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Luxembourg Annual Inflation Rate

Luxembourg's annual inflation rate fell to 2.05% in 2024, down from 3.74% in 2023, according to World Bank. This represents a decrease of 1.69% from the previous year. Luxembourg has annual inflation rate lower than the global median (2.05% vs median 3.16%). Compared with the median in Europe, Luxembourg is lower (2.05% vs regional median 2.76%) and ranks 30th out of 43 countries in Europe.

Yearly Historical Data (1960-2024)

(in %)
Year Annual Inflation Rate (%)
2024 2.05%
2023 3.74%
2022 6.34%
2021 2.53%
2020 0.82%
2019 1.74%
2018 1.53%
2017 1.73%
2016 0.29%
2015 0.47%
2014 0.63%
2013 1.73%
2012 2.66%
2011 3.41%
2010 2.27%
2009 0.37%
2008 3.4%
2007 2.31%
2006 2.67%
2005 2.49%
2004 2.23%
2003 2.05%
2002 2.07%
2001 2.66%
2000 3.15%
1999 1.03%
1998 0.96%
1997 1.37%
1996 1.18%
1995 1.87%
1994 2.19%
1993 3.59%
1992 3.15%
1991 3.12%
1990 3.25%
1989 3.37%
1988 1.44%
1987 -0.06%
1986 0.29%
1985 4.09%
1984 6.44%
1983 8.67%
1982 9.36%
1981 8.07%
1980 6.3%
1979 4.55%
1978 3.09%
1977 6.71%
1976 9.8%
1975 10.72%
1974 9.54%
1973 6.07%
1972 5.23%
1971 4.67%
1970 4.64%
1969 2.29%
1968 2.63%
1967 2.17%
1966 3.33%
1965 3.33%
1964 3.1%
1963 2.88%
1962 0.9%
1961 0.48%
1960 0.45%
Luxembourg Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Luxembourg.