Italy Inflation Calculator

Result: €100 in 1980 → €583.19 in 2024


Money in Italy has lost 83% of its value since 1980

Updated: April 10, 2025

€100 in 1980 is equivalent in purchasing power to about €583.19 today, an increase of €483.19 over 44 years. The euro had an average inflation rate of 4.09% per year between 1980 and today, producing a cumulative price increase of 483.19%.

This means that today's prices are 5.83 times as high as average prices since 1980, according to the OECD and the World Bank consumer price index for Italy. A euro today only buys 17.147% of what it could buy back then. Currency values from before Italy began using the Euro are converted for the purpose of these calculations by the OECD.

The inflation rate in 1980 was 21.06%. The current inflation rate compared to the end of last year is now 0.76%. If this number holds, €100 today will be equivalent in buying power to €100.76 next year.


Inflation from 1980 to 2024
Cumulative price change483.19%
Average inflation rate4.09%
Converted amount
€100 base
€583.19
Price difference
€100 base
€483.19
CPI in 198020.680
CPI in 2024120.605
Inflation in 198021.06%
Inflation in 20240.76%
€100 in 1980€583.19 in 2024

Italy inflation since 1980
Annual Rate, the OECD and the World Bank CPI
Download

Buying power of €100 in 1980

This chart shows a calculation of buying power equivalence for €100 in 1980 (price index tracking began in 1955).

For example, if you started with €100, you would need to end with €583.19 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When €100 is equivalent to €583.19 over time, that means that the "real value" of a single Italian 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 1980 dollars, the chart below shows how €100 is worth less over 44 years.

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

Euro inflation: 1980-2024
YearEuro ValueInflation Rate
1980€100.0021.06%
1981€117.9717.97%
1982€137.4116.48%
1983€157.5414.65%
1984€174.5410.79%
1985€190.619.21%
1986€201.715.82%
1987€211.294.75%
1988€221.975.06%
1989€235.876.26%
1990€251.106.46%
1991€266.796.25%
1992€280.855.27%
1993€293.854.63%
1994€305.754.05%
1995€321.765.24%
1996€334.664.01%
1997€341.492.04%
1998€348.171.96%
1999€353.961.66%
2000€362.942.54%
2001€373.052.79%
2002€382.252.47%
2003€392.462.67%
2004€401.132.21%
2005€409.091.99%
2006€417.642.09%
2007€425.281.83%
2008€439.523.35%
2009€442.930.77%
2010€449.681.53%
2011€462.192.78%
2012€476.243.04%
2013€482.051.22%
2014€483.220.24%
2015€483.400.04%
2016€482.95-0.09%
2017€488.871.23%
2018€494.431.14%
2019€497.460.61%
2020€496.77-0.14%
2021€506.081.87%
2022€547.588.20%
2023€580.436.00%
2024€583.190.48%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 38 more rows

This conversion table shows various other 1980 amounts in today's euros, based on the 483.19% change in prices:

Conversion: 1980 euros today
Initial valueEquivalent value
€1 euro in 1980€5.83 euros today
€5 euros in 1980€29.16 euros today
€10 euros in 1980€58.32 euros today
€50 euros in 1980€291.59 euros today
€100 euros in 1980€583.19 euros today
€500 euros in 1980€2,915.94 euros today
€1,000 euros in 1980€5,831.89 euros today
€5,000 euros in 1980€29,159.43 euros today
€10,000 euros in 1980€58,318.86 euros today
€50,000 euros in 1980€291,594.29 euros today
€100,000 euros in 1980€583,188.57 euros today
€500,000 euros in 1980€2,915,942.87 euros today
€1,000,000 euros in 1980€5,831,885.74 euros today

How to calculate inflation rate for €100 since 1980

Our calculations use the following inflation rate formula to calculate the change in value between 1980 and today:

CPI today CPI in 1980
×
1980 EUR value
=
Today's value

Then plug in historical CPI values. The Italian CPI was 20.68021 in the year 1980 and 120.60462184873948 in 2024:

120.6046218487394820.68021
×
€100
=
€583.19

€100 in 1980 has the same "purchasing power" or "buying power" as €583.19 in 2024.

To get the total inflation rate for the 44 years between 1980 and 2024, we use the following formula:

CPI in 2024 - CPI in 1980CPI in 1980
×
100
=
Cumulative inflation rate (44 years)

Plugging in the values to this equation, we get:

120.60462184873948 - 20.6802120.68021
×
100
=
483%

Data source & citation

You may use the following MLA citation for this page: “Value of 1980 Euros today | Italy Inflation Calculator.” Official Inflation Data, Alioth Finance, 31 May. 2025, https://www.officialdata.org/italy/inflation/1980.

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


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation from 1980 to 2024
Cumulative price change483.19%
Average inflation rate4.09%
Converted amount
€100 base
€583.19
Price difference
€100 base
€483.19
CPI in 198020.680
CPI in 2024120.605
Inflation in 198021.06%
Inflation in 20240.76%
€100 in 1980€583.19 in 2024