Inflation rates by country and year

-0.5%5.4%11.4%17.3%23.3%
-0.5%5.4%11.4%17.3%23.3%
19929.9%
20084.6%
20254.0%
Source: World Bank

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

Year2025Inflation Rate4.0%

Behind the curve

Turning points in Slovak Republic

  1. 1993↑ Upward pressure

    The economy of Slovakia — Wikipedia (opens in a new tab)

    The early post-independence transition and price liberalisation produced high inflation.

    National Bank of Slovakia
  2. 2008↑ Upward pressure

    The world food price crisis — Wikipedia (opens in a new tab)

    The 2007–08 global food and fuel surge pushed Slovak inflation to a peak in 2008.

    National Bank of Slovakia
  3. 2022↑ Upward pressure

    The post-pandemic inflation surge — Wikipedia (opens in a new tab)

    Higher energy and food prices pushed Slovak inflation to multi-year highs in 2022.

    National Bank of Slovakia

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 Slovak Republic?

The annual inflation rate in Slovak Republic was 4.0% in 2025, the most recent year in the World Bank dataset. That means prices rose 4.0% on average compared with the year before. Use the chart above to explore Slovak Republic's full inflation history from 1992 to 2025, and to compare it with any other country.

How inflation in Slovak Republic has changed

Inflation in Slovak Republic peaked at 23.3% in 1993 and reached its lowest point at -0.5% in 2016. Averaged across the 34 years of available data (1992–2025), the rate has been 5.6% per year.

Frequently asked questions about inflation in Slovak Republic

What is the current inflation rate in Slovak Republic?

The latest available annual figure is 4.0% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Slovak Republic's statistical office.

What was the highest inflation rate in Slovak Republic?

The highest annual inflation rate on record is 23.3%, reached in 1993.

What was the lowest inflation rate in Slovak Republic?

The lowest annual inflation rate on record is -0.5%, recorded in 2016.

Where does the inflation data for Slovak Republic 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.