Slovak Republic Inflation Rate 1992-2024

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.
  • Slovak Republic inflation rate for 2022 was 12.77%, a 9.62% increase from 2021.
  • Slovak Republic inflation rate for 2021 was 3.15%, a 1.21% increase from 2020.
  • Slovak Republic inflation rate for 2020 was 1.94%, a 0.73% decline from 2019.
  • Slovak Republic inflation rate for 2019 was 2.66%, a 0.15% 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%
Slovak Republic Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 12.77% 9.62%
2021 3.15% 1.21%
2020 1.94% -0.73%
2019 2.66% 0.15%
2018 2.51% 1.20%
2017 1.31% 1.83%
2016 -0.52% -0.19%
2015 -0.33% -0.25%
2014 -0.08% -1.48%
2013 1.40% -2.21%
2012 3.61% -0.31%
2011 3.92% 2.96%
2010 0.96% -0.66%
2009 1.62% -2.98%
2008 4.60% 1.84%
2007 2.76% -1.73%
2006 4.48% 1.77%
2005 2.71% -4.84%
2004 7.55% -1.01%
2003 8.55% 5.43%
2002 3.13% -4.20%
2001 7.33% -4.71%
2000 12.04% 1.47%
1999 10.57% 3.90%
1998 6.67% 0.52%
1997 6.14% 0.37%
1996 5.78% -4.07%
1995 9.84% -3.57%
1994 13.42% -9.87%
1993 23.29% 13.39%
1992 9.89% 13.39%