Turkey vs Spain: Inflation Comparison

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

VS

Turkey

TRY
+5,570.6% Total Inflation
17.53% Avg Annual Rate
-98.2% Purchasing Power Lost
VS

Spain

EUR
+73.2% Total Inflation
2.32% Avg Annual Rate
-42.3% Purchasing Power Lost
🏆
Spain had lower cumulative inflation — 5,497.4 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Turkey CPI Turkey (Change) Spain CPI Spain (Change)
2000 20.59 - 75.93 -
2001 31.80 +54.4% 78.65 +3.6%
2002 46.10 +45.0% 81.06 +3.1%
2003 56.05 +21.6% 83.53 +3.0%
2004 60.87 +8.6% 86.06 +3.0%
2005 65.85 +8.2% 88.96 +3.4%
2006 72.17 +9.6% 92.09 +3.5%
2007 78.49 +8.8% 94.66 +2.8%
2008 86.69 +10.4% 98.52 +4.1%
2009 92.11 +6.3% 98.23 -0.3%
2010 100.00 +8.6% 100.00 +1.8%
2011 106.47 +6.5% 103.20 +3.2%
2012 115.94 +8.9% 105.72 +2.4%
2013 124.63 +7.5% 107.21 +1.4%
2014 135.66 +8.9% 107.05 -0.2%
2015 146.07 +7.7% 106.51 -0.5%
2016 157.42 +7.8% 106.30 -0.2%
2017 174.97 +11.1% 108.38 +2.0%
2018 203.55 +16.3% 110.19 +1.7%
2019 234.44 +15.2% 110.96 +0.7%
2020 193.72 -17.4% 110.60 -0.3%
2021 263.62 +36.1% 114.02 +3.1%
2022 433.04 +64.3% 123.59 +8.4%
2023 713.54 +64.8% 127.96 +3.5%
2024 1,030.20 +44.4% 131.51 +2.8%
2025 1,167.85 +13.4% - -

Inflation by Decade: Turkey vs Spain

Year-by-year CPI and inflation for Turkey and Spain, 2000–2026
Year Turkey (Total Inflation) Turkey (Avg Annual Rate) Spain (Total Inflation) Spain (Avg Annual Rate)
1960s +65.8% 5.78% +70.1% 6.08%
1970s +821.0% 27.98% +258.5% 15.24%
1980s +2,487.6% 43.55% +128.2% 9.60%
1990s +18,454.5% 78.67% +41.5% 3.93%
2000s +347.3% 18.11% +29.4% 2.90%
2010s +134.4% 9.93% +11.0% 1.16%
2020s +502.9% 43.23% +18.9% 4.42%

The inflation gap between Turkey and Spain widened to 5,497.4 percentage points from 2000 to 2026.

₺100 in Turkey in 2000 lost roughly the same relative value as €3.05 in Spain.

Turkey's highest annual inflation was 64.8% in 2023; Spain's was 8.4% in 2022.

Frequently Asked Questions

Which had higher inflation, Turkey or Spain?

Between 2000 and 2026, Turkey had higher cumulative inflation (5570.57%) than Spain (73.2%), 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 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, Spain had lower cumulative inflation (73.2%) than Turkey (5,570.6%).