View €100 in 1997 → **2023**

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€100 in 1997 is equivalent in purchasing power to about €146.37 in 2020, an increase of €46.37 over 23 years. The euro had an average inflation rate of 1.67% per year between 1997 and 2020, producing a cumulative price increase of 46.37%.

This means that prices in 2020 are 1.46 times as high as average prices since 1997, according to the European Central Bank consumer price index.

The inflation rate in 1997 was 1.70%. The inflation rate in 2020 was 0.74%. The 2020 inflation rate is lower compared to the average inflation rate of 4.15% per year between 2020 and 2023.

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Cumulative price change | 46.37% |

Average inflation rate | 1.67% |

Converted amount €100 base | €146.37 |

Price difference €100 base | €46.37 |

CPI in 1997 | 72.555 |

CPI in 2020 | 106.201 |

Inflation in 1997 | 1.70% |

Inflation in 2020 | 0.74% |

€100 in 1997 | €146.37 in 2020 |

This chart shows a calculation of buying power equivalence for €100 in 1997 (price index tracking began in 1996).

For example, if you started with €100, you would need to end with €146.37 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When €100 is equivalent to €146.37 over time, that means that the "real value" of a single Euro euro decreases over time. In other words, a euro will pay for fewer items at the store.

This effect explains how inflation erodes the value of a euro over time. By calculating the value in 1997 dollars, the chart below shows how €100 is worth less over 23 years.

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

This conversion table shows various other 1997 amounts in 2020 euros, based on the 46.37% change in prices:

Initial value | Equivalent value |
---|---|

€1 euro in 1997 | €1.46 euros in 2020 |

€5 euros in 1997 | €7.32 euros in 2020 |

€10 euros in 1997 | €14.64 euros in 2020 |

€50 euros in 1997 | €73.19 euros in 2020 |

€100 euros in 1997 | €146.37 euros in 2020 |

€500 euros in 1997 | €731.86 euros in 2020 |

€1,000 euros in 1997 | €1,463.73 euros in 2020 |

€5,000 euros in 1997 | €7,318.64 euros in 2020 |

€10,000 euros in 1997 | €14,637.29 euros in 2020 |

€50,000 euros in 1997 | €73,186.43 euros in 2020 |

€100,000 euros in 1997 | €146,372.87 euros in 2020 |

€500,000 euros in 1997 | €731,864.33 euros in 2020 |

€1,000,000 euros in 1997 | €1,463,728.67 euros in 2020 |

Our calculations use the following inflation rate formula to calculate the change in value between 1997 and 2020:

CPI in 2020 CPI in 1997

×

1997 EUR value

=

2020 EUR value

Then plug in historical CPI values. The Euro CPI was 72.555 in the year 1997 and 106.2008333 in 2020:

106.200833372.555

×

€100

=

€100 in 1997 has the same "purchasing power" or "buying power" as €146.37 in 2020.

To get the total inflation rate for the 23 years between 1997 and 2020, we use the following formula:

CPI in 2020 - CPI in 1997CPI in 1997

×

100

=

Plugging in the values to this equation, we get:

106.2008333 - 72.55572.555

×

100

=

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: “€100 in 1997 → 2020 | Euro Inflation Calculator.” Official Inflation Data, Alioth Finance, 29 May. 2023, https://www.officialdata.org/europe/inflation/1997?endYear=2020&amount=100.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

Cumulative price change | 46.37% |

Average inflation rate | 1.67% |

Converted amount €100 base | €146.37 |

Price difference €100 base | €46.37 |

CPI in 1997 | 72.555 |

CPI in 2020 | 106.201 |

Inflation in 1997 | 1.70% |

Inflation in 2020 | 0.74% |

€100 in 1997 | €146.37 in 2020 |