Annual Inflation Visualization (Denmark)

Source: World Bank (1961-2023)

4.34% Historical average
13.26% Maximum recorded
-3.79% Minimum recorded
63 Years of data

Historical Inflation Calculator for Denmark

Calculate how the value of money has changed between two specific years in Denmark.

Future Value Estimation

Estimate how the value of an amount of money will change in the future, given an average inflation rate.

Past Value Estimation

Estimate what the equivalent value of an amount of money would have been in the past, given an average inflation rate.

Historical inflation data for Denmark

Year Inflation (%) Change
2023 -3.79% -12.89pp
2022 9.10% +6.33pp
2021 2.77% -0.06pp
2020 2.83% +1.88pp
2019 0.95% +0.36pp
2018 0.59% -0.51pp
2017 1.10% +0.67pp
2016 0.43% +0.02pp
2015 0.41% -0.61pp
2014 1.02% +0.17pp
2013 0.85% -1.56pp
2012 2.41% +1.76pp
2011 0.65% -2.54pp
2010 3.19% +2.62pp
2009 0.57% -3.68pp
2008 4.25% +1.83pp
2007 2.42% +0.34pp
2006 2.09% -0.81pp
2005 2.90% +0.81pp
2004 2.08% +0.59pp
2003 1.49% -0.89pp
2002 2.39% -0.13pp
2001 2.52% -0.50pp
2000 3.01% +1.33pp
1999 1.69% +0.46pp
1998 1.23% -0.78pp
1997 2.01% -0.01pp
1996 2.02% +0.74pp
1995 1.28% -0.29pp
1994 1.57% +0.99pp
1993 0.58% -1.08pp
1992 1.66% -0.93pp
1991 2.58% +0.10pp
1990 2.48% -2.35pp
1989 4.83% +0.98pp
1988 3.86% -0.85pp
1987 4.71% +2.27pp
1986 2.44% -1.78pp
1985 4.22% -1.69pp
1984 5.91% -1.45pp
1983 7.35% -2.72pp
1982 10.07% -0.45pp
1981 10.52% +1.94pp
1980 8.58% +1.58pp
1979 7.00% -1.84pp
1978 8.83% +0.06pp
1977 8.77% -0.51pp
1976 9.28% -3.98pp
1975 13.26% +0.25pp
1974 13.02% +3.09pp
1973 9.92% +0.19pp
1972 9.73% +2.46pp
1971 7.27% -1.49pp
1970 8.75% +1.88pp
1969 6.87% +1.54pp
1968 5.33% +1.23pp
1967 4.10% -2.73pp
1966 6.83% -0.60pp
1965 7.44% +2.83pp
1964 4.61% -1.16pp
1963 5.77% -0.86pp
1962 6.64% +2.33pp
1961 4.31% -

About Denmark inflation

Denmark inflation measures the annual percentage change in the general level of consumer prices. This indicator is essential to understand how the purchasing power of money varies over time. Our Denmark inflation calculator allows you to visualize these changes and calculate monetary equivalences between different years.

What is inflation?

Inflation is the sustained and generalized increase in the price level of goods and services in an economy over a period of time. When inflation rises, each monetary unit buys fewer products. The inflation rate is generally measured by the Consumer Price Index (CPI), which reflects changes in the cost of a representative basket of goods and services.

How to use this inflation calculator?

Our Denmark inflation calculator offers three tools: 1) Historical calculator: enter a value and select two years to see how purchasing power has changed. 2) Future value: estimate what your money will be worth in the future with a projected inflation rate. 3) Past value: calculate the equivalent of a current amount in the past.

Data provided by the World Bank (World Bank Open Data). Data is updated annually.

Frequently Asked Questions

What is the current inflation in Denmark?
According to the latest available World Bank data, Denmark inflation in 2023 was -3.79%. This inflation rate represents the annual percentage change in the consumer price index (CPI).
How to calculate cumulative inflation in Denmark?
To calculate cumulative inflation in Denmark, use our historical calculator. Enter an initial value, select the start year and end year. The calculator will multiply the value by each year's inflation factors to give you the equivalent value and total cumulative inflation in percentage.
What was the highest inflation recorded in Denmark?
You can check Denmark's historical inflation in the chart and table on this page. The data shows the evolution of the annual inflation rate from 1961 to 2023, allowing you to identify periods of highest and lowest inflation.
How does inflation affect purchasing power?
Inflation reduces the purchasing power of money over time. For example, if inflation is 3% per year, what costs $100 today will cost $103 next year. Our inflation calculator helps you visualize exactly how much the real value of your money has changed in Denmark.
What is the historical average inflation in Denmark?
The historical average inflation in Denmark can be calculated with the data on this page. Check the statistics in the chart section where we show the historical average, as well as the maximum and minimum values recorded during the period 1961-2023.
What is the CPI and how does it relate to inflation?
The CPI (Consumer Price Index) is an indicator that measures the price variation of a basket of goods and services representative of household consumption. The inflation rate is calculated as the percentage change in the CPI between two periods. Our Denmark inflation data is based on the official CPI.