Ireland — Inflation
Inflation, Consumer Prices (Annual %) for Ireland, 1960–2025.
Inflation for Ireland was 2.21% in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The highest recorded value was 20.88% in 1975. The lowest was -4.45% in 2009 (about -2.0× the latest value). Across that span the compound annual growth rate works out to 2.48% per year.
Ireland ranks 122 of 187 economies on this measure (1 = highest), putting it in the top 65%. The median for Europe & Central Asia is 3.75%, so Ireland sits below it. It peaked in 1975 and has fallen 89% since. Over the last decade (2015–2025) the figure moved up 768%. Within Europe & Central Asia it ranks 40 of 49 economies; Germany (2.17%) is just below it. Its sharpest one-year move was up 1700% in 2017. That is 11% above this series' own ten-year average.
Data highlights
From its 1960 level: doubled by 1961; grown tenfold by 1964. Doubling roughly every 28 years at that pace.
World ranking. Slipped: 49th of 63 in 1960 → 13th of 92 in 1970 → 32nd of 106 in 1980 → 101st of 131 in 1990 → 54th of 163 in 2000 → 180th of 186 in 2010 → 154th of 178 in 2020 → 107th of 169 in 2025.
Key figures
Full history — 1960 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 2.21% | +0.1 pp |
| 2024 | 2.11% | -4.2 pp |
| 2023 | 6.3% | -1.5 pp |
| 2022 | 7.83% | +5.5 pp |
| 2021 | 2.34% | +2.7 pp |
| 2020 | -0.33% | -1.3 pp |
| 2019 | 0.94% | +0.5 pp |
| 2018 | 0.47% | +0.1 pp |
| 2017 | 0.36% | +0.3 pp |
| 2016 | 0.02% | +0.4 pp |
| 2015 | -0.33% | -0.5 pp |
| 2014 | 0.19% | -0.3 pp |
| 2013 | 0.52% | -1.2 pp |
| 2012 | 1.69% | -0.9 pp |
| 2011 | 2.55% | +3.5 pp |
| 2010 | -0.92% | +3.5 pp |
| 2009 | -4.45% | -8.5 pp |
| 2008 | 4.04% | -0.9 pp |
| 2007 | 4.89% | +0.9 pp |
| 2006 | 3.94% | +1.5 pp |
| 2005 | 2.46% | +0.3 pp |
| 2004 | 2.18% | -1.3 pp |
| 2003 | 3.49% | -1.1 pp |
| 2002 | 4.63% | -0.2 pp |
| 2001 | 4.87% | -0.7 pp |
| 2000 | 5.56% | +3.9 pp |
| 1999 | 1.63% | -0.8 pp |
| 1998 | 2.41% | +0.9 pp |
| 1997 | 1.52% | -0.2 pp |
| 1996 | 1.75% | -0.8 pp |
| 1995 | 2.52% | +0.2 pp |
| 1994 | 2.31% | +0.8 pp |
| 1993 | 1.47% | -1.6 pp |
| 1992 | 3.07% | -0.1 pp |
| 1991 | 3.21% | -0.1 pp |
| 1990 | 3.32% | -0.8 pp |
| 1989 | 4.09% | +2.0 pp |
| 1988 | 2.13% | -1.0 pp |
| 1987 | 3.16% | -0.7 pp |
| 1986 | 3.83% | -1.6 pp |
| 1985 | 5.4% | -3.3 pp |
| 1984 | 8.65% | -1.8 pp |
| 1983 | 10.45% | -6.7 pp |
| 1982 | 17.15% | -3.2 pp |
| 1981 | 20.37% | +2.2 pp |
| 1980 | 18.15% | +4.9 pp |
| 1979 | 13.3% | +5.6 pp |
| 1978 | 7.71% | -5.8 pp |
| 1977 | 13.47% | -4.5 pp |
| 1976 | 17.99% | -2.9 pp |
| 1975 | 20.88% | +3.9 pp |
| 1974 | 16.98% | +5.6 pp |
| 1973 | 11.41% | +2.8 pp |
| 1972 | 8.61% | -0.4 pp |
| 1971 | 8.96% | +0.8 pp |
| 1970 | 8.21% | +0.8 pp |
| 1969 | 7.42% | +2.7 pp |
| 1968 | 4.68% | +1.5 pp |
| 1967 | 3.18% | +0.1 pp |
| 1966 | 3.05% | -1.9 pp |
| 1965 | 4.99% | -1.7 pp |
| 1964 | 6.72% | +4.3 pp |
| 1963 | 2.45% | -1.8 pp |
| 1962 | 4.26% | +1.5 pp |
| 1961 | 2.76% | +2.3 pp |
| 1960 | 0.45% | — |
Frequently asked questions
What was Ireland’s Inflation in 1961?
2.76% (1961). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Ireland’s Inflation growing or shrinking?
Between 1960 and 2025 the series was growing overall: +390.3% in total — about 2.5% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator FP.CPI.TOTL.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 2.21%; 2024: 2.11%; 2023: 6.3%; 2022: 7.83%; 2021: 2.34%. Earlier years are in the full-history table below.
Related data
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.