Ireland 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.
  • Ireland inflation rate for 2022 was 7.81%, a 5.45% increase from 2021.
  • Ireland inflation rate for 2021 was 2.36%, a 2.69% increase from 2020.
  • Ireland inflation rate for 2020 was -0.33%, a 1.27% decline from 2019.
  • Ireland inflation rate for 2019 was 0.94%, a 0.45% increase 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%
Ireland Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 7.81% 5.45%
2021 2.36% 2.69%
2020 -0.33% -1.27%
2019 0.94% 0.45%
2018 0.49% 0.15%
2017 0.34% 0.33%
2016 0.01% 0.30%
2015 -0.29% -0.47%
2014 0.18% -0.33%
2013 0.51% -1.19%
2012 1.70% -0.86%
2011 2.56% 3.48%
2010 -0.92% 3.56%
2009 -4.48% -8.54%
2008 4.06% -0.84%
2007 4.90% 0.97%
2006 3.93% 1.50%
2005 2.43% 0.23%
2004 2.20% -1.29%
2003 3.49% -1.12%
2002 4.61% -0.26%
2001 4.87% -0.72%
2000 5.59% 3.96%
1999 1.63% -0.78%
1998 2.42% 0.89%
1997 1.53% -0.23%
1996 1.75% -0.77%
1995 2.52% 0.22%
1994 2.31% 0.84%
1993 1.47% -1.60%
1992 3.07% -0.14%
1991 3.21% -0.11%
1990 3.32% -0.77%
1989 4.09% 1.95%
1988 2.13% -1.02%
1987 3.16% -0.67%
1986 3.83% -1.57%
1985 5.40% -3.26%
1984 8.65% -1.80%
1983 10.45% -6.70%
1982 17.15% -3.23%
1981 20.37% 2.22%
1980 18.15% 4.86%
1979 13.30% 5.58%
1978 7.71% -5.76%
1977 13.47% -4.51%
1976 17.99% -2.89%
1975 20.88% 3.90%
1974 16.98% 5.56%
1973 11.41% 2.81%
1972 8.61% -0.36%
1971 8.96% 0.75%
1970 8.21% 0.79%
1969 7.42% 2.74%
1968 4.68% 1.50%
1967 3.18% 0.13%
1966 3.05% -1.93%
1965 4.99% -1.73%
1964 6.72% 4.26%
1963 2.45% -1.81%
1962 4.26% 1.51%
1961 2.76% 2.31%
1960 0.45% 2.31%