Inflation rates by country and year

0%3.8%7.6%11.5%15.3%
0%3.8%7.6%11.5%15.3%
19601.3%
19922.1%
20251.9%
Source: World Bank

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

Year2025Inflation Rate1.9%

Behind the curve

Turning points in Denmark

  1. 1973↑ Upward pressure

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

    The oil shock raised Denmark's imported energy costs and fed into the wage and price increases of the mid-1970s.

    OECD · Denmark economic snapshot
  2. 1979↑ Upward pressure

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

    The second oil shock pushed energy costs higher again, keeping Danish inflation elevated into the early 1980s.

    OECD · Denmark economic snapshot
  3. 2009↓ Downward pressure

    The global financial crisis — Wikipedia (opens in a new tab)

    The global downturn weakened demand and energy prices, pulling Danish inflation sharply lower after the 2008 commodity spike.

    OECD · Denmark economic snapshot
  4. 2020↓ Downward pressure

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

    The pandemic weakened demand and energy prices, keeping Danish inflation subdued before the later reopening.

    OECD · Denmark economic snapshot
  5. 2022↑ Upward pressure

    Energy and food price surge — Wikipedia (opens in a new tab)

    Surging energy and food prices after Russia's invasion of Ukraine drove Danish inflation to its highest level in decades.

    OECD · Denmark economic snapshot IMF · World Economic Outlook database

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 Denmark?

The annual inflation rate in Denmark was 1.9% in 2025, the most recent year in the World Bank dataset. That means prices rose 1.9% on average compared with the year before. Use the chart above to explore Denmark's full inflation history from 1960 to 2025, and to compare it with any other country.

How inflation in Denmark has changed

Inflation in Denmark peaked at 15.3% in 1974 and reached its lowest point at 0.3% in 2016. Averaged across the 66 years of available data (1960–2025), the rate has been 4.3% per year.

Frequently asked questions about inflation in Denmark

What is the current inflation rate in Denmark?

The latest available annual figure is 1.9% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Denmark's statistical office.

What was the highest inflation rate in Denmark?

The highest annual inflation rate on record is 15.3%, reached in 1974.

What was the lowest inflation rate in Denmark?

The lowest annual inflation rate on record is 0.3%, recorded in 2016.

Where does the inflation data for Denmark 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.