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Italy Inflation Rate

Consumer price inflation, annual %  FP.CPI.TOTL.ZG

Italy's inflation rate was 1.66% in 2025, ranked 150th globally. This represents a 68.7% increase from 2024. Data from World Bank, covering 1960–2025.

1.66% +0.67pp (+68.7%)
Year 2025 Rank #150 Global Peak 21.06% (1980) Source World Bank

Italy Inflation Rate (1960–2025)

Overview

Italy's inflation rate stood at 1.66% in 2025, a rise of +0.67pp from 2024. The IMF projects 1.66% by 2025. Italy ranked 150th globally.

Italy’s inflation rate in 2025 stood at 1.66 %, placing the country 150th in the global ranking and closely matching peers such as Ireland (1.67 %) and Cambodia (1.63 %). The figure represents a modest recovery from the all‑time trough of –0.14 % recorded in 2020, when the pandemic‑driven demand shock pushed prices into deflation. Yet it remains far below the post‑oil‑crisis peak of 21.06 % reached in 1980, a period marked by volatile energy markets and expansive fiscal stimulus. Over the 66‑year coverage span, Italy’s inflation trajectory has oscillated between high‑inflation episodes of the 1970s‑80s and the low‑inflation environment of the 2010s, reflecting structural shifts in wage bargaining, monetary policy alignment with the European Central Bank, and demographic trends. Absent significant external shocks or a decisive change in ECB policy, the modest upward bias observed in recent years suggests Italy will likely maintain inflation near the low‑single‑digit range in the near term.

Data & projection

Year Inflation Rate YoY change Rank
2030* IMF 2.00% - -
2029* IMF 2.00% - -
2028* IMF 2.00% - -
2027* IMF 2.00% - -
2026* IMF 2.01% - -
2025* IMF 1.66% - -
2025 1.66% +0.67pp #150
2024 0.98% −4.92pp #22
2023 5.62% −3.11pp #93
2022 8.20% +6.26pp #102
2021 1.87% +2.02pp #46
2020 -0.14% −0.77pp #33
2019 0.61% −0.63pp #40
2018 1.14% −0.19pp #47
2017 1.23% +1.28pp #50
2016 -0.09% −0.20pp #42
2015 0.04% −0.20pp #52
2014 0.24% −1.00pp #35
2013 1.22% −2.10pp #50
2012 3.04% +0.11pp #83
2011 2.78% +1.16pp #37
Show all years (1960-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +23.1% GDP growth 2.9% C/A balance 0.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Italy matched the Export Boom Cycle pattern in 1986. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →

Declining European bond yields may indicate easing financial conditions or expectations of lower future inflation within the Eurozone, potentially contributing to Italy's current inflation rate of 1.66%. Conversely, a softening

Frequently Asked Questions

What is Italy's inflation rate?▾

Italy's inflation rate was 1.66% in 2025. Ranked 150th globally. This represents a 68.7% increase from the previous year.

What was the highest inflation rate in Italy?▾

Italy's inflation rate peaked at 21.06% in 1980.

What was the lowest inflation rate in Italy?▾

The lowest inflation rate in Italy was -0.14% in 2020.

How does Italy rank in inflation rate?▾

Italy ranks 150th globally in inflation rate as of 2025.

What is the World Bank indicator code for inflation rate?▾

The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.

What is the projected inflation rate of Italy in 2025?▾

Italy's inflation rate is projected to reach 1.66% by 2025 based on IMF projection.

What is the inflation rate of Italy in 2025?▾

The inflation rate of Italy in 2025 was 1.66%. This ranks 150th in the world.

Cite this page

APA
Italy Inflation Rate. HistorySaid. Retrieved October 30, 2026, from https://historysaid.com/italy/inflation-rate/
BibTeX
@misc{historysaid_italy_inflation-rate, title = {Italy Inflation Rate}, url = {https://historysaid.com/italy/inflation-rate/}, publisher = {HistorySaid}, year = {2026} }

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