Skip to content
Money in Real Terms

Compare CPI inflation rates: Italy vs Spain (2020–2025)

From 2020 to 2025, Italy CPI inflation was 19.4% versus 22.1% in Spain. Spain was higher by 2.7% percentage points. Results stay in each local currency with no exchange rates.

Comparison summary
2020–2025
Italy total CPI
19.4%
Cumulative inflation
Spain total CPI
22.1%
Cumulative inflation
Difference (A - B)
-2.7%
Percentage points
Factor ratio (A / B)
0.978
Relative CPI growth
At a glance
-2.7%
Total CPI difference (Italy minus Spain)
Factor ratio (A / B)
0.978x
Italy
1.194x
19.4%
Spain
1.221x
22.1%
Italy
EUR | CPI 2020-2025
Total inflation
19.4%
CPI change over the period.
Annualized rate
3.60%
Average annual inflation.
Inflation factor
1.194x
CPI_end / CPI_start.
Spain
EUR | CPI 2020-2025
Total inflation
22.1%
CPI change over the period.
Annualized rate
4.07%
Average annual inflation.
Inflation factor
1.221x
CPI_end / CPI_start.
Difference snapshot (A - B)
Total inflation difference
-2.7%
Percentage point difference.
Factor ratio (A / B)
0.978x
Relative CPI growth factor.
Narrative insights

Over 2020–2025, CPI inflation in Italy was -2.7% compared with Spain. The CPI growth factor ratio of 0.978 suggests Italy prices grew slower overall during this period.

Annualized rates also diverged: Italy averaged 3.60% per year versus 4.07% for Spain. In short, Spain outpaced Italy on CPI growth across this exact range.

Explore related pages

Want the underlying CPI sources? Visit the sources page.