🇬🇷 Greece Inflation Calculator – Historical CPI Rates (1960–2026)
See how prices in Greece have changed since 1960, based on World Bank CPI data.
Between 1960 and 2024, prices in Greece rose 10,492.6%, an average annual rate of 7.56%. €100 in 1960 would need to be €10,592.56 in 2024 to keep the same purchasing power.
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Value Over Time
Greece Inflation: Year by Year
| Year | CPI | €100 → | Annual Change |
|---|---|---|---|
| 1960 | 1.12 | €100.00 | - |
| 1961 | 1.14 | €102.10 | +2.1% |
| 1962 | 1.14 | €101.62 | -0.5% |
| 1963 | 1.18 | €104.85 | +3.2% |
| 1964 | 1.18 | €105.50 | +0.6% |
| 1965 | 1.22 | €108.90 | +3.2% |
| 1966 | 1.28 | €114.24 | +4.9% |
| 1967 | 1.30 | €116.34 | +1.8% |
| 1968 | 1.31 | €116.50 | +0.1% |
| 1969 | 1.34 | €119.58 | +2.6% |
| 1970 | 1.38 | €122.98 | +2.8% |
| 1971 | 1.42 | €127.02 | +3.3% |
| 1972 | 1.49 | €132.52 | +4.3% |
| 1973 | 1.71 | €152.91 | +15.4% |
| 1974 | 2.17 | €193.53 | +26.6% |
| 1975 | 2.47 | €219.90 | +13.6% |
| 1976 | 2.79 | €248.54 | +13.0% |
| 1977 | 3.13 | €279.29 | +12.4% |
| 1978 | 3.53 | €314.40 | +12.6% |
| 1979 | 4.20 | €374.43 | +19.1% |
| 1980 | 5.23 | €466.83 | +24.7% |
| 1981 | 6.52 | €581.23 | +24.5% |
| 1982 | 7.89 | €703.24 | +21.0% |
| 1983 | 9.48 | €845.15 | +20.2% |
| 1984 | 11.23 | €1,001.13 | +18.5% |
| 1985 | 13.39 | €1,194.50 | +19.3% |
| 1986 | 16.48 | €1,469.42 | +23.0% |
| 1987 | 19.18 | €1,710.36 | +16.4% |
| 1988 | 21.77 | €1,941.75 | +13.5% |
| 1989 | 24.75 | €2,206.90 | +13.7% |
| 1990 | 29.80 | €2,657.85 | +20.4% |
| 1991 | 35.60 | €3,174.96 | +19.5% |
| 1992 | 41.26 | €3,679.05 | +15.9% |
| 1993 | 47.20 | €4,209.25 | +14.4% |
| 1994 | 52.33 | €4,666.96 | +10.9% |
| 1995 | 57.01 | €5,083.94 | +8.9% |
| 1996 | 61.68 | €5,500.54 | +8.2% |
| 1997 | 65.09 | €5,805.05 | +5.5% |
| 1998 | 68.20 | €6,081.73 | +4.8% |
| 1999 | 70.00 | €6,242.09 | +2.6% |
| 2000 | 72.20 | €6,438.79 | +3.2% |
| 2001 | 74.64 | €6,656.03 | +3.4% |
| 2002 | 77.35 | €6,897.60 | +3.6% |
| 2003 | 80.08 | €7,141.13 | +3.5% |
| 2004 | 82.40 | €7,348.14 | +2.9% |
| 2005 | 85.32 | €7,608.64 | +3.5% |
| 2006 | 88.05 | €7,851.80 | +3.2% |
| 2007 | 90.60 | €8,079.11 | +2.9% |
| 2008 | 94.36 | €8,414.62 | +4.2% |
| 2009 | 95.50 | €8,516.45 | +1.2% |
| 2010 | 100.00 | €8,917.83 | +4.7% |
| 2011 | 103.33 | €9,214.78 | +3.3% |
| 2012 | 104.88 | €9,353.14 | +1.5% |
| 2013 | 103.92 | €9,266.97 | -0.9% |
| 2014 | 102.55 | €9,145.36 | -1.3% |
| 2015 | 100.77 | €8,986.61 | -1.7% |
| 2016 | 99.94 | €8,912.41 | -0.8% |
| 2017 | 101.06 | €9,012.34 | +1.1% |
| 2018 | 101.69 | €9,068.73 | +0.6% |
| 2019 | 101.95 | €9,091.67 | +0.3% |
| 2020 | 100.68 | €8,978.21 | -1.2% |
| 2021 | 101.91 | €9,088.09 | +1.2% |
| 2022 | 111.74 | €9,964.66 | +9.6% |
| 2023 | 115.61 | €10,309.91 | +3.5% |
| 2024 | 118.78 | €10,592.56 | +2.7% |
World Bank CPI data for Greece is available from 1960 to 2024.
Quick Reference: value today
What 1960 amounts in Greece are worth in 2024:
| 1960 | 2024 |
|---|---|
| €1 | €105.93 |
| €10 | €1,059.26 |
| €100 | €10,593 |
| €1,000 | €105,926 |
| €10,000 | €1,059,256 |
Inflation by Decade in Greece
| Decade | Cumulative Inflation | Annual Rate |
|---|---|---|
| 1960–1969 | +19.6% | 2.01% |
| 1970–1979 | +204.5% | 13.17% |
| 1980–1989 | +372.7% | 18.84% |
| 1990–1999 | +134.9% | 9.95% |
| 2000–2009 | +32.3% | 3.16% |
| 2010–2019 | +2.0% | 0.21% |
| 2020–2024 | +18.0% | 4.22% |
The sharpest price increase in Greece came in 1974, when annual inflation reached 26.6%.
The lowest annual change was -1.7% in 2015.
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Understanding Inflation in Greece
This calculator uses official data from the World Bank (CPI - Consumer Price Index) to calculate the purchasing power of your money over time.
What is the CPI?
The CPI measures the average change in prices that consumers pay for a basket of goods and services.
A Real Example from Greece
For instance, €1,000 in Greece in 1960 would need to be worth about €105,926 in 2024 to keep the same purchasing power — a cumulative change of 10,492.6% over 64 years.
Why is it Important?
- Financial Planning: Compare salaries and investments
- Investment Decisions: Evaluate real returns
- Historical Analysis: Understand past money values
Frequently Asked Questions
What was the inflation rate in Greece in 2024?
The annual inflation rate in Greece in 2024 was 2.74%, according to World Bank CPI data.
How much has Greece inflation been since 1960?
Cumulative inflation in Greece from 1960 to 2024 was 10492.56% (7.56%/year average).