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Development of inflation rates in Switzerland

The inflation rate for consumer prices in Switzerland moved over the past 61 years between -1.1% and 9.8%. For 2021, an inflation rate of 0.6% was calculated.

During the observation period from 1960 to 2021, the average inflation rate was 2.4% per year. Overall, the price increase was 319.40 %. An item that cost 100 Franc in 1960 was so charged 419.40 Franc in the beginning of 2022.

For April 2022, the year-on-year inflation rate was 2.5%.
This includes in particular energy (+6.4%) and food (-0.3%).


Inflation rates in global comparison


Back to overview: Switzerland

Performance over the last 61 years compared to the US

Overall, the development of inflation was very moderate, while in the same period there were far greater fluctuations in the euro currency area. In the years 2009 to 2016, negative inflation rates were even reached several times, which caused the general price level to decline and consumer prices to become more favorable. In this case, one also speaks of deflation, which rarely occurs in other countries.

Performance based on 100% in 1959:Performance in Switzerland

      Switzerland       USA


Strategy of the Swiss National Bank

Inflation in Switzerland has been largely constant for more than 25 years and remains within a narrow range. Conspicuously high inflation rates were only seen in the early 1980s at up to 6.5% and in the early 1990s at just under 6%. Even during the oil crisis around 1973, inflation in the Alpine country reached only about 9%, while in other countries it reached much higher levels.

The main reason for this is the monetary policy of the Swiss National Bank (SNB). It does not aim at the average inflation often aimed at elsewhere, where future values are to be adjusted to those of past years. Instead, it takes a far more relaxed view of the development of inflation rates and does not even aim for a fixed value, but is content to keep within a range of 0 to 2%. This means that it is rarely necessary to change the political and economic concepts that have already been tackled. For example, the SNB does not adjust its monetary policy in the event of a sudden rise in oil prices.

The Swiss franc, as a separate and independent currency, is a key instrument in this respect. Switzerland, with its relatively small and open economy, basically presupposes flexible exchange rates that are geared to internal price stability, but not to stable exchange rates with other countries. Thus Switzerland not only maintains a stable and even inflation, but also a long-term economic security.

Inflation calculator for Switzerland

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 Franc in 1960 corresponds to an amount of 4,194.03 Franc at the beginning of 2022 due to inflation.

Original amount in Franc:


Start year:


End year:


Development of inflation rates for consumer goods in Switzerland

Inflation rates for consumer goods in Switzerland

Energy and food

Food and energy inflation in Switzerland

      Energy       Food

Historical inflation rates in comparison

YearSwitzerlandØ USAØ World
20210.58 %4.70 %3.42 %
2020-0.73 %1.23 %1.89 %
20190.36 %1.81 %2.21 %
20180.94 %2.44 %2.44 %
20170.53 %2.13 %2.19 %
2016-0.43 %1.26 %1.55 %
2015-1.14 %0.12 %1.43 %
2014-0.01 %1.62 %2.35 %
2013-0.22 %1.46 %2.62 %
2012-0.69 %2.07 %3.73 %
20110.23 %3.16 %4.82 %
20100.69 %1.64 %3.35 %
2009-0.48 %-0.36 %2.94 %
20082.43 %3.84 %8.95 %
20070.73 %2.85 %4.82 %
20061.06 %3.23 %4.28 %
20051.17 %3.39 %4.11 %
20040.80 %2.68 %3.38 %
20030.64 %2.27 %3.03 %
20020.64 %1.59 %2.83 %
20010.99 %2.83 %3.84 %
20001.56 %3.38 %3.49 %
19990.81 %2.19 %3.08 %
19980.02 %1.55 %5.11 %
19970.52 %2.34 %5.57 %
19960.81 %2.93 %6.55 %
19951.80 %2.81 %9.15 %
19940.85 %2.61 %10.32 %
19933.29 %2.95 %7.51 %
19924.04 %3.03 %7.71 %
19915.86 %4.23 %9.00 %
19905.40 %5.40 %8.13 %
19893.16 %4.83 %7.00 %
19881.87 %4.08 %7.15 %
19871.44 %3.66 %5.76 %
19860.75 %1.90 %5.82 %
19853.44 %3.55 %6.86 %
19842.93 %4.30 %8.12 %
19832.95 %3.21 %8.77 %
19825.66 %6.13 %10.24 %
19816.49 %10.33 %12.47 %
19804.02 %13.55 %13.98 %
19793.65 %11.25 %n/a
19781.03 %7.63 %n/a
19771.30 %6.50 %n/a
19761.72 %5.74 %n/a
19756.70 %9.14 %n/a
19749.77 %11.05 %n/a
19738.75 %6.18 %n/a
19726.66 %3.27 %n/a
19716.57 %4.29 %n/a
19703.62 %5.84 %n/a
19692.49 %5.46 %n/a
19682.40 %4.27 %n/a
19674.01 %2.77 %n/a
19664.78 %3.02 %n/a
19653.41 %1.59 %n/a
19643.08 %1.28 %n/a
19633.44 %1.24 %n/a
19624.32 %1.20 %n/a
19611.85 %1.07 %n/a
19601.44 %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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