Inflation rates by country and year

-0.2%4.3%8.8%13.3%17.8%
-0.2%4.3%8.8%13.3%17.8%
19603.4%
19922.9%
20250.3%
Source: World Bank

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

Year2025Inflation Rate0.3%

Behind the curve

Turning points in Finland

  1. 1973↑ Upward pressure

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

    The first oil crisis hit Finland during an already overheated 1973 economy; quadrupling oil prices added a fresh cost shock and accelerated domestic inflation.

    Bank of Finland · Bank of Finland 200 Years, Part II: Parliament's Bank
  2. 1979↑ Upward pressure

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

    Oil prices trebled again in the 1979–80 crisis, extending the imported-cost shock that Finnish policymakers had already struggled to contain after 1973.

    Bank of Finland · Bank of Finland 200 Years, Part II: Parliament's Bank
  3. 1991↓ Downward pressure

    The early-1990s depression — Wikipedia (opens in a new tab)

    A deep recession and banking crisis in the early 1990s brought Finnish inflation down sharply after the 1980s boom.

    IMF · Finland: 1995 Article IV Consultation
  4. 2009↓ Downward pressure

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

    The global downturn cut demand and commodity prices, pulling Finnish inflation to very low levels in 2009.

    IMF · Finland: Selected Issues and Analytical Notes (2012)
  5. 2020↓ Downward pressure

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

    The pandemic weakened demand and energy prices, keeping Finnish inflation subdued before the recovery.

    Bank of Finland · Annual Report 2020: COVID-19 crisis drove the Finnish economy into recession
  6. 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 Finnish inflation to its highest level in decades.

    OECD · Economic Surveys: Finland 2022

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 Finland?

The annual inflation rate in Finland was 0.3% in 2025, the most recent year in the World Bank dataset. That means prices rose 0.3% on average compared with the year before. Use the chart above to explore Finland's full inflation history from 1960 to 2025, and to compare it with any other country.

How inflation in Finland has changed

Inflation in Finland peaked at 17.8% in 1975 and reached its lowest point at -0.2% in 2015. Averaged across the 66 years of available data (1960–2025), the rate has been 4.5% per year.

Frequently asked questions about inflation in Finland

What is the current inflation rate in Finland?

The latest available annual figure is 0.3% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Finland's statistical office.

What was the highest inflation rate in Finland?

The highest annual inflation rate on record is 17.8%, reached in 1975.

What was the lowest inflation rate in Finland?

The lowest annual inflation rate on record is -0.2%, recorded in 2015.

Where does the inflation data for Finland 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.