# €100 in 2002 → €129.91 in 2018

## Euro Inflation Calculator

### Euro Inflation Rate, €100 in 2002 to 2018

According to the European Central Bank consumer price index, the euro experienced an average inflation rate of 1.65% per year. Prices in 2018 are 29.9% higher than prices in 2002.

In other words, €100 in 2002 is equivalent in purchasing power to €129.91 in 2018, a difference of €29.91 over 16 years.

The current inflation rate is now 1.50%1. If this number holds, €100 today will be equivalent to €101.50 next year.

 Cumulative price change 29.91% Average inflation rate 1.65% Converted amount (€100 base) €129.91 Price difference (€100 base) €29.91 CPI in 2002 79.52583333 CPI in 2018 103.31

### How to calculate the inflation rate for €100 since 2002

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 2002 * 2002 EUR value = 2018 EUR value

Then plug in historical CPI values. The Euro CPI was 79.52583333 in the year 2002 and 103.31 in 2018:

103.31 / 79.52583333 * €100 = €129.91

€100 in 2002 has the same "purchasing power" or "buying power" as €129.91 in 2018.

Here are calculations of buying power over time for €100 in 2002 (price index tracking began in 1996). Each of these EUR amounts below is equivalent in terms of what it could buy at the time:
Year EUR Value Inflation Rate
2002 €100.00 2.27%
2003 €102.12 2.12%
2004 €104.34 2.18%
2005 €106.63 2.20%
2006 €108.99 2.21%
2007 €111.35 2.17%
2008 €115.07 3.34%
2009 €115.43 0.32%
2010 €117.30 1.61%
2011 €120.49 2.72%
2012 €123.50 2.50%
2013 €125.16 1.35%
2014 €125.70 0.43%
2015 €125.75 0.03%
2016 €126.05 0.24%
2017 €127.99 1.54%
2018 €129.91 1.50%*
* Not final. See inflation summary for latest details.

### News headlines from 2002

Politics and news often influence economic performance. Here's what was happening at the time:

• United States deploys conventional forces as part of Operation Anaconda during the US invasion of Afghanistan.
• Jimmy Carter visits Cuba, marking the first time an American president has visited the Island since 1959.
• It is announced that Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, and Slovenia will become members of the European Union from May 1, 2004.

### Inflation Data Source

Raw data for these calculations comes from the European Commission and the European Central Bank's Harmonized Index of Consumer prices (HICP), which is computed based on the reported consumer price indices in member countries of the European Union.

You may use the following MLA citation for this page: “2002 euros in 2018 | Euro Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 13 Jun. 2018, https://www.officialdata.org/2002-euro-in-2018.