Greece vs Italy: Inflation Comparison

Compare cumulative inflation, annual rates and purchasing power between Greece and Italy from 2000 to 2026, based on World Bank CPI data.

Cumulative inflation in Greece was 64.5% between 2000 and 2026, according to World Bank CPI data (FP.CPI.TOTL).

Over the same period, cumulative inflation in Italy was 60.9%.

VS

Greece

EUR
+64.5% Total Inflation
2.10% Avg Annual Rate
-39.2% Purchasing Power Lost
VS

Italy

EUR
+60.9% Total Inflation
2.00% Avg Annual Rate
-37.9% Purchasing Power Lost
🏆
Italy had lower cumulative inflation — 3.6 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Greece CPI Greece (Change) Italy CPI Italy (Change)
2000 72.20 - 80.71 -
2001 74.64 +3.4% 82.96 +2.8%
2002 77.35 +3.6% 85.00 +2.5%
2003 80.08 +3.5% 87.28 +2.7%
2004 82.40 +2.9% 89.20 +2.2%
2005 85.32 +3.5% 90.97 +2.0%
2006 88.05 +3.2% 92.87 +2.1%
2007 90.60 +2.9% 94.57 +1.8%
2008 94.36 +4.2% 97.74 +3.3%
2009 95.50 +1.2% 98.50 +0.8%
2010 100.00 +4.7% 100.00 +1.5%
2011 103.33 +3.3% 102.78 +2.8%
2012 104.88 +1.5% 105.91 +3.0%
2013 103.92 -0.9% 107.20 +1.2%
2014 102.55 -1.3% 107.46 +0.2%
2015 100.77 -1.7% 107.50 +0.0%
2016 99.94 -0.8% 107.40 -0.1%
2017 101.06 +1.1% 108.71 +1.2%
2018 101.69 +0.6% 109.95 +1.1%
2019 101.95 +0.3% 110.62 +0.6%
2020 100.68 -1.2% 110.47 -0.1%
2021 101.91 +1.2% 112.54 +1.9%
2022 111.74 +9.6% 121.77 +8.2%
2023 115.61 +3.5% 128.62 +5.6%
2024 118.78 +2.7% 129.88 +1.0%

Inflation by Decade: Greece vs Italy

Year-by-year CPI and inflation for Greece and Italy, 2000–2026
Year Greece (Total Inflation) Greece (Avg Annual Rate) Italy (Total Inflation) Italy (Avg Annual Rate)
1960s +19.6% 2.01% +40.3% 3.83%
1970s +204.5% 13.17% +200.8% 13.01%
1980s +372.7% 18.84% +135.9% 10.00%
1990s +134.9% 9.95% +41.0% 3.89%
2000s +32.3% 3.16% +22.0% 2.24%
2010s +2.0% 0.21% +10.6% 1.13%
2020s +18.0% 4.22% +17.6% 4.13%

The inflation gap between Greece and Italy widened to 3.6 percentage points from 2000 to 2026.

€100 in Greece in 2000 lost roughly the same relative value as €97.82 in Italy.

Greece's highest annual inflation was 9.7% in 2022; Italy's was 8.2% in 2022.

Frequently Asked Questions

Which had higher inflation, Greece or Italy?

Between 2000 and 2026, Greece had higher cumulative inflation (64.51%) than Italy (60.92%), according to World Bank CPI data.

What was cumulative inflation in Greece from 2000 to 2026?

Prices in Greece rose 64.51% cumulatively, an average of 2.1% per year.

What was cumulative inflation in Italy from 2000 to 2026?

Prices in Italy rose 60.92% cumulatively, an average of 2% per year.

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Between 2000 and 2026, Italy had lower cumulative inflation (60.9%) than Greece (64.5%).