Italy vs Spain: Inflation
Inflation in 2025: 1.6% a year in Italy and 2.7% a year in Spain, by IMF estimates. In 2025 the value was higher in Spain, by 1.1 percentage points, or 1.65 times that in Italy.
ItalySpain
Watch it change on the map% a year · IMF
Latest figures
% a year · IMF
| Country | Latest | 10 years before | Rank in 2025 | Projected |
|---|---|---|---|---|
| Italy | 1.6 2025 | 0.2 | 128 of 179 | 2 2031 |
| Spain | 2.7 2025 | -0.6 | 94 of 179 | 2 2031 |
What the numbers say
- Spain has been higher since 2024, when it overtook Italy.
- In 2025, Italy ranked 128 and Spain ranked 94 of 179 countries, counting from the highest.
- The IMF projection (World Economic Outlook, October 2026) puts Italy at 2% a year and Spain at 2% a year in 2031.
Every year
% a year · IMF
| Year | Italy | Spain |
|---|---|---|
| 2025 | 1.6 | 2.7 |
| 2024 | 1.1 | 2.9 |
| 2023 | 5.9 | 3.4 |
| 2022 | 8.7 | 8.3 |
| 2021 | 2 | 3 |
| 2020 | -0.2 | -0.3 |
| 2019 | 0.7 | 0.8 |
| 2018 | 1.2 | 1.7 |
| 2017 | 1.3 | 2 |
| 2016 | -0.1 | -0.3 |
| 2015 | 0.2 | -0.6 |
| 2014 | 0.2 | -0.2 |
| 2013 | 1.3 | 1.5 |
| 2012 | 3.3 | 2.4 |
| 2011 | 2.9 | 3.1 |
| 2010 | 1.6 | 2 |
| 2009 | 0.8 | -0.2 |
| 2008 | 3.5 | 4.1 |
| 2007 | 2 | 2.8 |
| 2006 | 2.2 | 3.6 |
| 2005 | 2.2 | 3.4 |
| 2004 | 2.3 | 3.1 |
| 2003 | 2.8 | 3.1 |
| 2002 | 2.6 | 3.6 |
| 2001 | 2.3 | 2.8 |
| 2000 | 2.6 | 3.5 |
| 1999 | 1.6 | 2.2 |
| 1998 | 2 | 1.8 |
| 1997 | 1.9 | 1.9 |
| 1996 | 3.9 | 3.6 |
| 1995 | 5.4 | 4.7 |
| 1994 | 4.2 | 4.7 |
| 1993 | 4.5 | 4.6 |
| 1992 | 5 | 7.1 |
| 1991 | 6.2 | 5.9 |
| 1990 | 6.4 | 6.7 |
| 1989 | 6.2 | 6.8 |
| 1988 | 5.1 | 4.8 |
| 1987 | 4.7 | 5.2 |
| 1986 | 5.8 | 8.8 |
| 1985 | 9 | 8.8 |
| 1984 | 10.7 | 11.3 |
| 1983 | 14.7 | 12.2 |
| 1982 | 16.5 | 14.4 |
| 1981 | 19.5 | 14.6 |
| 1980 | 21.8 | 15.6 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Italy | Spain |
|---|---|---|
| 2026 | 3.3 | 3.7 |
| 2027 | 2.8 | 2.7 |
| 2028 | 2.3 | 2.5 |
| 2029 | 2 | 2 |
| 2030 | 2 | 2 |
| 2031 | 2 | 2 |
Each country on its own
Good to know
- How much consumer prices rose in a year, on average.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 179 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time