Spain vs Switzerland: Inflation

Inflation in 2025: 2.7% a year in Spain and 0.2% a year in Switzerland, by IMF estimates. In 2025 the value was higher in Spain, by 2.5 percentage points, or 18 times that in Switzerland.

Watch it change on the map

% a year · IMF

SpainSwitzerlandIMF projection (World Economic Outlook, October 2026)

What the numbers say

Spain has been higher since 2015, when it overtook Switzerland.
The IMF projection (World Economic Outlook, October 2026) puts Spain at 2% a year and Switzerland at 0.7% a year in 2031.

Every year

% a year · IMF

Year	Spain	Switzerland
2025	2.7	0.2
2024	2.9	1.1
2023	3.4	2.1
2022	8.3	2.8
2021	3	0.6
2020	-0.3	-0.7
2019	0.8	0.4
2018	1.7	0.9
2017	2	0.5
2016	-0.3	-0.4
2015	-0.6	-1.1
2014	-0.2	-0
2013	1.5	-0.2
2012	2.4	-0.7
2011	3.1	0.2
2010	2	0.7
2009	-0.2	-0.5
2008	4.1	2.4
2007	2.8	0.7
2006	3.6	1.1
2005	3.4	1.2
2004	3.1	0.8
2003	3.1	0.6
2002	3.6	0.6
2001	2.8	1
2000	3.5	1.6
1999	2.2	0.8
1998	1.8	0
1997	1.9	0.5
1996	3.6	0.8
1995	4.7	1.8
1994	4.7	0.9
1993	4.6	3.3
1992	7.1	4
1991	5.9	5.9
1990	6.7	5.4
1989	6.8	3.2
1988	4.8	1.9
1987	5.2	1.4
1986	8.8	0.7
1985	8.8	3.4
1984	11.3	2.9
1983	12.2	2.9
1982	14.4	5.7
1981	14.6	6.5
1980	15.6	4

IMF projection (World Economic Outlook, October 2026) · 2026–2031

Year	Spain	Switzerland
2026	3.7	0.7
2027	2.7	0.8
2028	2.5	0.8
2029	2	0.7
2030	2	0.7
2031	2	0.7

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

Spain vs Switzerland: Inflation

What the numbers say

Every year

Each country on its own

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