Annual Inflation Visualization (Finland)

Source: World Bank (1961-2023)

4.84% Historical average
22.07% Maximum recorded
-0.08% Minimum recorded
63 Years of data

Historical Inflation Calculator for Finland

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

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 Finland

Year Inflation (%) Change
2023 3.91% -1.54pp
2022 5.45% +3.01pp
2021 2.43% +0.80pp
2020 1.64% +0.16pp
2019 1.48% -0.51pp
2018 1.99% +1.15pp
2017 0.84% +0.78pp
2016 0.06% -1.58pp
2015 1.63% -0.01pp
2014 1.64% -0.92pp
2013 2.56% -0.38pp
2012 2.95% +0.34pp
2011 2.60% +2.25pp
2010 0.35% -1.43pp
2009 1.78% -1.26pp
2008 3.04% +0.28pp
2007 2.75% +1.83pp
2006 0.92% -0.01pp
2005 0.93% +0.33pp
2004 0.60% +0.41pp
2003 0.19% -0.75pp
2002 0.94% -2.36pp
2001 3.30% +1.67pp
2000 1.64% +0.71pp
1999 0.93% -2.17pp
1998 3.10% +1.02pp
1997 2.09% +2.17pp
1996 -0.08% -4.28pp
1995 4.20% +2.36pp
1994 1.84% +0.08pp
1993 1.77% +0.87pp
1992 0.89% -0.62pp
1991 1.52% -3.68pp
1990 5.20% -1.34pp
1989 6.53% -1.15pp
1988 7.68% +3.39pp
1987 4.29% -0.47pp
1986 4.76% -0.47pp
1985 5.22% -3.23pp
1984 8.45% +0.26pp
1983 8.20% -0.87pp
1982 9.06% -2.57pp
1981 11.64% +2.00pp
1980 9.64% +1.33pp
1979 8.30% +0.85pp
1978 7.45% -1.96pp
1977 9.42% -3.71pp
1976 13.12% -0.44pp
1975 13.57% -8.50pp
1974 22.07% +8.30pp
1973 13.77% +5.53pp
1972 8.24% +0.88pp
1971 7.36% +3.52pp
1970 3.85% -0.30pp
1969 4.15% -7.91pp
1968 12.06% +4.70pp
1967 7.36% +2.64pp
1966 4.72% -0.30pp
1965 5.02% -2.15pp
1964 7.18% +2.03pp
1963 5.15% +1.17pp
1962 3.97% -1.37pp
1961 5.34% -

About Finland inflation

Finland 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 Finland 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 Finland 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 Finland?
According to the latest available World Bank data, Finland inflation in 2023 was 3.91%. This inflation rate represents the annual percentage change in the consumer price index (CPI).
How to calculate cumulative inflation in Finland?
To calculate cumulative inflation in Finland, 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 Finland?
You can check Finland'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 Finland.
What is the historical average inflation in Finland?
The historical average inflation in Finland 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 Finland inflation data is based on the official CPI.