Inflation rates by country and year

-0.1%3.2%6.4%9.6%12.8%
-0.1%3.2%6.4%9.6%12.8%
19600.3%
19922.4%
20252.5%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate2.5%

Behind the curve

Turning points in Belgium

  1. 1973↑ Upward pressure

    The first oil crisis — Wikipedia (opens in a new tab)

    The oil shock increased Belgium’s imported energy costs and fed into the price pressures of the 1970s.

    Statbel · Consumer price index
  2. 2009↓ Downward pressure

    The financial crisis and lower energy prices — Wikipedia (opens in a new tab)

    The global recession and falling energy prices brought Belgian inflation close to zero in 2009.

    Statbel · Consumer price index, 1994–2020
  3. 2020↓ Downward pressure

    The pandemic and lower demand — Wikipedia (opens in a new tab)

    The pandemic reduced demand and energy prices, leaving Belgium with only modest consumer-price growth in 2020.

    Statbel · Consumer price index, 1994–2020
  4. 2022↑ Upward pressure

    Gas, electricity and the war in Ukraine — Wikipedia (opens in a new tab)

    Belgian energy-product inflation averaged 57.9% in 2022. The war in Ukraine reduced gas supply and energy prices fed through into food and services.

    FPS Economy · Price analysis 2022 National Bank of Belgium · Energy prices and inflation

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Belgium?

The annual inflation rate in Belgium was 2.5% in 2025, the most recent year in the World Bank dataset. That means prices rose 2.5% on average compared with the year before. Use the chart above to explore Belgium's full inflation history from 1960 to 2025, and to compare it with any other country.

How inflation in Belgium has changed

Inflation in Belgium peaked at 12.8% in 1975 and reached its lowest point at -0.1% in 2009. Averaged across the 66 years of available data (1960–2025), the rate has been 3.5% per year.

Frequently asked questions about inflation in Belgium

What is the current inflation rate in Belgium?

The latest available annual figure is 2.5% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Belgium's statistical office.

What was the highest inflation rate in Belgium?

The highest annual inflation rate on record is 12.8%, reached in 1975.

What was the lowest inflation rate in Belgium?

The lowest annual inflation rate on record is -0.1%, recorded in 2009.

Where does the inflation data for Belgium come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.