Romania Inflation Rate 1991-2024

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.
  • Romania inflation rate for 2023 was 10.40%, a 3.4% decline from 2022.
  • Romania inflation rate for 2022 was 13.80%, a 8.74% increase from 2021.
  • Romania inflation rate for 2021 was 5.05%, a 2.42% increase from 2020.
  • Romania inflation rate for 2020 was 2.63%, a 1.2% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 221.34%
Turkey 53.86%
Iran 44.58%
Kazakhstan 14.73%
Serbia 12.37%
Colombia 11.74%
Romania 10.40%
Bulgaria 9.44%
North Macedonia 9.36%
Algeria 9.32%
Azerbaijan 8.79%
Montenegro 8.58%
Samoa 8.12%
Mauritius 7.05%
Jamaica 6.47%
Peru 6.46%
Tonga 6.35%
Guatemala 6.21%
South Africa 6.07%
Namibia 5.88%
Mexico 5.53%
Botswana 5.07%
Belarus 5.00%
Dominican Republic 4.79%
Paraguay 4.63%
Brazil 4.59%
St. Vincent and the Grenadines 4.56%
Belize 4.39%
St. Lucia 4.07%
Gabon 3.63%
Dominica 3.48%
Maldives 2.93%
Guyana 2.82%
Grenada 2.70%
Malaysia 2.49%
Libya 2.37%
Ecuador 2.22%
Jordan 2.08%
Armenia 1.98%
Thailand 1.23%
Costa Rica 0.53%
China 0.23%
Romania Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 10.40% -3.40%
2022 13.80% 8.74%
2021 5.05% 2.42%
2020 2.63% -1.20%
2019 3.83% -0.80%
2018 4.63% 3.29%
2017 1.34% 2.88%
2016 -1.54% -0.95%
2015 -0.59% -1.66%
2014 1.07% -2.92%
2013 3.98% 0.65%
2012 3.33% -2.45%
2011 5.79% -0.30%
2010 6.09% 0.50%
2009 5.59% -2.26%
2008 7.85% 3.01%
2007 4.84% -1.72%
2006 6.56% -2.46%
2005 9.01% -2.86%
2004 11.87% -3.40%
2003 15.27% -7.27%
2002 22.54% -11.94%
2001 34.48% -11.19%
2000 45.67% -0.14%
1999 45.80% -13.29%
1998 59.10% -95.67%
1997 154.76% 115.93%
1996 38.83% 6.59%
1995 32.24% -104.52%
1994 136.76% -118.41%
1993 255.17% 43.96%
1992 211.21% -19.42%
1991 230.62% -19.42%