Netherlands annual inflation rate 2009-2019

In 2019, the harmonized inflation rate in the Netherlands was 2.7 percent. This was the highest level of inflation reached since 2012, when the inflation was at 2.8 percent. Of the three Benelux countries, the Netherlands saw the lowest inflation. In 2018, the harmonized inflation rate was 2.3 percent in Belgium. Inflation in Luxembourg was only slightly lower.

 HCIP forecast

  In the next three years, the harmonized inflation rate in the Netherlands was forecast to be between 1.4 and 2.6 percent annually. According to the European Commission forecast, the inflation rate would peak in 2019, before slightly decreasing again the next years.

Inflation in the Caribbean

  In the Caribbean part of the Kingdom of the Netherlands, inflation was considerably lower than on the European mainland. Although the inflation rate in Curaçao was 2.6 percent in 2018, in 2015 and 2016 inflation had been -0.5 and 0 percent respectively. In Sint Maarten, the inflation rate reached 0.1 percent in 2016. Finally, Aruba had negative inflation for two consecutive years in a row before increasing to 3.6 percent in 2018.

Annual inflation rate in the Netherlands from 2009 to 2019 (HICP compared to the previous year)*

Inflation rate
2019**2.7%
20181.6%
20171.3%
20160.1%
20150.2%
20140.3%
20132.6%
20122.8%
20112.5%
20100.9%
20091%
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Source

Release date

January 2020

Region

Netherlands

Survey time period

2009 to 2019

Supplementary notes

* Price development in relation to the harmonised index (HICP).

** Provisional figure.

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Statistics on "Key economic indicators in the Netherlands"

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