€100 in 2001 is worth €102.27 in 2002

Value of €100 from 2001 to 2002

€100 in 2001 is equivalent in purchasing power to about €102.27 in 2002. The euro had an average inflation rate of 2.27% per year between 2001 and 2002, producing a cumulative price increase of 2.27%.

This means that prices in 2002 are 1.02 times as high as average prices since 2001, according to the European Central Bank consumer price index.

The inflation rate in 2001 was 2.41%. The inflation rate in 2002 was 2.27%. The 2002 inflation rate is higher compared to the average inflation rate of 2.18% per year between 2002 and 2024.


Inflation from 2001 to 2002
Average inflation rate2.27%
Converted amount
€100 base
€102.27
Price difference
€100 base
€2.27
CPI in 200177.760
CPI in 200279.526
Inflation in 20012.41%
Inflation in 20022.27%
€100 in 2001€102.27 in 2002

Recent EUR inflation
Annual Rate, the European Central Bank CPI
Download

How to calculate inflation rate for €100, 2001 to 2002

Our calculations use the following inflation rate formula to calculate the change in value between 2001 and 2002:

CPI in 2002 CPI in 2001
×
2001 EUR value
=
2002 EUR value

Then plug in historical CPI values. The Euro CPI was 77.76 in the year 2001 and 79.52583333 in 2002:

79.5258333377.76
×
€100
=
€102.27

€100 in 2001 has the same "purchasing power" or "buying power" as €102.27 in 2002.

To get the total inflation rate for the 1 years between 2001 and 2002, we use the following formula:

CPI in 2002 - CPI in 2001CPI in 2001
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

79.52583333 - 77.7677.76
×
100
=
2%

Data source & citation

Raw data for these calculations comes from the European Commission and the European Central Bank's Harmonized Index of Consumer prices (HICP), which is computed based on the reported consumer price indices in member countries of the European Union.

You may use the following MLA citation for this page: “2001 euros in 2002 | Euro Inflation Calculator.” Official Inflation Data, Alioth Finance, 29 Mar. 2024, https://www.officialdata.org/2001-euro-in-2002.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation from 2001 to 2002
Average inflation rate2.27%
Converted amount
€100 base
€102.27
Price difference
€100 base
€2.27
CPI in 200177.760
CPI in 200279.526
Inflation in 20012.41%
Inflation in 20022.27%
€100 in 2001€102.27 in 2002