The statistic shows the inflation rate in the Netherlands from 1987 to 2023, with projections up until 2029. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2023, the average inflation rate in the Netherlands was about 4.12 percent compared to the previous year.

Economy of the Netherlands

The Netherlands has an open economy, which implies that the country is highly dependent on foreign activities, such as imports and exports. The country’s economic policies and regulations have allowed for the country to highly benefit from strong international relations, however have increased the chances of economic struggles that correspond with the economic situations in other countries as well. The Netherlands is one of the main countries for foreign direct investments in Europe due to its strategic location, superior technological infrastructure as well as international business environment, a reputation that has all but grown more formidable over the years. Additionally, the country’s tourism industry makes up a rather large part of its GDP.

Despite feeling the effects of the global financial crisis of 2008 as well as the Eurozone crisis, many aspects of the Dutch economy are highly prosperous, most notably with its low inflation rates. Unemployment within the country, in spite of a slight increase over the past several years, has remained relatively low in comparison many other European countries that were equally as affected by recession.

The Consumer Price Index in Netherlands increased 1.10 percent in February of 2025 over the previous month. This dataset provides - Netherlands Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Russia-Ukraine has been a factor in the inflation rate in the Netherlands, which has gone up to as high as 14.5 percent in September of 2022. Up until then, Dutch prices were lower than the two percent mark that the European Central Bank strives towards, as a consequence of the coronavirus (COVID-19). In January 2025, the inflation rate was 3.3 percent.

Cost of food in Netherlands increased 4.30 percent in February of 2025 over the same month in the previous year. This dataset provides - Netherlands Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the inflation rate of the Netherlands decreased by 6.2 percentage points (-62 percent) compared to 2022. This was a significant decrease in the inflation rate. Nevertheless, the last two years recorded a significantly higher inflation rate than the preceding years.Find more statistics on other topics about the Netherlands with key insights such as consumer price index (cpi) of ice cream and consumer price index (cpi) of food.

In 2022, the Consumer Price Index or CPI inflation rate of the Netherlands increased by 10 percent having grown to its highest level since 1992. With inflation rates hitting 10 percent, the Netherlands were significantly over the ideal set by the European Central Bank of two percent.

Harmonised Inflation Rate YoY in Netherlands increased to 3.50 percent in February from 2.90 percent in January of 2025. This dataset includes a chart with historical data for Netherlands Harmonised Inflation Rate YoY.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in the Netherlands was 3.5 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 3.01 percent. Compared to a year ago, we see an increase from...

Inflation, monthly percent change in the CPI in the Netherlands, February, 2025 The most recent value is 1.43 percent as of February 2025, an increase compared to the previous value of -0.74 percent. Historically, the average for the Netherlands from February 1996 to February 2025 is 0.2 percent. The minimum of -3.9 percent was recorded in November 2022, while the maximum of 4.43 percent was reached in March 2022. | TheGlobalEconomy.com

The Netherlands experienced an inflation rate of three percent in December of 2024, which was not equal among all the different sectors of the Dutch economy. The alcohol and tobacco sector experienced one of the highest inflation rates in December of 2024, at 21.7 percent. By contrast, the CPI of the communication sector experienced a decrease of around 0.4 percent compared to the same month of 2024.

Harmonised Inflation Rate MoM in Netherlands increased to 1.40 percent in February from -0.70 percent in January of 2025. This dataset includes a chart with historical data for Netherlands Harmonised Inflation Rate MoM.

The inflation rates of energy commodity prices in the Netherlands began to increase significantly in 2021. Electricity and gas have seen the steepest rise, with the inflation rate peaking in September 2022. These increases in inflation were driven by Russia's invasion of Ukraine, which has caused uncertainty over Europe's security of gas supply, as well as intense energy price volatility. However, since the beginning of 2023, energy commodity prices have shown a decrease in the country.

Rent Inflation in Netherlands remained unchanged at 5.40 percent in February. This dataset includes a chart with historical data for Netherlands Rent Inflation.

This table shows inflation, derived inflation and underlying inflation rates. Underlying inflation equals the inflation or derived inflation, excluding certain volatile items or series that are affected by factors other than general economic conditions, for example prices of fuel, vegetables, fruit and government taxes.

Data available from: January 2006 till December 2015

Status of the figures: The figures in this table are final.

Changes as of 16 June 2016: None, this table is stopped.

Changes as of 10 December 2015: On 1 October 2015, the points system for the pricing of rental homes was adjusted by the Dutch national government. As a direct consequence, rental prices of a limited number of dwellings were reduced, which had a downward effect on the average rental price. The effect of this decrease on the rental price indices and imputed rent value could not be determined in time because housing associations announced the impact of rent adjustments only in November. For this reason, the figures of the groups 04100 ‘Actual rentals for housing’ and 04200 ‘Imputed rent value’ over October 2015 have now been adjusted.

The figures of the groups 061100 ‘Pharmaceutical products’, 061200 ‘Other medical products, equipment’, 072200 ‘Fuels and lubricants’ and 083000 ‘Telephone and internet services’ over the months June through September 2015 have been corrected. This has no impact on the headline indices.

The derived CPI decreased by 0.01 index point over August 2015.

Inflation rate (GDP deflator) of Netherlands soared by 19.30% from 6.2 % in 2022 to 7.3 % in 2023. Since the 22.20% drop in 2020, inflation rate (GDP deflator) rocketed by 211.74% in 2023. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

The food sector in the Netherland experienced an inflation rate of 2.2 percent in December 2024, indicating that the consumer price index (CPI) for food had increased considerably in comparison to the same month in the previous year. This is a significant difference to last year, when the inflation rate dipped into the negative, indicating deflation.

Netherlands NL: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 1.146 % in 2017. This records an increase from the previous number of 0.584 % for 2016. Netherlands NL: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 1.766 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 4.178 % in 2001 and a record low of 0.142 % in 2011. Netherlands NL: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Netherlands – Table NL.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Netherlands (CPGRLE01NLQ657N) from Q2 1960 to Q3 2023 about Netherlands, core, all items, CPI, inflation, price index, indexes, and price.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Netherlands (CPGRLE01NLA657N) from 1961 to 2022 about Netherlands, core, all items, CPI, inflation, price index, indexes, and price.

Key information about Netherlands Consumer Price Index CPI growth

• Netherlands Consumer Price Index (CPI) growth was measured at 3.8 % YoY in Feb 2025, compared with a rate of 3.3 % in the previous month.
• Netherlands Consumer Price Index growth data is updated monthly, available from Jan 1958 to Feb 2025, with an averaged number of 2.6 % YoY.
• The data reached an all-time high of 14.5 % YoY in Sep 2022 and a record low of -2.5 % YoY in Aug 1958.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. Statistics Netherlands provides Consumer Price Index with base 2015=100. Consumer Price Index Growth prior to January 1997 is sourced from the International Monetary Fund. [COVID-19-IMPACT]