Result: kr100 in 2019 → kr121.63 in 2023
Value of kr100 from 2019 to 2023
kr100 in 2019 is equivalent in purchasing power to about kr121.63 in 2023, an increase of kr21.63 over 4 years. The krona had an average inflation rate of 5.02% per year between 2019 and 2023, producing a cumulative price increase of 21.63%.
This means that prices in 2023 are 1.22 times as high as average prices since 2019, according to the OECD and the World Bank consumer price index for Sweden.
The inflation rate in 2019 was 1.78%. The inflation rate in 2023 was 9.32%. The 2023 inflation rate is higher compared to the average inflation rate of 3.48% per year between 2023 and 2024.
⌃
| Cumulative price change | 21.63% |
| Average inflation rate | 5.02% |
| Converted amount kr100 base | kr121.63 |
| Price difference kr100 base | kr21.63 |
| CPI in 2019 | 106.675 |
| CPI in 2023 | 129.749 |
| Inflation in 2019 | 1.78% |
| Inflation in 2023 | 9.32% |
| kr100 in 2019 | kr121.63 in 2023 |
Buying power of kr100 in 2019
This chart shows a calculation of buying power equivalence for kr100 in 2019 (price index tracking began in 1955).
For example, if you started with kr100, you would need to end with kr121.63 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When kr100 is equivalent to kr121.63 over time, that means that the "real value" of a single Swedish krona decreases over time. In other words, a krona will pay for fewer items at the store.
This effect explains how inflation erodes the value of a krona over time. By calculating the value in 2019 dollars, the chart below shows how kr100 is worth less over 4 years.
According to the OECD and the World Bank, each of these SEK amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 2019 amounts in 2023 kronor, based on the 21.63% change in prices:
| Initial value | Equivalent value |
|---|---|
| kr1 krona in 2019 | kr1.22 kronor in 2023 |
| kr5 kronor in 2019 | kr6.08 kronor in 2023 |
| kr10 kronor in 2019 | kr12.16 kronor in 2023 |
| kr50 kronor in 2019 | kr60.82 kronor in 2023 |
| kr100 kronor in 2019 | kr121.63 kronor in 2023 |
| kr500 kronor in 2019 | kr608.15 kronor in 2023 |
| kr1,000 kronor in 2019 | kr1,216.31 kronor in 2023 |
| kr5,000 kronor in 2019 | kr6,081.54 kronor in 2023 |
| kr10,000 kronor in 2019 | kr12,163.08 kronor in 2023 |
| kr50,000 kronor in 2019 | kr60,815.42 kronor in 2023 |
| kr100,000 kronor in 2019 | kr121,630.85 kronor in 2023 |
| kr500,000 kronor in 2019 | kr608,154.24 kronor in 2023 |
| kr1,000,000 kronor in 2019 | kr1,216,308.49 kronor in 2023 |
How to calculate inflation rate for kr100, 2019 to 2023
Our calculations use the following inflation rate formula to calculate the change in value between 2019 and 2023:
CPI in 2023 CPI in 2019
×
2019 SEK value
=
2023 SEK value
Then plug in historical CPI values. The Swedish CPI was 106.6745 in the year 2019 and 129.7491 in 2023:
129.7491106.6745
×
kr100
=
kr121.63
kr100 in 2019 has the same "purchasing power" or "buying power" as kr121.63 in 2023.
To get the total inflation rate for the 4 years between 2019 and 2023, we use the following formula:
CPI in 2023 - CPI in 2019CPI in 2019
×
100
=
Cumulative inflation rate (4 years)
Plugging in the values to this equation, we get:
129.7491 - 106.6745106.6745
×
100
=
22%
Data source & citation
You may use the following MLA citation for this page: “kr100 in 2019 → 2023 | Sweden Inflation Calculator.” Official Inflation Data, Alioth Finance, 17 May. 2025, https://www.officialdata.org/sweden/inflation/2019?amount=100&endYear=2023.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 21.63% |
| Average inflation rate | 5.02% |
| Converted amount kr100 base | kr121.63 |
| Price difference kr100 base | kr21.63 |
| CPI in 2019 | 106.675 |
| CPI in 2023 | 129.749 |
| Inflation in 2019 | 1.78% |
| Inflation in 2023 | 9.32% |
| kr100 in 2019 | kr121.63 in 2023 |
