Inflation rates by country and year

-0.2%19.9%40%60.2%80.3%376.7%4,734.9%
-0.2%19.9%40%60.2%80.3%376.7%4,734.9%
19934734.9%
200915.9%
202512.7%
Source: World Bank

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

Year2025Inflation Rate12.7%

Behind the curve

Turning points in Ukraine

  1. 1993↑ Upward pressure

    The hryvnia's early years — Wikipedia (opens in a new tab)

    The early post-Soviet years brought hyperinflation before the hryvnia was introduced in 1996.

    National Bank of Ukraine
  2. 2014↑ Upward pressure

    The hryvnia's collapse — Wikipedia (opens in a new tab)

    The 2014 conflict and the hryvnia's collapse lifted import prices and inflation sharply.

    National Bank of Ukraine
  3. 2022↑ Upward pressure

    The Russian invasion — Wikipedia (opens in a new tab)

    Russia's full-scale invasion in 2022 disrupted supply and the hryvnia, pushing inflation to multi-year highs.

    National Bank of Ukraine

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 Ukraine?

The annual inflation rate in Ukraine was 12.7% in 2025, the most recent year in the World Bank dataset. That means prices rose 12.7% on average compared with the year before. Use the chart above to explore Ukraine's full inflation history from 1993 to 2025, and to compare it with any other country.

How inflation in Ukraine has changed

Inflation in Ukraine peaked at 4734.9% in 1993 and reached its lowest point at -0.2% in 2013. Averaged across the 33 years of available data (1993–2025), the rate has been 195.6% per year.

Frequently asked questions about inflation in Ukraine

What is the current inflation rate in Ukraine?

The latest available annual figure is 12.7% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Ukraine's statistical office.

What was the highest inflation rate in Ukraine?

The highest annual inflation rate on record is 4734.9%, reached in 1993.

What was the lowest inflation rate in Ukraine?

The lowest annual inflation rate on record is -0.2%, recorded in 2013.

Where does the inflation data for Ukraine 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.