Turkey vs Italy: Inflation Comparison

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

Cumulative inflation in Turkey was 5,570.6% 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

Turkey

TRY
+5,570.6% Total Inflation
17.53% Avg Annual Rate
-98.2% 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 — 5,509.7 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Turkey CPI Turkey (Change) Italy CPI Italy (Change)
2000 20.59 - 80.71 -
2001 31.80 +54.4% 82.96 +2.8%
2002 46.10 +45.0% 85.00 +2.5%
2003 56.05 +21.6% 87.28 +2.7%
2004 60.87 +8.6% 89.20 +2.2%
2005 65.85 +8.2% 90.97 +2.0%
2006 72.17 +9.6% 92.87 +2.1%
2007 78.49 +8.8% 94.57 +1.8%
2008 86.69 +10.4% 97.74 +3.3%
2009 92.11 +6.3% 98.50 +0.8%
2010 100.00 +8.6% 100.00 +1.5%
2011 106.47 +6.5% 102.78 +2.8%
2012 115.94 +8.9% 105.91 +3.0%
2013 124.63 +7.5% 107.20 +1.2%
2014 135.66 +8.9% 107.46 +0.2%
2015 146.07 +7.7% 107.50 +0.0%
2016 157.42 +7.8% 107.40 -0.1%
2017 174.97 +11.1% 108.71 +1.2%
2018 203.55 +16.3% 109.95 +1.1%
2019 234.44 +15.2% 110.62 +0.6%
2020 193.72 -17.4% 110.47 -0.1%
2021 263.62 +36.1% 112.54 +1.9%
2022 433.04 +64.3% 121.77 +8.2%
2023 713.54 +64.8% 128.62 +5.6%
2024 1,030.20 +44.4% 129.88 +1.0%
2025 1,167.85 +13.4% - -

Inflation by Decade: Turkey vs Italy

Year-by-year CPI and inflation for Turkey and Italy, 2000–2026
Year Turkey (Total Inflation) Turkey (Avg Annual Rate) Italy (Total Inflation) Italy (Avg Annual Rate)
1960s +65.8% 5.78% +40.3% 3.83%
1970s +821.0% 27.98% +200.8% 13.01%
1980s +2,487.6% 43.55% +135.9% 10.00%
1990s +18,454.5% 78.67% +41.0% 3.89%
2000s +347.3% 18.11% +22.0% 2.24%
2010s +134.4% 9.93% +10.6% 1.13%
2020s +502.9% 43.23% +17.6% 4.13%

The inflation gap between Turkey and Italy widened to 5,509.7 percentage points from 2000 to 2026.

₺100 in Turkey in 2000 lost roughly the same relative value as €2.84 in Italy.

Turkey's highest annual inflation was 64.8% in 2023; Italy's was 8.2% in 2022.

Frequently Asked Questions

Which had higher inflation, Turkey or Italy?

Between 2000 and 2026, Turkey had higher cumulative inflation (5570.57%) than Italy (60.92%), according to World Bank CPI data.

What was cumulative inflation in Turkey from 2000 to 2026?

Prices in Turkey rose 5570.57% cumulatively, an average of 17.53% 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 Turkey (5,570.6%).