Denmark 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.
  • Denmark inflation rate for 2022 was 7.70%, a 5.84% increase from 2021.
  • Denmark inflation rate for 2021 was 1.85%, a 1.43% increase from 2020.
  • Denmark inflation rate for 2020 was 0.42%, a 0.34% decline from 2019.
  • Denmark inflation rate for 2019 was 0.76%, a 0.06% 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%
Denmark Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 7.70% 5.84%
2021 1.85% 1.43%
2020 0.42% -0.34%
2019 0.76% -0.06%
2018 0.81% -0.33%
2017 1.15% 0.90%
2016 0.25% -0.20%
2015 0.45% -0.11%
2014 0.56% -0.23%
2013 0.79% -1.61%
2012 2.40% -0.36%
2011 2.76% 0.45%
2010 2.31% 1.01%
2009 1.30% -2.11%
2008 3.42% 1.72%
2007 1.69% -0.23%
2006 1.92% 0.11%
2005 1.82% 0.66%
2004 1.15% -0.92%
2003 2.08% -0.35%
2002 2.42% 0.09%
2001 2.34% -0.57%
2000 2.90% 0.41%
1999 2.50% 0.65%
1998 1.85% -0.34%
1997 2.18% 0.06%
1996 2.13% 0.04%
1995 2.08% 0.09%
1994 1.99% 0.73%
1993 1.26% -0.84%
1992 2.10% -0.30%
1991 2.40% -0.25%
1990 2.64% -2.13%
1989 4.77% 0.24%
1988 4.54% 0.52%
1987 4.02% 0.34%
1986 3.68% -1.00%
1985 4.68% -1.61%
1984 6.29% -0.62%
1983 6.91% -3.21%
1982 10.12% -1.65%
1981 11.77% -0.54%
1980 12.31% 2.69%
1979 9.61% -0.60%
1978 10.21% -0.71%
1977 10.92% 1.91%
1976 9.01% -0.60%
1975 9.61% -5.67%
1974 15.28% 5.97%
1973 9.30% 2.74%
1972 6.56% 0.69%
1971 5.87% -0.64%
1970 6.51% 3.03%
1969 3.49% -4.52%
1968 8.01% -0.20%
1967 8.21% 1.14%
1966 7.07% 1.62%
1965 5.45% 2.36%
1964 3.09% -3.01%
1963 6.11% -1.27%
1962 7.38% 3.93%
1961 3.45% 2.20%
1960 1.26% 2.20%