Luxembourg 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.
  • Luxembourg inflation rate for 2022 was 6.34%, a 3.81% increase from 2021.
  • Luxembourg inflation rate for 2021 was 2.53%, a 1.71% increase from 2020.
  • Luxembourg inflation rate for 2020 was 0.82%, a 0.92% decline from 2019.
  • Luxembourg inflation rate for 2019 was 1.74%, a 0.22% 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%
Luxembourg Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 6.34% 3.81%
2021 2.53% 1.71%
2020 0.82% -0.92%
2019 1.74% 0.22%
2018 1.53% -0.20%
2017 1.73% 1.44%
2016 0.29% -0.18%
2015 0.47% -0.15%
2014 0.63% -1.11%
2013 1.73% -0.93%
2012 2.66% -0.75%
2011 3.41% 1.14%
2010 2.27% 1.91%
2009 0.37% -3.03%
2008 3.40% 1.09%
2007 2.31% -0.35%
2006 2.67% 0.18%
2005 2.49% 0.26%
2004 2.23% 0.18%
2003 2.05% -0.02%
2002 2.07% -0.59%
2001 2.66% -0.49%
2000 3.15% 2.13%
1999 1.03% 0.07%
1998 0.96% -0.41%
1997 1.37% 0.18%
1996 1.18% -0.68%
1995 1.87% -0.33%
1994 2.19% -1.39%
1993 3.59% 0.43%
1992 3.15% 0.04%
1991 3.12% -0.14%
1990 3.25% -0.12%
1989 3.37% 1.93%
1988 1.44% 1.49%
1987 -0.06% -0.35%
1986 0.29% -3.80%
1985 4.09% -2.34%
1984 6.44% -2.23%
1983 8.67% -0.69%
1982 9.36% 1.28%
1981 8.07% 1.77%
1980 6.30% 1.75%
1979 4.55% 1.45%
1978 3.09% -3.61%
1977 6.71% -3.09%
1976 9.80% -0.92%
1975 10.72% 1.18%
1974 9.54% 3.47%
1973 6.07% 0.84%
1972 5.23% 0.55%
1971 4.67% 0.03%
1970 4.64% 2.35%
1969 2.29% -0.33%
1968 2.63% 0.46%
1967 2.17% -1.17%
1966 3.33% 0.00%
1965 3.33% 0.24%
1964 3.10% 0.22%
1963 2.88% 1.98%
1962 0.90% 0.41%
1961 0.48% 0.03%
1960 0.45% 0.03%