Inflation calculator - Euro

€13,700,000,000 in 2000
€18,947,116,272.93 in 2019

The inflation rate in the Eurozone between 2000 and 2019 was 38.3%, which translates into a total increase of €5,247,116,272.93. This means that 13,700,000,000 euro in 2000 are equivalent to 18,947,116,272.93 euro in 2019. In other words, the purchasing power of €13,700,000,000 in 2000 equals €18,947,116,272.93 in 2019. The average annual inflation rate between these periods was 1.72%.

Inflation timeline in the Eurozone (2000 - 2019)

The following chart depicts the equivalence of €13,700,000,000 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

€19B€19B€18B€18B€17B€17B€16B€16B€15B€15B€14B€14B€13B€13B20002000200120012002200220032003200420042005200520062006200720072008200820092009201020102011201120122012201320132014201420152015201620162017201720182018

All calculations are performed in the local currency (EUR) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 2000 to 2019 38.3%
Avg. Annual inflation from 2000 to 2019 1.72%
CPI 2000 75.77
CPI 2019 104.79

How to calculate the time value of money with inflation data?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 2000 and 2019, use the corresponding CPI values:

Value2019
=Value2000 ×
CPI2019/CPI2000
=€ 13,700,000,000 ×
104.79/75.77
€18,947,116,272.93

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are €13,700,000,000 worth today. There are 19 years between 2000 and 2019 and the average inflation rate was 1.7213%. Therefore, we can resolve the formula like this:

Value2019
=PV × (1 + i)n
=€13,700,000,000 × (1 + 0.017213)19
€18,947,116,272.93

Eurozone inflation - Conversion table

Initial Value Equivalent value
€1 euro in 2000 €1.38 euro in 2019
€5 euro in 2000 €6.92 euro in 2019
€10 euro in 2000 €13.83 euro in 2019
€50 euro in 2000 €69.15 euro in 2019
€100 euro in 2000 €138.3 euro in 2019
€500 euro in 2000 €691.5 euro in 2019
€1,000 euro in 2000 €1,383 euro in 2019
€5,000 euro in 2000 €6,915.01 euro in 2019
€10,000 euro in 2000 €13,830.01 euro in 2019
€50,000 euro in 2000 €69,150.06 euro in 2019
€100,000 euro in 2000 €138,300.12 euro in 2019
€500,000 euro in 2000 €691,500.59 euro in 2019
€1,000,000 euro in 2000 €1,383,001.19 euro in 2019
Cumulative inflation 2000-2019 38.3%
Avg. annual inflation 2000-2019 1.72%
CPI 2000 75.77
CPI 2019 104.79

Value of Euro over time (by year)

Period Value
2000 13,700,000,000
2001 14,032,691,038.67
2002 14,350,917,249.57
2003 14,654,678,632.7
2004 14,974,712,947.08
2005 15,303,787,778.8
2006 15,641,903,127.89
2007 15,981,826,580.44
2008 16,517,025,207.87
2009 16,573,076,415.47
2010 16,838,867,625.71
2011 17,296,317,803.88
2012 17,730,262,636.93
2013 17,970,740,398.57
2014 18,046,680,744.36
2015 18,081,034,710.31
2016 18,122,621,090.14
2017 18,401,069,024.68
2018 18,722,911,442.52
2019 18,947,116,272.93

All available years

Today's value of euro by year:

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