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Ukraine
Inflation in Ukraine: 2002 – 2026

Since 20201 Year5 Years10 Years15 Years20 YearsAll
Start
End
Latest month of data:June 2026
Cumulative Inflation for 24 Years 6 Months
+1287.8%
Average Inflation Rate
11.3%
Price Multiplier
13.88x
Loss of Buying Power
-92.8%
inflationcompare.com

Report for: January 2002 — June 2026

The period is characterized by increased inflationary pressure and economic overheating. Average annual price growth of 11.3% significantly exceeds the norms of monetary stability. Such dynamics aggressively destroy savings: during the specified period, prices rose by 13.88 times, and the purchasing power of UAH collapsed to 7%.

Inflation Rate by Year

Inflation Adjusted Prices

Equivalent Value
What cost 100 UAH in 2002, would cost 1388 UAH today. To maintain the same standard of living, income over 24 years should have grown by 13.88 times.
2002100 UAH
+1287.8%
20261388 UAH

Value Adjusted for Inflation

Loss of Buying Power

Real Value
Since 2002, the purchasing power of 100 UAH has decreased to 7 UAH. The chart shows how UAH lost a total of 92.8% of its value over 24 years.
2002100 UAH
-92.8%
20267 UAH
-93%
Total Loss

Purchasing Power Over Time

Cumulative Inflation (%)

Historical Inflation Table

YearInflation (%)
20265.74%
20257.95%
202411.99%
20235.07%
202226.61%
202110.01%
20204.99%
20194.06%
20189.76%
201713.70%
201612.37%
201543.31%
201425.00%
20130.51%
2012-0.23%
20114.55%
20109.14%
200912.29%
200822.28%
200716.60%
200611.65%
200510.35%
200412.25%
20038.25%
2002-1.45%

Related Countries

Russia
Russia
Poland
Poland
Belarus
Belarus

Calculation Methodology

Calculations are based on CPI Ukrstat. It is a consumer price index that measures the average change in prices for goods and services purchased by the population.

Price Multiplier

Price Multiplier shows how many times prices have increased. In macroeconomics, this baseline metric is known as the Price Index Ratio. It is derived directly from official CPI data and serves as the mathematical foundation for all other calculations on this page.

Formula:
Price Multiplier(K)=CPI2026CPI2002\text{Price Multiplier} (K) = \frac{\text{CPI}_{2026}}{\text{CPI}_{2002}}
Calculation:
558.60040.250=13.8783\frac{558.600}{40.250} = 13.8783
Cumulative Inflation

To calculate the cumulative inflation since 2002, we use the following formula:

Formula:
(K−1)×100=Cumulative(%)(K - 1) \times 100 = \text{Cumulative} (\%)
Calculation:
(13.8783−1)×100=1287.8%(13.8783 - 1) \times 100 = 1287.8\%
Average Inflation Rate

Shows the average annual price growth rate including compound interest (where each year's inflation is added to already increased prices). To calculate the average annual inflation for 24 years since 2002, we use the following formula:

Formula:
K1n−1=Average Inflation RateK^{\frac{1}{n}} - 1 = \text{Average Inflation Rate}
n — number of years (24)
Calculation:
(13.87831/24−1)×100=11.3%(13.8783^{1/24} - 1) \times 100 = 11.3\%
Loss of Buying Power

To find out what share of its real value savings in UAH have lost since 2002, we calculate the percentage drop in purchasing power. Loss of buying power is calculated as an inverse proportion to price growth:

Formula:
(1−1K)×100=Loss of Buying Power(%)\left( 1 - \frac{1}{K} \right) \times 100 = \text{Loss of Buying Power} (\%)
Calculation:
(1−113.8783)×100=92.8%\left( 1 - \frac{1}{13.8783} \right) \times 100 = 92.8\%
Equivalent Value

To calculate the equivalent value in terms of purchasing power in 2026, we multiply the initial value from 2002 by the price growth factor:

Formula:
Original Amount×K=Equivalent\text{Original Amount} \times K = \text{Equivalent}
Calculation:
100×13.8783=1,388 UAH100 \times 13.8783 = 1,388 \text{ UAH}

Citation & Data Usage

You can use the data in your articles. Link to the source:

"Inflation in Ukraine (2002–2026)", InflationCompare, . Accessed 18 July 2026. Data source: CPI Ukrstat.
Inflation in Ukraine (2002–2026)