Inflation Rate in Europe 2026
This page compares the latest inflation rates across European countries. Explore the interactive map, complete rankings, comparison chart, and discover which countries report the highest and lowest inflation rates in Europe.
See Also:
- Inflation Rate by Country
- Inflation Rate by Continent
- Inflation Rate in Asia
- Inflation Rate in Africa
- Inflation Rate in North America
- Inflation Rate in South America
- Inflation Rate in Oceania
Inflation Rate in European Countries
| # | Country | Inflation Rate | Global Rank | Continent |
|---|---|---|---|---|
| 1 | 🇷🇴Romania |
10.9% | 22 | Europe |
| 2 | 🇺🇦Ukraine |
7.2% | 37 | Europe |
| 3 | 🇲🇩Moldova |
6.8% | 39 | Europe |
| 4 | 🇽🇰Kosovo |
6.8% | 40 | Europe |
| 5 | 🇱🇹Lithuania |
5.7% | 50 | Europe |
| 6 | 🇧🇬Bulgaria |
5.6% | 51 | Europe |
| 7 | 🇧🇦Bosnia and Herzegovina |
5.6% | 52 | Europe |
| 8 | 🇷🇺Russia |
5.3% | 59 | Europe |
| 9 | 🇮🇸Iceland |
5.2% | 63 | Europe |
| 10 | 🇧🇾Belarus |
4.8% | 67 | Europe |
| 11 | 🇭🇷Croatia |
4.5% | 73 | Europe |
| 12 | 🇬🇷Greece |
4.4% | 75 | Europe |
| 13 | 🇸🇰Slovakia |
3.8% | 88 | Europe |
| 14 | 🇸🇮Slovenia |
3.6% | 93 | Europe |
| 15 | 🇲🇪Montenegro |
3.6% | 94 | Europe |
| 16 | 🇷🇸Serbia |
3.5% | 95 | Europe |
| 17 | 🇲🇰North Macedonia |
3.4% | 97 | Europe |
| 18 | 🇱🇻Latvia |
3.4% | 98 | Europe |
| 19 | 🇮🇪Ireland |
3.4% | 99 | Europe |
| 20 | 🇧🇪Belgium |
3.4% | 101 | Europe |
| 21 | 🇪🇸Spain |
3.2% | 105 | Europe |
| 22 | 🇵🇹Portugal |
3.2% | 107 | Europe |
| 23 | 🇦🇹Austria |
3.2% | 109 | Europe |
| 24 | 🇦🇱Albania |
3.2% | 110 | Europe |
| 25 | 🇳🇴Norway |
3.1% | 111 | Europe |
| 26 | 🇮🇹Italy |
3% | 115 | Europe |
| 27 | 🇳🇱Netherlands |
2.9% | 119 | Europe |
| 28 | 🇬🇧United Kingdom |
2.8% | 122 | Europe |
| 29 | 🇵🇱Poland |
2.5% | 130 | Europe |
| 30 | 🇫🇴Faroe Islands |
2.4% | 133 | Europe |
| 31 | 🇩🇪Germany |
2.3% | 134 | Europe |
| 32 | 🇪🇪Estonia |
2.3% | 135 | Europe |
| 33 | 🇱🇺Luxembourg |
2.2% | 139 | Europe |
| 34 | 🇲🇹Malta |
2.1% | 142 | Europe |
| 35 | 🇫🇮Finland |
2.1% | 144 | Europe |
| 36 | 🇩🇰Denmark |
1.9% | 152 | Europe |
| 37 | 🇫🇷France |
1.8% | 155 | Europe |
| 38 | 🇭🇺Hungary |
1.7% | 156 | Europe |
| 39 | 🇨🇿Czech Republic |
1.5% | 158 | Europe |
| 40 | 🇸🇪Sweden |
0.7% | 170 | Europe |
| 41 | 🇨🇭Switzerland |
0.5% | 172 | Europe |
| 42 | 🇱🇮Liechtenstein |
0.5% | 173 | Europe |
Key Findings
Key trends, regional comparisons, and notable insights from the latest inflation rate rankings across Europe.
Romania Records the Highest Inflation Rate in Europe
- Romania ranks first in Europe with an inflation rate of 10.9%.
- It is the only European country with inflation exceeding 10%.
Ukraine, Moldova, and Kosovo Follow Behind
- Ukraine records 7.2%, while Moldova and Kosovo each report 6.8%.
- These countries complete the top four highest inflation rates in Europe.
Eastern Europe Dominates the Highest Inflation Rankings
- Countries including Romania, Ukraine, Moldova, Bulgaria, Belarus, and Russia appear among Europe's highest-inflation economies.
- Most Western European countries report considerably lower inflation.
Europe's Largest Economies Maintain Moderate Inflation
- Germany records 2.3%, France 1.8%, Italy 3%, Spain 3.2%, and the United Kingdom 2.8%.
- These figures remain below the European regional average of 3.57%.
Nordic Countries Continue to Report Relatively Low Inflation
- Sweden records 0.7%, Denmark 1.9%, Finland 2.1%, and Norway 3.1%.
- Switzerland also reports one of Europe's lowest inflation rates at 0.5%.
Most European Countries Record Inflation Between 2% and 4%
- A large share of European economies fall within the 2–4% inflation range.
- This indicates relatively moderate price growth across much of the continent.
Liechtenstein and Switzerland Have the Lowest Inflation Rates
- Switzerland and Liechtenstein each report an inflation rate of 0.5%.
- Sweden follows closely with a reported inflation rate of 0.7%.
Inflation Rate in Europe Comparison
The comparison chart highlights inflation rate differences across European countries, making it easy to compare high-inflation and low-inflation economies. It provides a clear visual overview of how consumer price growth varies throughout the region.
Inflation Rate in Europe
Definitions & Methodology
What is the inflation rate in Europe?
The inflation rate in Europe compares the annual change in consumer prices across European countries. It provides an overview of how quickly the cost of goods and services is increasing throughout the region.
How are European countries ranked?
Countries are ordered from the highest to the lowest reported inflation rate. Higher percentages indicate faster price growth, while lower percentages reflect slower inflation.
Why do inflation rates vary across Europe?
Inflation differs between countries because of variations in monetary policy, energy prices, exchange rates, consumer demand, government spending, and overall economic conditions.
Why are inflation rates relatively low in many Western European countries?
Many Western European economies have experienced relatively stable price growth due to tighter monetary policy, lower energy inflation, and more stable economic conditions during the reporting period.
How should these rankings be interpreted?
These rankings provide a snapshot of reported inflation at a specific time. They should be considered together with each country's statistical methods, economic environment, and reporting period.
Inflation Rate in Europe FAQs
Which country has the highest inflation rate in Europe?
Romania has the highest reported inflation rate in Europe at 10.9%, making it the region's highest-inflation economy in this dataset.
Which countries have the highest inflation rates in Europe?
The countries with the highest reported inflation rates are Romania, Ukraine, Moldova, Kosovo, and Lithuania.
What is the average inflation rate in Europe?
The average inflation rate across Europe in this dataset is 3.57%.
Which country has the lowest inflation rate in Europe?
Switzerland and Liechtenstein jointly record the lowest reported inflation rate in Europe at 0.5%.
Why do inflation rates vary across European countries?
Inflation differs because of variations in energy prices, monetary policy, exchange rates, consumer demand, fiscal policy, and overall economic conditions, causing inflation to rise faster in some countries than others.
How often are Europe's inflation rankings updated?
The rankings are updated whenever new official inflation data becomes available from the underlying statistical sources used to compile the dataset.