Spain Inflation Rate

Last updated: 2024-09-17

Annual inflation

2.26%

YoY ending in Aug 2024

Monthly inflation

0.04%

August 2024

The graph above shows the annual inflation rates in Spain for the previous 10 calendar years, from 2014. For additional years, see the historical inflation rates. To calculate cumulative rates between two different periods, you can use the Spain Inflation Calculator.

The current inflation rate in Spain is 2.26%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in August 2024.

In August 2024, the monthly inflation rate was 0.04.

The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.

Year Measure Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2024 YoY 3.41 2.80 3.21 3.31 3.63 3.43 2.77 2.26
MoM 0.08 0.36 0.76 0.70 0.26 0.38 -0.47 0.04
2023 YoY 5.89 6.03 3.30 4.10 3.19 1.89 2.33 2.62 3.52 3.47 3.23 3.10
MoM -0.21 0.94 0.37 0.60 -0.05 0.57 0.17 0.54 0.18 0.29 -0.35 0.02

Historical Annual Inflation Rates from 1955

The table below contains annual inflation rates in Spain from 1955. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display the rolling average of the yearly inflation. For example, the 5-year avg. on the first row indicates that between 2018 and 2023, the average inflation rate was 3.03%. These values can be useful for long-term analysis and forecasting.

You can click or tap the table’s headers to sort the information.

Year Inflation 5-year Avg. 10-year Avg.
1955 4.22 - -
1956 8.44 - -
1957 13.23 - -
1958 11.87 - -
1959 3.80 - -
1960 0.60 7.62 -
1961 0.96 6.57 -
1962 9.91 5.58 -
1963 5.48 4.70 -
1964 12.66 4.64 -
1965 9.37 7.01 7.31
1966 5.26 8.14 7.35
1967 6.56 8.28 6.92
1968 2.88 7.52 6.10
1969 3.43 6.53 5.58
1970 6.78 5.08 6.04
1971 9.64 5.48 6.80
1972 7.35 5.85 7.06
1973 14.20 7.12 7.32
1974 17.88 9.81 8.16
1975 14.10 12.05 8.51
1976 19.77 13.93 9.62
1977 26.39 17.17 11.36
1978 16.54 18.87 12.84
1979 15.59 18.87 14.25
1980 15.21 18.59 15.27
1981 14.41 17.96 15.93
1982 14.01 15.98 16.57
1983 12.22 14.47 16.65
1984 9.03 13.58 16.20
1985 8.18 12.23 15.36
1986 8.25 11.08 14.47
1987 4.60 9.24 12.56
1988 5.84 7.77 11.07
1989 6.89 6.88 10.18
1990 6.55 6.47 9.31
1991 5.53 5.90 8.46
1992 5.35 6.04 7.63
1993 4.93 5.99 6.87
1994 4.34 5.57 6.23
1995 4.32 5.16 5.81
1996 3.21 4.69 5.29
1997 2.01 3.89 4.96
1998 1.41 3.34 4.66
1999 2.92 2.86 4.21
2000 3.96 2.62 3.88
2001 2.71 2.63 3.65
2002 4.00 2.84 3.37
2003 2.60 3.09 3.22
2004 3.23 3.23 3.05
2005 3.74 3.22 2.92
2006 2.67 3.21 2.91
2007 4.22 3.15 3.00
2008 1.43 3.36 3.22
2009 0.79 2.68 2.96
2010 2.99 2.37 2.79
2011 2.38 2.30 2.75
2012 2.87 2.24 2.69
2013 0.25 1.71 2.53
2014 -1.04 1.73 2.21
2015 0.02 1.27 1.82
2016 1.57 0.59 1.44
2017 1.11 0.50 1.36
2018 1.18 0.55 1.13
2019 0.79 0.72 1.23
2020 -0.53 0.76 1.01
2021 6.55 1.41 1.00
2022 5.71 2.66 1.57
2023 3.10 3.03 1.78

More historical data →