Switzerland - Inflation, consumer prices (annual %) 1960 - 2022
Switzerland's inflation, consumer prices (annual %) is currently 2.84%, according to the most recent World Bank data for the country (2022).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Switzerland's inflation, consumer prices (annual %) for 2022 was 2.835%, a 387.27% increase from 2021, with a +2 difference.
- In 2021 it was 0.582%, a 180.15% increase from 2020, with a +1 difference.
- In 2020 it was -0.726%, a -300.03% increase from 2019.
- In 2019 it was 0.363%, a -61.24% increase from 2018.
- In 2018 it was 0.936%, a 75.41% increase from 2017.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Switzerland is currently 2.3737% (average of years with recorded data) with a lowest recorded value of -1.1439% in 2015 and a highest value of 9.7674% in 1974.
Switzerland's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 1960 | 1.439% | |
| 1961 | 1.845% | 28.26% |
| 1962 | 4.316% | 133.88% |
| 1963 | 3.44% | -20.29% |
| 1964 | 3.081% | -10.45% |
| 1965 | 3.414% | 10.84% |
| 1966 | 4.776% | 39.87% |
| 1967 | 4.005% | -16.14% |
| 1968 | 2.396% | -40.18% |
| 1969 | 2.489% | 3.89% |
| 1970 | 3.616% | 45.28% |
| 1971 | 6.573% | 81.78% |
| 1972 | 6.66% | 1.32% |
| 1973 | 8.755% | 31.45% |
| 1974 | 9.767% | 11.57% |
| 1975 | 6.697% | -31.44% |
| 1976 | 1.715% | -74.38% |
| 1977 | 1.296% | -24.45% |
| 1978 | 1.029% | -20.62% |
| 1979 | 3.648% | 254.56% |
| 1980 | 4.023% | 10.28% |
| 1981 | 6.49% | 61.35% |
| 1982 | 5.655% | -12.87% |
| 1983 | 2.95% | -47.84% |
| 1984 | 2.931% | -0.62% |
| 1985 | 3.435% | 17.19% |
| 1986 | 0.75% | -78.16% |
| 1987 | 1.44% | 91.96% |
| 1988 | 1.872% | 30.00% |
| 1989 | 3.155% | 68.51% |
| 1990 | 5.404% | 71.27% |
| 1991 | 5.86% | 8.43% |
| 1992 | 4.037% | -31.10% |
| 1993 | 3.293% | -18.44% |
| 1994 | 0.852% | -74.12% |
| 1995 | 1.8% | 111.22% |
| 1996 | 0.812% | -54.90% |
| 1997 | 0.52% | -35.90% |
| 1998 | 0.018% | -96.55% |
| 1999 | 0.806% | 4,395.62% |
| 2000 | 1.559% | 93.26% |
| 2001 | 0.989% | -36.54% |
| 2002 | 0.643% | -35.02% |
| 2003 | 0.638% | -0.69% |
| 2004 | 0.803% | 25.79% |
| 2005 | 1.172% | 45.96% |
| 2006 | 1.06% | -9.59% |
| 2007 | 0.732% | -30.88% |
| 2008 | 2.426% | 231.27% |
| 2009 | -0.48% | -119.81% |
| 2010 | 0.688% | 243.24% |
| 2011 | 0.231% | -66.39% |
| 2012 | -0.693% | -399.35% |
| 2013 | -0.217% | 68.62% |
| 2014 | -0.013% | 93.92% |
| 2015 | -1.144% | -8,564.31% |
| 2016 | -0.435% | 62.01% |
| 2017 | 0.534% | 222.82% |
| 2018 | 0.936% | 75.41% |
| 2019 | 0.363% | -61.24% |
| 2020 | -0.726% | -300.03% |
| 2021 | 0.582% | 180.15% |
| 2022 | 2.835% | 387.27% |
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Comparison with Countries in the Europe & Central Asia Region.
Among countries in the same World Bank Europe & Central Asia (ECA) region, Switzerland comes in 48th with 2.835% inflation, consumer prices (annual %).
- Within the same region, Ireland comes in 38th with 7.807%, inflation, consumer prices (annual %).
- Denmark comes in 39th with 7.697%.
- Finland comes in 40th with 7.124%.
- Germany comes in 41st with 6.873%.
- Albania comes in 42nd with 6.725%.
- Russian Federation comes in 43rd with 6.694%.
- Luxembourg comes in 44th with 6.336%.
- Tajikistan comes in 45th with 6.005%.
- Norway comes in 46th with 5.764%.
- France comes in 47th with 5.222%.
- And San Marino comes in 49th with 1.046%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 10 Countries in the Europe & Central Asia Region.
Top 10 Countries in the Europe & Central Asia Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Turkiye | 72.31% | 2022 |
| 2 | Moldova | 28.74% | 2022 |
| 3 | Ukraine | 20.18% | 2022 |
| 4 | Lithuania | 19.70% | 2022 |
| 5 | Estonia | 19.40% | 2022 |
| 6 | Latvia | 17.31% | 2022 |
| 7 | Bulgaria | 15.33% | 2022 |
| 8 | Belarus | 15.21% | 2022 |
| 9 | Czechia | 15.10% | 2022 |
| 10 | Hungary | 14.61% | 2022 |
Comparison with Countries in the High income Group.
Among countries in the same World Bank High income (HI) group, Switzerland comes in 51st with 2.835% inflation, consumer prices (annual %).
- Within the same income group, Guyana comes in 41st with 5.033%, inflation, consumer prices (annual %).
- Qatar comes in 42nd with 4.995%.
- United Arab Emirates comes in 43rd with 4.828%.
- Israel comes in 44th with 4.394%.
- Aruba comes in 45th with 4.257%.
- Barbados comes in 46th with 4.1%.
- Brunei Darussalam comes in 47th with 3.682%.
- Bahrain comes in 48th with 3.626%.
- Kuwait comes in 49th with 3.424%.
- Panama comes in 50th with 2.857%.
- Oman comes in 52nd with 2.812%.
- St. Kitts and Nevis comes in 53rd with 2.667%.
- Curacao comes in 54th with 2.622%.
- Japan comes in 55th with 2.498%.
- Saudi Arabia comes in 56th with 2.474%.
- Sint Maarten (Dutch part) comes in 57th with 2.192%.
- Trinidad and Tobago comes in 58th with 2.059%.
- Hong Kong SAR, China comes in 59th with 1.881%.
- San Marino comes in 60th with 1.046%.
- And Macao SAR, China comes in 61st with 1.045%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the High income Group.
Top 14 Countries in the High income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lithuania | 19.705% | 2022 |
| 2 | Estonia | 19.398% | 2022 |
| 3 | Latvia | 17.310% | 2022 |
| 4 | Czechia | 15.100% | 2022 |
| 5 | Hungary | 14.608% | 2022 |
| 6 | Poland | 14.430% | 2022 |
| 7 | Romania | 13.796% | 2022 |
| 8 | Slovak Republic | 12.774% | 2022 |
| 9 | Chile | 11.644% | 2022 |
| 10 | Croatia | 10.781% | 2022 |
| 11 | Netherlands | 10.001% | 2022 |
| 12 | Greece | 9.645% | 2022 |
| 13 | Belgium | 9.598% | 2022 |
| 14 | Uruguay | 9.104% | 2022 |