Inflation Rate (CPI): Germany
Current Value (2024)
2.3%
All-Time Peak (1973)
7.0%
All-Time Low (1986)
-0.1%
Inflation Rate (CPI) — Germany
Analysis# Germany's Inflation Rate Analysis (1960–2024)
Germany's current inflation rate of 2.26% (2024) represents a substantial decline from the 7.03% peak in 1973, driven by the OPEC oil embargo and stagflation that gripped Western economies. The deflationary episode in 1986 (-0.13%) reflects the oil price collapse of the mid-1980s, demonstrating Germany's vulnerability to commodity shocks despite its export-oriented economy. Over the 64-year period, Germany has maintained relative price stability compared to other developed nations, benefiting from the Bundesbank's anti-inflation credibility (pre-2000) and the
Historical Data
| Year | Value | Change % |
|---|---|---|
| 2024 | 2.3% | -62.05% |
| 2023 | 5.9% | -13.48% |
| 2022 | 6.9% | +124.11% |
| 2021 | 3.1% | +2016.72% |
| 2020 | 0.1% | -89.98% |
| 2019 | 1.4% | -16.54% |
| 2018 | 1.7% | +14.75% |
| 2017 | 1.5% | +206.97% |
| 2016 | 0.5% | -4.41% |
| 2015 | 0.5% | -43.27% |
| 2014 | 0.9% | -39.74% |
| 2013 | 1.5% | -25.08% |
| 2012 | 2.0% | -3.21% |
| 2011 | 2.1% | +88.00% |
| 2010 | 1.1% | +252.95% |
| 2009 | 0.3% | -88.10% |
| 2008 | 2.6% | +14.36% |
| 2007 | 2.3% | +45.70% |
| 2006 | 1.6% | +1.97% |
| 2005 | 1.5% | -7.13% |
Show all 65 rows
| Year | Value | Change % |
|---|---|---|
| 2004 | 1.7% | +61.06% |
| 2003 | 1.0% | -27.21% |
| 2002 | 1.4% | -28.38% |
| 2001 | 2.0% | +37.74% |
| 2000 | 1.4% | +146.02% |
| 1999 | 0.6% | -35.75% |
| 1998 | 0.9% | -53.02% |
| 1997 | 1.9% | +33.77% |
| 1996 | 1.4% | -15.03% |
| 1995 | 1.7% | -36.65% |
| 1994 | 2.7% | -39.81% |
| 1993 | 4.5% | -11.52% |
| 1992 | 5.1% | +24.96% |
| 1991 | 4.0% | +50.09% |
| 1990 | 2.7% | -3.02% |
| 1989 | 2.8% | +118.23% |
| 1988 | 1.3% | +409.84% |
| 1987 | 0.2% | +293.11% |
| 1986 | -0.1% | -106.26% |
| 1985 | 2.1% | -14.11% |
| 1984 | 2.4% | -26.95% |
| 1983 | 3.3% | -37.16% |
| 1982 | 5.2% | -17.39% |
| 1981 | 6.3% | +16.60% |
| 1980 | 5.4% | +34.56% |
| 1979 | 4.0% | +48.73% |
| 1978 | 2.7% | -27.19% |
| 1977 | 3.7% | -12.07% |
| 1976 | 4.2% | -28.15% |
| 1975 | 5.9% | -15.40% |
| 1974 | 7.0% | -0.65% |
| 1973 | 7.0% | +28.21% |
| 1972 | 5.5% | +4.65% |
| 1971 | 5.2% | +51.90% |
| 1970 | 3.5% | +80.39% |
| 1969 | 1.9% | +30.09% |
| 1968 | 1.5% | -18.14% |
| 1967 | 1.8% | -49.16% |
| 1966 | 3.5% | +8.97% |
| 1965 | 3.2% | +38.81% |
| 1964 | 2.3% | -21.28% |
| 1963 | 3.0% | +4.35% |
| 1962 | 2.8% | +23.96% |
| 1961 | 2.3% | +49.27% |
| 1960 | 1.5% | — |