HICP - Services in Euro area (changing composition)

Euro area (changing composition): HICP - Services was 3.4 in 2025. ▼ Falling

Latest (2025)
3.4
Change on year
down 15.0%
Rank
2nd
of 2 groups
All-time high
5.6
in 1992
All-time low
1
in 2020
Years of data
35
1991–2025

HICP - Services in Euro area (changing composition), 1991–2025

1234561991200820251991: 5.31992: 5.61993: 5.11994: 3.81995: 3.51996: 2.81997: 2.31998: 1.91999: 1.52000: 1.52001: 2.42002: 3.12003: 2.52004: 2.62005: 2.32006: 22007: 2.52008: 2.62009: 22010: 1.42011: 1.82012: 1.82013: 1.42014: 1.22015: 1.52016: 1.12017: 1.42018: 1.52019: 1.52020: 12021: 1.52022: 3.52023: 4.92024: 42025: 3.4

Source: European Central Bank.

Analysis

In 2025, hicp - services in Euro area (changing composition) stood at 3.4.

Compared with earlier readings it is down 15.0% on the previous year and up 126.7% over ten years.

Over the whole period, hicp - services in Euro area (changing composition) peaked at 5.6 in 1992 and was at its lowest, 1, in 2020.

The long-run direction has been consistently falling across the 35 years of available data.

HICP - Services in Euro area (changing composition), year by year

Annual values for HICP - Services (Annual average rate of change, Eurostat) in Euro area (changing composition), 1991 to 2025.
Year Value Change
1991 5.3
1992 5.6 +5.7%
1993 5.1 -8.9%
1994 3.8 -25.5%
1995 3.5 -7.9%
1996 2.8 -20.0%
1997 2.3 -17.9%
1998 1.9 -17.4%
1999 1.5 -21.1%
2000 1.5 +0.0%
2001 2.4 +60.0%
2002 3.1 +29.2%
2003 2.5 -19.4%
2004 2.6 +4.0%
2005 2.3 -11.5%
2006 2 -13.0%
2007 2.5 +25.0%
2008 2.6 +4.0%
2009 2 -23.1%
2010 1.4 -30.0%
2011 1.8 +28.6%
2012 1.8 +0.0%
2013 1.4 -22.2%
2014 1.2 -14.3%
2015 1.5 +25.0%
2016 1.1 -26.7%
2017 1.4 +27.3%
2018 1.5 +7.1%
2019 1.5 +0.0%
2020 1 -33.3%
2021 1.5 +50.0%
2022 3.5 +133.3%
2023 4.9 +40.0%
2024 4 -18.4%
2025 3.4 -15.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.53 1.5 5.6 9
2000s 2.35 1.5 3.1 10
2010s 1.46 1.1 1.8 10
2020s 3.05 1 4.9 6

Countries ranked near Euro area (changing composition)

  1. 1 Romania 8 compare
  2. 1 Slovakia 8 compare
  3. 3 Hungary 7.5 compare
  4. 4 Croatia 7.4 compare
  5. 5 Estonia 7.3 compare

See the full ranking of 33 places →

More economy & growth data for Euro area (changing composition)

All data for Euro area (changing composition) →

Frequently asked questions

What is hicp - services in Euro area (changing composition)?
Hicp - services in Euro area (changing composition) was 3.4 in 2025, according to European Central Bank.
What is the highest hicp - services recorded in Euro area (changing composition)?
The highest recorded value was 5.6 in 1992.
What is the lowest hicp - services recorded in Euro area (changing composition)?
The lowest recorded value was 1 in 2020.
How does Euro area (changing composition) rank for hicp - services?
Euro area (changing composition) ranks 2nd out of 2 groups with data for 2025.
Is hicp - services rising or falling in Euro area (changing composition)?
Over the last ten years it is up 126.7%. The long-run trend across the full record is falling.
Where does this Euro area (changing composition) data come from?
The figures come from European Central Bank, published as part of HICP - Services (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.

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HICP - Services in Euro area (changing composition). Statizoid, drawing on European Central Bank. Retrieved 07 September 2026, from https://economy.statizoid.com/stat/hicp-services-annual-average-rate-of-change-eurostat/euro-area-changing-composition/

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About this data

Indicator
HICP - Services (Annual average rate of change, Eurostat)
Source
European Central Bank
Licence
ECB Terms and Conditions (attribution required)
Coverage
33 places, 972 data points, 1988–2025
Last refreshed