Result: €100 in 2002 → €140.66 in 2021
Value of €100 from 2002 to 2021
€100 in 2002 is equivalent in purchasing power to about €140.66 in 2021, an increase of €40.66 over 19 years. The euro had an average inflation rate of 1.81% per year between 2002 and 2021, producing a cumulative price increase of 40.66%.
This means that prices in 2021 are 1.41 times as high as average prices since 2002, according to the OECD and the World Bank consumer price index for Spain.
The inflation rate in 2002 was 3.07%. The inflation rate in 2021 was 3.09%. The 2021 inflation rate is lower compared to the average inflation rate of 5.26% per year between 2021 and 2024.
⌃
| Cumulative price change | 40.66% |
| Average inflation rate | 1.81% |
| Converted amount €100 base | €140.66 |
| Price difference €100 base | €40.66 |
| CPI in 2002 | 76.107 |
| CPI in 2021 | 107.053 |
| Inflation in 2002 | 3.07% |
| Inflation in 2021 | 3.09% |
| €100 in 2002 | €140.66 in 2021 |
Buying power of €100 in 2002
This chart shows a calculation of buying power equivalence for €100 in 2002 (price index tracking began in 1954).
For example, if you started with €100, you would need to end with €140.66 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When €100 is equivalent to €140.66 over time, that means that the "real value" of a single Spanish 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 2002 dollars, the chart below shows how €100 is worth less over 19 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 2002 amounts in 2021 euros, based on the 40.66% change in prices:
| Initial value | Equivalent value |
|---|---|
| €1 euro in 2002 | €1.41 euros in 2021 |
| €5 euros in 2002 | €7.03 euros in 2021 |
| €10 euros in 2002 | €14.07 euros in 2021 |
| €50 euros in 2002 | €70.33 euros in 2021 |
| €100 euros in 2002 | €140.66 euros in 2021 |
| €500 euros in 2002 | €703.31 euros in 2021 |
| €1,000 euros in 2002 | €1,406.62 euros in 2021 |
| €5,000 euros in 2002 | €7,033.11 euros in 2021 |
| €10,000 euros in 2002 | €14,066.23 euros in 2021 |
| €50,000 euros in 2002 | €70,331.13 euros in 2021 |
| €100,000 euros in 2002 | €140,662.27 euros in 2021 |
| €500,000 euros in 2002 | €703,311.34 euros in 2021 |
| €1,000,000 euros in 2002 | €1,406,622.69 euros in 2021 |
How to calculate inflation rate for €100, 2002 to 2021
Our calculations use the following inflation rate formula to calculate the change in value between 2002 and 2021:
CPI in 2021 CPI in 2002
×
2002 EUR value
=
2021 EUR value
Then plug in historical CPI values. The Spanish CPI was 76.10655 in the year 2002 and 107.0532 in 2021:
107.053276.10655
×
€100
=
€140.66
€100 in 2002 has the same "purchasing power" or "buying power" as €140.66 in 2021.
To get the total inflation rate for the 19 years between 2002 and 2021, we use the following formula:
CPI in 2021 - CPI in 2002CPI in 2002
×
100
=
Cumulative inflation rate (19 years)
Plugging in the values to this equation, we get:
107.0532 - 76.1065576.10655
×
100
=
41%
Data source & citation
You may use the following MLA citation for this page: “€100 in 2002 → 2021 | Spain Inflation Calculator.” Official Inflation Data, Alioth Finance, 30 May. 2025, https://www.officialdata.org/spain/inflation/2002?amount=100&endYear=2021.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 40.66% |
| Average inflation rate | 1.81% |
| Converted amount €100 base | €140.66 |
| Price difference €100 base | €40.66 |
| CPI in 2002 | 76.107 |
| CPI in 2021 | 107.053 |
| Inflation in 2002 | 3.07% |
| Inflation in 2021 | 3.09% |
| €100 in 2002 | €140.66 in 2021 |
