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Inflation rates in Ukraine

The inflation rate for consumer prices in Ukraine moved over the past 29 years between -0.2% and 4,734.9%. For 2022, an inflation rate of 20.2% was calculated.

During the observation period from 1993 to 2022, the average inflation rate was 221.4% per year. Overall, the price increase was 9.07 million percent. An item that cost 100 hrywnjas in 1993 costs 9.07 million hrywnjas at the beginning of 2023.


Inflation rates in global comparison


Back to overview: Ukraine

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 1992:Performance in Ukraine

      Ukraine       USA


Inflation calculator for Ukraine

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 hrywnjas in 1993 corresponds to 90,673,969.28 hrywnjas at the beginning of 2023 due to inflation.

Original amount in hrywnjas:


Start year:


End year:






Inflation rates for consumer goods in Ukraine

Inflation rates for consumer goods in Ukraine

      Ukraine       USA

Historical inflation rates in comparison

YearUkraineØ EUØ USAØ World
202220.18 %9.22 %8.00 %8.31 %
20219.36 %2.55 %4.70 %3.48 %
20202.73 %0.48 %1.23 %1.92 %
20197.89 %1.63 %1.81 %2.19 %
201810.95 %1.74 %2.44 %2.44 %
201714.44 %1.43 %2.13 %2.19 %
201613.91 %0.18 %1.26 %1.55 %
201548.70 %-0.06 %0.12 %1.43 %
201412.07 %0.20 %1.62 %2.35 %
2013-0.24 %1.22 %1.46 %2.62 %
20120.57 %2.66 %2.07 %3.73 %
20117.96 %3.29 %3.16 %4.82 %
20109.37 %1.53 %1.64 %3.35 %
200915.88 %0.84 %-0.36 %2.94 %
200825.23 %4.16 %3.84 %8.95 %
200712.84 %2.51 %2.85 %4.82 %
20069.05 %2.67 %3.23 %4.28 %
200513.57 %2.49 %3.39 %4.11 %
20049.05 %2.29 %2.68 %3.38 %
20035.18 %2.09 %2.27 %3.03 %
20020.76 %2.42 %1.59 %2.83 %
200111.96 %3.37 %2.83 %3.84 %
200028.20 %3.15 %3.38 %3.49 %
199922.68 %2.16 %2.19 %3.08 %
199810.58 %2.42 %1.55 %5.11 %
199715.94 %3.11 %2.34 %5.57 %
199680.33 %3.56 %2.93 %6.55 %
1995376.75 %4.43 %2.81 %9.15 %
1994891.19 %4.72 %2.61 %10.32 %
19934,734.91 %4.85 %2.95 %7.51 %

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