Greece vs Turkey: Inflation Comparison
Compare cumulative inflation, annual rates and purchasing power between Greece and Turkey from 2000 to 2025, based on World Bank CPI data.
Cumulative inflation in Greece was 64.5% between 2000 and 2025, according to World Bank CPI data (FP.CPI.TOTL).
Over the same period, cumulative inflation in Turkey was 5,570.6%.
Greece
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TRYCPI Comparison Chart
Year-by-Year Comparison
| Year | Greece CPI | Greece (Change) | Turkey CPI | Turkey (Change) |
|---|---|---|---|---|
| 2000 | 72.20 | - | 20.59 | - |
| 2001 | 74.64 | +3.4% | 31.80 | +54.4% |
| 2002 | 77.35 | +3.6% | 46.10 | +45.0% |
| 2003 | 80.08 | +3.5% | 56.05 | +21.6% |
| 2004 | 82.40 | +2.9% | 60.87 | +8.6% |
| 2005 | 85.32 | +3.5% | 65.85 | +8.2% |
| 2006 | 88.05 | +3.2% | 72.17 | +9.6% |
| 2007 | 90.60 | +2.9% | 78.49 | +8.8% |
| 2008 | 94.36 | +4.2% | 86.69 | +10.4% |
| 2009 | 95.50 | +1.2% | 92.11 | +6.3% |
| 2010 | 100.00 | +4.7% | 100.00 | +8.6% |
| 2011 | 103.33 | +3.3% | 106.47 | +6.5% |
| 2012 | 104.88 | +1.5% | 115.94 | +8.9% |
| 2013 | 103.92 | -0.9% | 124.63 | +7.5% |
| 2014 | 102.55 | -1.3% | 135.66 | +8.9% |
| 2015 | 100.77 | -1.7% | 146.07 | +7.7% |
| 2016 | 99.94 | -0.8% | 157.42 | +7.8% |
| 2017 | 101.06 | +1.1% | 174.97 | +11.1% |
| 2018 | 101.69 | +0.6% | 203.55 | +16.3% |
| 2019 | 101.95 | +0.3% | 234.44 | +15.2% |
| 2020 | 100.68 | -1.2% | 193.72 | -17.4% |
| 2021 | 101.91 | +1.2% | 263.62 | +36.1% |
| 2022 | 111.74 | +9.6% | 433.04 | +64.3% |
| 2023 | 115.61 | +3.5% | 713.54 | +64.8% |
| 2024 | 118.78 | +2.7% | 1,030.20 | +44.4% |
| 2025 | - | - | 1,167.85 | +13.4% |
Inflation by Decade: Greece vs Turkey
| Year | Greece (Total Inflation) | Greece (Avg Annual Rate) | Turkey (Total Inflation) | Turkey (Avg Annual Rate) |
|---|---|---|---|---|
| 1960s | +19.6% | 2.01% | +65.8% | 5.78% |
| 1970s | +204.5% | 13.17% | +821.0% | 27.98% |
| 1980s | +372.7% | 18.84% | +2,487.6% | 43.55% |
| 1990s | +134.9% | 9.95% | +18,454.5% | 78.67% |
| 2000s | +32.3% | 3.16% | +347.3% | 18.11% |
| 2010s | +2.0% | 0.21% | +134.4% | 9.93% |
| 2020s | +18.0% | 4.22% | +502.9% | 43.23% |
The inflation gap between Greece and Turkey widened to 5,506.1 percentage points from 2000 to 2025.
€100 in Greece in 2000 lost roughly the same relative value as ₺3,446.95 in Turkey.
Greece's highest annual inflation was 9.7% in 2022; Turkey's was 64.8% in 2023.
Frequently Asked Questions
Which had higher inflation, Greece or Turkey?
Between 2000 and 2025, Turkey had higher cumulative inflation (5570.57%) than Greece (64.51%), according to World Bank CPI data.
What was cumulative inflation in Greece from 2000 to 2025?
Prices in Greece rose 64.51% cumulatively, an average of 2.1% per year.
What was cumulative inflation in Turkey from 2000 to 2025?
Prices in Turkey rose 5570.57% cumulatively, an average of 17.53% per year.
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Calculate Individually
Between 2000 and 2025, Greece had lower cumulative inflation (64.5%) than Turkey (5,570.6%).