Inflation rates by country and year

-1.1%1.6%4.3%7%9.8%
-1.1%1.6%4.3%7%9.8%
19601.4%
19924.0%
20250.2%
Source: World Bank

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

Year2025Inflation Rate0.2%

Behind the curve

Turning points in Switzerland

  1. 2015↓ Downward pressure

    The franc's appreciation — Wikipedia (opens in a new tab)

    The removal of the franc's euro floor in January 2015 sent the franc soaring, importing deflation for several years.

    Swiss National Bank · After the minimum exchange rate: new monetary policy challenges
  2. 2022↑ Upward pressure

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

    Higher global energy and food prices lifted Swiss inflation in 2022, though it stayed low by international standards.

    Swiss National Bank · News conference, 22 September 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 Switzerland?

The annual inflation rate in Switzerland was 0.2% in 2025, the most recent year in the World Bank dataset. That means prices rose 0.2% on average compared with the year before. Use the chart above to explore Switzerland's full inflation history from 1960 to 2025, and to compare it with any other country.

How inflation in Switzerland has changed

Inflation in Switzerland peaked at 9.8% in 1974 and reached its lowest point at -1.1% in 2015. Averaged across the 66 years of available data (1960–2025), the rate has been 2.3% per year.

Frequently asked questions about inflation in Switzerland

What is the current inflation rate in Switzerland?

The latest available annual figure is 0.2% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Switzerland's statistical office.

What was the highest inflation rate in Switzerland?

The highest annual inflation rate on record is 9.8%, reached in 1974.

What was the lowest inflation rate in Switzerland?

The lowest annual inflation rate on record is -1.1%, recorded in 2015.

Where does the inflation data for Switzerland 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.