Inflation, consumer prices in Italy
Italy: Inflation, consumer prices was 0.9824 in 2024. ◆ Volatile
Latest (2024)
0.9824
Change on year
down 82.5%
World rank
65th
of 70 countries
All-time high
21.06
in 1980
All-time low
-0.1377
in 2020
Years of data
65
1960–2024
Inflation, consumer prices in Italy, 1960–2024
Source: UNICEF.
Analysis
Italy recorded 0.9824 for inflation, consumer prices in 2024.
Compared with earlier readings it is down 82.5% on the previous year and up 307.5% over ten years.
Over the whole period, inflation, consumer prices in Italy peaked at 21.06 in 1980 and was at its lowest, -0.1377, in 2020.
Italy ranks 65th of 70 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in Italy, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 2.35 | — |
| 1961 | 2.05 | -12.7% |
| 1962 | 4.69 | +128.8% |
| 1963 | 7.45 | +58.9% |
| 1964 | 5.91 | -20.7% |
| 1965 | 4.52 | -23.6% |
| 1966 | 2.35 | -48.1% |
| 1967 | 3.73 | +59.1% |
| 1968 | 1.28 | -65.8% |
| 1969 | 2.66 | +108.0% |
| 1970 | 4.97 | +87.0% |
| 1971 | 4.79 | -3.6% |
| 1972 | 5.75 | +20.0% |
| 1973 | 10.8 | +87.8% |
| 1974 | 19.16 | +77.4% |
| 1975 | 16.95 | -11.5% |
| 1976 | 16.61 | -2.0% |
| 1977 | 17.13 | +3.1% |
| 1978 | 12.09 | -29.4% |
| 1979 | 14.8 | +22.4% |
| 1980 | 21.06 | +42.3% |
| 1981 | 17.97 | -14.7% |
| 1982 | 16.48 | -8.3% |
| 1983 | 14.65 | -11.1% |
| 1984 | 10.79 | -26.3% |
| 1985 | 9.21 | -14.7% |
| 1986 | 5.82 | -36.7% |
| 1987 | 4.75 | -18.5% |
| 1988 | 5.06 | +6.6% |
| 1989 | 6.26 | +23.8% |
| 1990 | 6.46 | +3.1% |
| 1991 | 6.25 | -3.2% |
| 1992 | 5.27 | -15.7% |
| 1993 | 4.63 | -12.2% |
| 1994 | 4.05 | -12.4% |
| 1995 | 5.24 | +29.2% |
| 1996 | 4.01 | -23.5% |
| 1997 | 2.04 | -49.0% |
| 1998 | 1.96 | -4.3% |
| 1999 | 1.66 | -14.9% |
| 2000 | 2.54 | +52.6% |
| 2001 | 2.79 | +9.8% |
| 2002 | 2.47 | -11.5% |
| 2003 | 2.67 | +8.4% |
| 2004 | 2.21 | -17.4% |
| 2005 | 1.99 | -10.0% |
| 2006 | 2.09 | +5.3% |
| 2007 | 1.83 | -12.5% |
| 2008 | 3.35 | +83.0% |
| 2009 | 0.7748 | -76.9% |
| 2010 | 1.53 | +96.9% |
| 2011 | 2.78 | +82.3% |
| 2012 | 3.04 | +9.4% |
| 2013 | 1.22 | -59.9% |
| 2014 | 0.241 | -80.2% |
| 2015 | 0.0388 | -83.9% |
| 2016 | -0.094 | -342.4% |
| 2017 | 1.23 | -1404.6% |
| 2018 | 1.14 | -7.3% |
| 2019 | 0.6112 | -46.3% |
| 2020 | -0.1377 | -122.5% |
| 2021 | 1.87 | -1460.7% |
| 2022 | 8.2 | +337.7% |
| 2023 | 5.62 | -31.4% |
| 2024 | 0.9824 | -82.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.7 | 1.28 | 7.45 | 10 |
| 1970s | 12.31 | 4.79 | 19.16 | 10 |
| 1980s | 11.2 | 4.75 | 21.06 | 10 |
| 1990s | 4.16 | 1.66 | 6.46 | 10 |
| 2000s | 2.27 | 0.7748 | 3.35 | 10 |
| 2010s | 1.17 | -0.094 | 3.04 | 10 |
| 2020s | 3.31 | -0.1377 | 8.2 | 5 |
Countries ranked near Italy
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Gross domestic savings (current US$), annual growth rate 6.32 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2418 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 10,472 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 1.84 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.214 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 9,268 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 8.82 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9716 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is inflation, consumer prices in Italy?
- Inflation, consumer prices in Italy was 0.9824 in 2024, according to UNICEF.
- What is the highest inflation, consumer prices recorded in Italy?
- The highest recorded value was 21.06 in 1980.
- What is the lowest inflation, consumer prices recorded in Italy?
- The lowest recorded value was -0.1377 in 2020.
- How does Italy rank for inflation, consumer prices?
- Italy ranks 65th out of 70 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Italy?
- Over the last ten years it is up 307.5%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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