Romania - Inflation, consumer prices (annual %) 1991 - 2022
Romania's inflation, consumer prices (annual %) is currently 13.8%, 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.- Romania's inflation, consumer prices (annual %) for 2022 was 13.795%, a 173.05% increase from 2021, with a +8 difference.
- In 2021 it was 5.052%, a 92.03% increase from 2020, with a +2 difference.
- In 2020 it was 2.631%, a -31.27% increase from 2019.
- In 2019 it was 3.828%, a -17.24% increase from 2018.
- In 2018 it was 4.625%, a 245.44% increase from 2017.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Romania is currently 43.0491% (average of years with recorded data) with a lowest recorded value of -1.5448% in 2016 and a highest value of 255.1669% in 1993.
Romania's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 1991 | 230.622% | |
| 1992 | 211.206% | -8.42% |
| 1993 | 255.167% | 20.81% |
| 1994 | 136.759% | -46.40% |
| 1995 | 32.242% | -76.42% |
| 1996 | 38.829% | 20.43% |
| 1997 | 154.763% | 298.57% |
| 1998 | 59.097% | -61.81% |
| 1999 | 45.804% | -22.49% |
| 2000 | 45.667% | -0.30% |
| 2001 | 34.477% | -24.50% |
| 2002 | 22.54% | -34.62% |
| 2003 | 15.273% | -32.24% |
| 2004 | 11.874% | -22.26% |
| 2005 | 9.015% | -24.08% |
| 2006 | 6.559% | -27.25% |
| 2007 | 4.837% | -26.24% |
| 2008 | 7.851% | 62.30% |
| 2009 | 5.587% | -28.83% |
| 2010 | 6.091% | 9.02% |
| 2011 | 5.789% | -4.96% |
| 2012 | 3.335% | -42.39% |
| 2013 | 3.985% | 19.48% |
| 2014 | 1.068% | -73.19% |
| 2015 | -0.594% | -155.62% |
| 2016 | -1.545% | -160.00% |
| 2017 | 1.339% | 186.68% |
| 2018 | 4.625% | 245.44% |
| 2019 | 3.828% | -17.24% |
| 2020 | 2.631% | -31.27% |
| 2021 | 5.052% | 92.03% |
| 2022 | 13.795% | 173.05% |
Expand
Comparison with Countries in the Europe & Central Asia Region.
Among countries in the same World Bank Europe & Central Asia (ECA) region, Romania comes in 16th with 13.796% inflation, consumer prices (annual %).
- Within the same region, Latvia comes in 6th with 17.31%, inflation, consumer prices (annual %).
- Bulgaria comes in 7th with 15.325%.
- Belarus comes in 8th with 15.21%.
- Czechia comes in 9th with 15.1%.
- Hungary comes in 10th with 14.608%.
- Poland comes in 11th with 14.43%.
- North Macedonia comes in 12th with 14.205%.
- Bosnia and Herzegovina comes in 13th with 14.021%.
- Kyrgyz Republic comes in 14th with 13.923%.
- Azerbaijan comes in 15th with 13.852%.
- Montenegro comes in 17th with 13.04%.
- Slovak Republic comes in 18th with 12.774%.
- Serbia comes in 19th with 11.982%.
- Georgia comes in 20th with 11.898%.
- Kosovo comes in 21st with 11.581%.
- Uzbekistan comes in 22nd with 11.447%.
- Croatia comes in 23rd with 10.781%.
- Netherlands comes in 24th with 10.001%.
- Greece comes in 25th with 9.645%.
- And Belgium comes in 26th with 9.598%, 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, Romania comes in 7th with 13.796% inflation, consumer prices (annual %).
- Within the same income group, Lithuania comes in 1st with 19.705%, inflation, consumer prices (annual %).
- Estonia comes in 2nd with 19.398%.
- Latvia comes in 3rd with 17.31%.
- Czechia comes in 4th with 15.1%.
- Hungary comes in 5th with 14.608%.
- Poland comes in 6th with 14.43%.
- Slovak Republic comes in 8th with 12.774%.
- Chile comes in 9th with 11.644%.
- Croatia comes in 10th with 10.781%.
- Netherlands comes in 11th with 10.001%.
- Greece comes in 12th with 9.645%.
- Belgium comes in 13th with 9.598%.
- Uruguay comes in 14th with 9.104%.
- Slovenia comes in 15th with 8.834%.
- Austria comes in 16th with 8.547%.
- And Cyprus comes in 17th with 8.395%, 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 |