Result: €100 in 1991 → €45,045.86 in 2023
Money in Lithuania has lost 99.778% of its value since 1991
Updated: January 13, 2022€100 in 1991 is equivalent in purchasing power to about €45,045.86 today, an increase of €44,945.86 over 32 years. The euro had an average inflation rate of 21.04% per year between 1991 and today, producing a cumulative price increase of 44,945.86%.
This means that today's prices are 450.46 times as high as average prices since 1991, according to the OECD and the World Bank consumer price index for Lithuania. A euro today only buys 0.222% of what it could buy back then. Currency values from before Lithuania began using the Euro are converted for the purpose of these calculations by the OECD.
The inflation rate in 1991 was 121.24%. The current inflation rate compared to last year is now 21.95%. If this number holds, €100 today will be equivalent in buying power to €121.95 next year.
⌃
| Cumulative price change | 44,945.86% |
| Average inflation rate | 21.04% |
| Converted amount (€100 base) | €45,045.86 |
| Price difference (€100 base) | €44,945.86 |
| CPI in 1991 | 0.346 |
| CPI in 2023 | 156.065 |
| Inflation in 1991 | 121.24% |
| Inflation in 2023 | 21.95% |
| €100 in 1991 | €45,045.86 in 2023 |
Buying power of €100 in 1991
This chart shows a calculation of buying power equivalence for €100 in 1991 (price index tracking began in 1990).
For example, if you started with €100, you would need to end with €45,045.86 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When €100 is equivalent to €45,045.86 over time, that means that the "real value" of a single Lithuanian 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 1991 dollars, the chart below shows how €100 is worth less over 32 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:
This conversion table shows various other 1991 amounts in today's euros, based on the 44,945.86% change in prices:
| Initial value | Equivalent value |
|---|---|
| €1 euro in 1991 | €450.46 euros today |
| €5 euros in 1991 | €2,252.29 euros today |
| €10 euros in 1991 | €4,504.59 euros today |
| €50 euros in 1991 | €22,522.93 euros today |
| €100 euros in 1991 | €45,045.86 euros today |
| €500 euros in 1991 | €225,229.31 euros today |
| €1,000 euros in 1991 | €450,458.63 euros today |
| €5,000 euros in 1991 | €2,252,293.14 euros today |
| €10,000 euros in 1991 | €4,504,586.28 euros today |
| €50,000 euros in 1991 | €22,522,931.40 euros today |
| €100,000 euros in 1991 | €45,045,862.80 euros today |
| €500,000 euros in 1991 | €225,229,314.02 euros today |
| €1,000,000 euros in 1991 | €450,458,628.04 euros today |
How to calculate inflation rate for €100 since 1991
Our calculations use the following inflation rate formula to calculate the change in value between 1991 and today:
CPI today CPI in 1991
×
1991 EUR value
=
Today's value
Then plug in historical CPI values. The Lithuanian CPI was 0.3464583 in the year 1991 and 156.0651304911914 in 2023:
156.06513049119140.3464583
×
€100
=
€45,045.86
€100 in 1991 has the same "purchasing power" or "buying power" as €45,045.86 in 2023.
To get the total inflation rate for the 32 years between 1991 and 2023, we use the following formula:
CPI in 2023 - CPI in 1991CPI in 1991
×
100
=
Cumulative inflation rate (32 years)
Plugging in the values to this equation, we get:
156.0651304911914 - 0.34645830.3464583
×
100
=
44,946%
Data source & citation
You may use the following MLA citation for this page: “Lithuania Inflation Calculator: World Bank data, 1991-2023 (EUR).” Official Inflation Data, Alioth Finance, 1 Feb. 2023, https://www.officialdata.org/lithuania/inflation.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 44,945.86% |
| Average inflation rate | 21.04% |
| Converted amount (€100 base) | €45,045.86 |
| Price difference (€100 base) | €44,945.86 |
| CPI in 1991 | 0.346 |
| CPI in 2023 | 156.065 |
| Inflation in 1991 | 121.24% |
| Inflation in 2023 | 21.95% |
| €100 in 1991 | €45,045.86 in 2023 |