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Finland’s Inflation Rate

#37 of 179 in the Inflation Rate progress rankings

Measured as the annual percentage rise in general prices, the Inflation Rate reveals how rapidly costs for goods and services are increasing. It signals changes in purchasing power and economic balance, assisting policy makers in assessing stability (lower is better).

Latest (2024)
1.6 %
Year-over-year
-4.7 %
Change since start (1960→2024)
-1.8 %

Key insights

  • From 1960 to 2024, Inflation Rate changed by -1.8 %.
  • Most recent year-over-year change (2023→2024): -4.7 %.
  • Lowest level: -0.2 % in 2015.
  • Highest level: 17.8 % in 1975.

Inflation Rate Chart (1960–2024)

*Average based on available data from 193 UN member countries

Inflation Rate Table (1960–2024)

Inflation Rate — Finland
Year Inflation Rate
1960 3.4 %
1961 1.7 %
1962 4.4 %
1963 5.0 %
1964 10.3 %
1965 4.9 %
1966 3.9 %
1967 5.4 %
1968 9.2 %
1969 2.2 %
1970 2.7 %
1971 6.5 %
1972 6.7 %
1973 10.8 %
1974 16.9 %
1975 17.8 %
1976 14.3 %
1977 11.8 %
1978 7.8 %
1979 7.5 %
1980 11.6 %
1981 11.3 %
1982 9.6 %
1983 8.4 %
1984 7.1 %
1985 5.2 %
1986 2.9 %
1987 4.1 %
1988 5.1 %
1989 6.6 %
1990 6.2 %
1991 4.3 %
1992 2.9 %
1993 2.2 %
1994 1.1 %
1995 0.8 %
1996 0.6 %
1997 1.2 %
1998 1.4 %
1999 1.2 %
2000 3.0 %
2001 2.6 %
2002 1.6 %
2003 0.9 %
2004 0.2 %
2005 0.6 %
2006 1.6 %
2007 2.5 %
2008 4.1 %
2009 0.0 %
2010 1.2 %
2011 3.4 %
2012 2.8 %
2013 1.5 %
2014 1.0 %
2015 -0.2 %
2016 0.4 %
2017 0.8 %
2018 1.1 %
2019 1.0 %
2020 0.3 %
2021 2.2 %
2022 7.1 %
2023 6.3 %
2024 1.6 %

Source: World Bank

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