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 2023 was 6.30%, a 1.53% decline from 2022.
- Ireland inflation rate for 2022 was 7.83%, a 5.49% increase from 2021.
- Ireland inflation rate for 2021 was 2.34%, a 2.67% increase from 2020.
- Ireland inflation rate for 2020 was -0.33%, a 1.26% decline from 2019.
| Ireland Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
6.30% |
-1.53% |
| 2022 |
7.83% |
5.49% |
| 2021 |
2.34% |
2.67% |
| 2020 |
-0.33% |
-1.26% |
| 2019 |
0.94% |
0.47% |
| 2018 |
0.47% |
0.11% |
| 2017 |
0.36% |
0.34% |
| 2016 |
0.02% |
0.35% |
| 2015 |
-0.33% |
-0.52% |
| 2014 |
0.19% |
-0.32% |
| 2013 |
0.52% |
-1.18% |
| 2012 |
1.69% |
-0.85% |
| 2011 |
2.55% |
3.47% |
| 2010 |
-0.92% |
3.53% |
| 2009 |
-4.45% |
-8.48% |
| 2008 |
4.04% |
-0.85% |
| 2007 |
4.89% |
0.95% |
| 2006 |
3.94% |
1.48% |
| 2005 |
2.46% |
0.28% |
| 2004 |
2.18% |
-1.31% |
| 2003 |
3.49% |
-1.14% |
| 2002 |
4.63% |
-0.22% |
| 2001 |
4.85% |
-0.72% |
| 2000 |
5.58% |
3.95% |
| 1999 |
1.63% |
-0.78% |
| 1998 |
2.41% |
0.87% |
| 1997 |
1.54% |
-0.21% |
| 1996 |
1.76% |
-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% |
