€100 in 2007 → €116.67 in 2018

Euro Inflation Calculator

Euro Inflation Rate, €100 in 2007 to 2018

According to the European Central Bank consumer price index, prices in 2018 are 16.67% higher than prices in 2007. The euro experienced an average inflation rate of 1.41% per year during this period.

In other words, €100 in 2007 is equivalent in purchasing power to €116.67 in 2018, a difference of €16.67 over 11 years.

The 2007 inflation rate was 2.17%. The current inflation rate (2017 to 2018) is now 1.50%1. If this number holds, €100 today will be equivalent to €101.50 next year.


Inflation from 2007 to 2018
Cumulative price change 16.67%
Average inflation rate 1.41%
Converted amount (€100 base) €116.67
Price difference (€100 base) €16.67
CPI in 2007 88.54833333
CPI in 2018 103.31
Inflation in 2007 2.17%
Inflation in 2018 1.50%


Euro inflation chart from 1996 to 2017


Buying power of €100 since 2007

This chart shows calculations of buying power equivalence over time for €100 in 2007 (price index tracking began in 1996).

According to the European Central Bank, each of these EUR amounts below is equal in terms of what it could buy at the time:

Year EUR Value Inflation Rate
2007 €100.00 2.17%
2008 €103.34 3.34%
2009 €103.67 0.32%
2010 €105.34 1.61%
2011 €108.21 2.72%
2012 €110.92 2.50%
2013 €112.41 1.35%
2014 €112.90 0.43%
2015 €112.93 0.03%
2016 €113.21 0.24%
2017 €114.94 1.54%
2018 €116.67 1.50%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

How to Calculate Inflation Rate for €100 since 2007

This inflation calculator uses the following inflation rate formula:

CPI in 2018CPI in 2007
×
2007 EUR value
=
2018 EUR value

Then plug in historical CPI values. The Euro CPI was 88.54833333 in the year 2007 and 103.31 in 2018:

103.3188.54833333
×
€100
=
€116.67

€100 in 2007 has the same "purchasing power" or "buying power" as €116.67 in 2018.

To get the total inflation rate for the 11 years between 2007 and 2018, we use the following formula:

CPI in 2018 - CPI in 2007CPI in 2007
×
100
=
Cumulative inflation rate (11 years)

Plugging in the values to this equation, we get:

103.31 - 88.5483333388.54833333
×
100
=
17%

News headlines from 2007

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

  • The British Army withdraws from Northern Ireland, marking the end of, operation Banner - the longest operation in British military history.
  • The South Korean President enters North Korea, crossing the Military Demarcation Line, to the second Inter-Korean Summit with the leader of North Korea.
  • Bulgaria and Romania join the European Union. Aside from Irish, languages of the two countries become official EU languages, amongst 20 others.
  • Slovenia becomes the 13th Eurozone country, after adopting the Euro currency.

Data Source & Citation

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: “2007 euros in 2018 | Euro Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 Sep. 2018, https://www.officialdata.org/2007-euro-in-2018.


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