Greece - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Greece was 1.22 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 26.56 in 1974 and a minimum value of -1.74 in 2015.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 1.48
1961 2.10
1962 -0.48
1963 3.18
1964 0.62
1965 3.22
1966 4.90
1967 1.84
1968 0.14
1969 2.64
1970 2.84
1971 3.29
1972 4.33
1973 15.38
1974 26.56
1975 13.63
1976 13.02
1977 12.37
1978 12.57
1979 19.09
1980 24.68
1981 24.51
1982 20.99
1983 20.18
1984 18.46
1985 19.31
1986 23.02
1987 16.40
1988 13.53
1989 13.66
1990 20.43
1991 19.46
1992 15.88
1993 14.41
1994 10.87
1995 8.93
1996 8.19
1997 5.54
1998 4.77
1999 2.64
2000 3.15
2001 3.37
2002 3.63
2003 3.53
2004 2.90
2005 3.55
2006 3.20
2007 2.90
2008 4.15
2009 1.21
2010 4.71
2011 3.33
2012 1.50
2013 -0.92
2014 -1.31
2015 -1.74
2016 -0.83
2017 1.12
2018 0.63
2019 0.25
2020 -1.25
2021 1.22

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Greece was -0.84 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 27.21 in 1982 and a minimum value of -2.05 in 2013.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 1.10
1962 4.69
1963 1.11
1964 3.41
1965 4.08
1966 4.92
1967 2.17
1968 1.48
1969 3.18
1970 4.15
1971 2.98
1972 5.05
1973 20.91
1974 22.78
1975 13.12
1976 16.43
1977 13.75
1978 13.79
1979 20.15
1980 19.24
1981 21.61
1982 27.21
1983 20.61
1984 21.92
1985 19.03
1986 18.88
1987 15.25
1988 16.68
1989 14.50
1990 20.69
1991 19.79
1992 14.80
1993 14.43
1994 11.18
1995 9.79
1996 7.64
1997 6.55
1998 5.10
1999 3.62
2000 1.59
2001 3.47
2002 3.35
2003 3.45
2004 3.06
2005 2.24
2006 3.50
2007 3.42
2008 4.34
2009 2.57
2010 -0.18
2011 0.96
2012 -0.28
2013 -2.05
2014 -1.94
2015 -0.29
2016 -0.58
2017 0.29
2018 -0.17
2019 0.25
2020 -0.84

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Greece was -0.84 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 20.69 in 1990 and -2.05 in 2013.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 20.69
1991 19.79
1992 14.80
1993 14.43
1994 11.18
1995 9.79
1996 7.64
1997 6.55
1998 5.10
1999 3.62
2000 1.59
2001 3.47
2002 3.35
2003 3.45
2004 3.06
2005 2.24
2006 3.50
2007 3.42
2008 4.34
2009 2.57
2010 -0.18
2011 0.96
2012 -0.28
2013 -2.05
2014 -1.94
2015 -0.29
2016 -0.58
2017 0.29
2018 -0.17
2019 0.25
2020 -0.84

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices