Greece vs Spain: Inflation Comparison

Compare cumulative inflation, annual rates and purchasing power between Greece and Spain 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 Spain was 73.2%.

VS

Greece

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

Spain

EUR
+73.2% Total Inflation
2.32% Avg Annual Rate
-42.3% Purchasing Power Lost
🏆
Greece had lower cumulative inflation — 8.7 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Greece CPI Greece (Change) Spain CPI Spain (Change)
2000 72.20 - 75.93 -
2001 74.64 +3.4% 78.65 +3.6%
2002 77.35 +3.6% 81.06 +3.1%
2003 80.08 +3.5% 83.53 +3.0%
2004 82.40 +2.9% 86.06 +3.0%
2005 85.32 +3.5% 88.96 +3.4%
2006 88.05 +3.2% 92.09 +3.5%
2007 90.60 +2.9% 94.66 +2.8%
2008 94.36 +4.2% 98.52 +4.1%
2009 95.50 +1.2% 98.23 -0.3%
2010 100.00 +4.7% 100.00 +1.8%
2011 103.33 +3.3% 103.20 +3.2%
2012 104.88 +1.5% 105.72 +2.4%
2013 103.92 -0.9% 107.21 +1.4%
2014 102.55 -1.3% 107.05 -0.2%
2015 100.77 -1.7% 106.51 -0.5%
2016 99.94 -0.8% 106.30 -0.2%
2017 101.06 +1.1% 108.38 +2.0%
2018 101.69 +0.6% 110.19 +1.7%
2019 101.95 +0.3% 110.96 +0.7%
2020 100.68 -1.2% 110.60 -0.3%
2021 101.91 +1.2% 114.02 +3.1%
2022 111.74 +9.6% 123.59 +8.4%
2023 115.61 +3.5% 127.96 +3.5%
2024 118.78 +2.7% 131.51 +2.8%

Inflation by Decade: Greece vs Spain

Year-by-year CPI and inflation for Greece and Spain, 2000–2026
Year Greece (Total Inflation) Greece (Avg Annual Rate) Spain (Total Inflation) Spain (Avg Annual Rate)
1960s +19.6% 2.01% +70.1% 6.08%
1970s +204.5% 13.17% +258.5% 15.24%
1980s +372.7% 18.84% +128.2% 9.60%
1990s +134.9% 9.95% +41.5% 3.93%
2000s +32.3% 3.16% +29.4% 2.90%
2010s +2.0% 0.21% +11.0% 1.16%
2020s +18.0% 4.22% +18.9% 4.42%

The inflation gap between Greece and Spain widened to 8.7 percentage points from 2000 to 2026.

€100 in Greece in 2000 lost roughly the same relative value as €105.28 in Spain.

Greece's highest annual inflation was 9.7% in 2022; Spain's was 8.4% in 2022.

Frequently Asked Questions

Which had higher inflation, Greece or Spain?

Between 2000 and 2026, Spain had higher cumulative inflation (73.2%) than Greece (64.51%), 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 Spain from 2000 to 2026?

Prices in Spain rose 73.2% cumulatively, an average of 2.32% per year.

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Between 2000 and 2026, Greece had lower cumulative inflation (64.5%) than Spain (73.2%).