Ireland — Inflation
Inflation, Consumer Prices (Annual %) for Ireland, 1960–2025.
Latest value · 2025
2.21%
Inflation, Consumer Prices (Annual %) · annual % · +390.3% since 1960
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 3.79%, 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%.
Key figures
Latest (2025)
2.21%
First (1960)
0.45%
Change
+390.3%
Highest
20.88%
in 1975
Lowest
-4.45%
in 2009
Average
5.18%
Annual growth (CAGR)
2.48%
Years of data
66
Recent years
| Year | annual % |
|---|---|
| 2025 | 2.21% |
| 2024 | 2.11% |
| 2023 | 6.3% |
| 2022 | 7.83% |
| 2021 | 2.34% |
| 2020 | -0.33% |
| 2019 | 0.94% |
| 2018 | 0.47% |
| 2017 | 0.36% |
| 2016 | 0.02% |
| 2015 | -0.33% |
| 2014 | 0.19% |
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
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.