Belgium Inflation Rate 1960-2024

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.
  • Belgium inflation rate for 2022 was 9.60%, a 7.16% increase from 2021.
  • Belgium inflation rate for 2021 was 2.44%, a 1.7% increase from 2020.
  • Belgium inflation rate for 2020 was 0.74%, a 0.7% decline from 2019.
  • Belgium inflation rate for 2019 was 1.44%, a 0.62% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lithuania 19.71%
Estonia 19.40%
Latvia 17.31%
Czech Republic 15.10%
Hungary 14.61%
Poland 14.43%
Slovak Republic 12.77%
Palau 12.35%
Chile 11.64%
Croatia 10.78%
Netherlands 10.00%
Greece 9.65%
Belgium 9.60%
Uruguay 9.10%
Slovenia 8.83%
Austria 8.55%
Cyprus 8.40%
Spain 8.39%
Sweden 8.37%
Iceland 8.31%
Italy 8.20%
United States 8.00%
United Kingdom 7.92%
Portugal 7.83%
Ireland 7.81%
Denmark 7.70%
Antigua and Barbuda 7.53%
New Zealand 7.17%
Finland 7.12%
Germany 6.87%
Canada 6.80%
Australia 6.59%
Luxembourg 6.34%
Malta 6.15%
Singapore 6.12%
Norway 5.76%
Bahamas 5.61%
France 5.22%
South Korea 5.09%
Qatar 5.00%
UAE 4.83%
Israel 4.39%
Brunei 3.68%
Bahrain 3.63%
Panama 2.86%
Switzerland 2.84%
Oman 2.81%
St. Kitts and Nevis 2.67%
Japan 2.50%
Saudi Arabia 2.47%
Hong Kong 1.88%
Macao 1.05%
Belgium Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 9.60% 7.16%
2021 2.44% 1.70%
2020 0.74% -0.70%
2019 1.44% -0.62%
2018 2.05% -0.07%
2017 2.13% 0.15%
2016 1.97% 1.41%
2015 0.56% 0.22%
2014 0.34% -0.77%
2013 1.11% -1.73%
2012 2.84% -0.69%
2011 3.53% 1.34%
2010 2.19% 2.24%
2009 -0.05% -4.54%
2008 4.49% 2.67%
2007 1.82% 0.03%
2006 1.79% -0.99%
2005 2.78% 0.68%
2004 2.10% 0.51%
2003 1.59% -0.06%
2002 1.65% -0.82%
2001 2.47% -0.08%
2000 2.54% 1.42%
1999 1.12% 0.17%
1998 0.95% -0.68%
1997 1.63% -0.45%
1996 2.08% 0.61%
1995 1.47% -0.91%
1994 2.38% -0.38%
1993 2.75% 0.33%
1992 2.43% -0.79%
1991 3.22% -0.23%
1990 3.45% 0.34%
1989 3.11% 1.95%
1988 1.16% -0.39%
1987 1.55% 0.26%
1986 1.29% -3.57%
1985 4.87% -1.47%
1984 6.34% -1.32%
1983 7.66% -1.06%
1982 8.73% 1.10%
1981 7.63% 0.98%
1980 6.65% 2.18%
1979 4.47% 0.00%
1978 4.47% -2.63%
1977 7.10% -1.97%
1976 9.07% -3.70%
1975 12.77% 0.09%
1974 12.68% 5.72%
1973 6.96% 1.51%
1972 5.45% 1.10%
1971 4.34% 0.44%
1970 3.91% 0.15%
1969 3.75% 1.05%
1968 2.70% -0.03%
1967 2.73% -1.44%
1966 4.17% 0.11%
1965 4.07% -0.10%
1964 4.17% 2.02%
1963 2.15% 0.74%
1962 1.40% 0.41%
1961 0.99% 0.69%
1960 0.30% 0.69%