Switzerland Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Switzerland's inflation rate was 0.14% in 2025, ranked 183rd globally. This represents a 86.6% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Switzerland's inflation rate stood at 0.14% in 2025, a decline of +0.92pp from 2024. The IMF projects 0.14% by 2025. Switzerland ranked 183rd globally.
Switzerland's inflation rate has demonstrated a relatively stable trajectory over the past 66 years, with a notable exception being the 1974 peak of 9.77%, a stark contrast to the -1.14% trough in 2015. Since then, the country's inflation rate has largely declined, with the current rate of 0.14% ranking 183 globally. Comparatively, Liechtenstein's inflation rate, another economically stable nation, stands at a similar 0.15%. The Swiss National Bank's monetary policies have likely played a crucial role in maintaining this stability. Despite the recent trend, Switzerland's inflation rate remains susceptible to external factors such as changes in global commodity prices and shifts in the US Federal Reserve's monetary policies. A significant increase in domestic demand or a surge in global commodity prices could potentially alter the trajectory of Switzerland's inflation rate, pushing it upwards.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 0.71% | - | - |
| 2029* IMF | 0.71% | - | - |
| 2028* IMF | 0.71% | - | - |
| 2027* IMF | 0.66% | - | - |
| 2026* IMF | 0.56% | - | - |
| 2025* IMF | 0.14% | - | - |
| 2025 | 0.14% | −0.92pp | #183 |
| 2024 | 1.06% | −1.07pp | #27 |
| 2023 | 2.14% | −0.70pp | #21 |
| 2022 | 2.84% | +2.25pp | #18 |
| 2021 | 0.58% | +1.31pp | #13 |
| 2020 | -0.73% | −1.09pp | #17 |
| 2019 | 0.36% | −0.57pp | #28 |
| 2018 | 0.94% | +0.40pp | #32 |
| 2017 | 0.53% | +0.97pp | #23 |
| 2016 | -0.43% | +0.71pp | #30 |
| 2015 | -1.14% | −1.13pp | #9 |
| 2014 | -0.01% | +0.20pp | #25 |
| 2013 | -0.22% | +0.48pp | #10 |
| 2012 | -0.69% | −0.92pp | #4 |
| 2011 | 0.23% | −0.46pp | #5 |
Detected Pattern
Analysis
Switzerland matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →
Switzerland's current low inflation rate of 0.14% is observed alongside strong September trade figures. Both imports (22315M) and exports (2362
Frequently Asked Questions
Switzerland's inflation rate was 0.14% in 2025. Ranked 183rd globally. This represents a 86.6% decrease from the previous year.
Switzerland's inflation rate peaked at 9.77% in 1974.
The lowest inflation rate in Switzerland was -1.14% in 2015.
Switzerland ranks 183rd globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Switzerland's inflation rate is projected to reach 0.14% by 2025 based on IMF projection.
The inflation rate of Switzerland in 2025 was 0.14%. This ranks 183rd in the world.
Cite this page
@misc{historysaid_switzerland_inflation-rate,
title = {Switzerland Inflation Rate},
url = {https://historysaid.com/switzerland/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}