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Ukraine Annual Inflation Rate

Ukraine's annual inflation rate fell to 6.5% in 2024, down from 12.85% in 2023, according to World Bank. This represents a decrease of 6.35% from the previous year. Ukraine has annual inflation rate higher than the global median (6.50% vs median 3.16%). Compared with the median in Europe, Ukraine is higher (6.50% vs regional median 2.76%) and ranks 3rd out of 43 countries in Europe.

Yearly Historical Data (1993-2024)

(in %)
Year Annual Inflation Rate (%)
2024 6.5%
2023 12.85%
2022 20.18%
2021 9.36%
2020 2.73%
2019 7.89%
2018 10.95%
2017 14.44%
2016 13.91%
2015 48.7%
2014 12.07%
2013 -0.24%
2012 0.57%
2011 7.96%
2010 9.37%
2009 15.88%
2008 25.23%
2007 12.84%
2006 9.05%
2005 13.57%
2004 9.05%
2003 5.18%
2002 0.76%
2001 11.96%
2000 28.2%
1999 22.68%
1998 10.58%
1997 15.94%
1996 80.33%
1995 376.75%
1994 891.19%
1993 4,734.91%
Ukraine Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Ukraine.