.55 % |
| 2015 | -0.33 % | -0.06 % | 0.12 % | 1.43 % |
| 2014 | -0.08 % | 0.20 % | 1.62 % | 2.35 % |
| 2013 | 1.40 % | 1.22 % | 1.46 % | 2.62 % |
| 2012 | 3.61 % | 2.66 % | 2.07 % | 3.73 % |
| 2011 | 3.92 % | 3.29 % | 3.16 % | 4.82 % |
| 2010 | 0.96 % | 1.53 % | 1.64 % | 3.35 % |
| 2009 | 1.62 % | 0.84 % | -0.36 % | 2.94 % |
| 2008 | 4.60 % | 4.16 % | 3.84 % | 8.95 % |
| 2007 | 2.76 % | 2.51 % | 2.85 % | 4.82 % |
| 2006 | 4.48 % | 2.67 % | 3.23 % | 4.28 % |
| 2005 | 2.71 % | 2.49 % | 3.39 % | 4.11 % |
| 2004 | 7.55 % | 2.29 % | 2.68 % | 3.38 % |
| 2003 | 8.55 % | 2.09 % | 2.27 % | 3.03 % |
| 2002 | 3.13 % | 2.42 % | 1.59 % | 2.83 % |
| 2001 | 7.33 % | 3.37 % | 2.83 % | 3.84 % |
| 2000 | 12.04 % | 3.15 % | 3.38 % | 3.49 % |
| 1999 | 10.57 % | 2.16 % | 2.19 % | 3.08 % |
| 1998 | 6.67 % | 2.42 % | 1.55 % | 5.11 % |
| 1997 | 6.14 % | 3.11 % | 2.34 % | 5.57 % |
| 1996 | 5.78 % | 3.56 % | 2.93 % | 6.55 % |
| 1995 | 9.84 % | 4.43 % | 2.81 % | 9.15 % |
| 1994 | 13.42 % | 4.72 % | 2.61 % | 10.32 % |
| 1993 | 23.29 % | 4.85 % | 2.95 % | 7.51 % |
| 1992 | 9.89 % | 6.22 % | 3.03 % | 7.71 % |
Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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