€100 in 2000 is equivalent in purchasing power to about €104.74 in 2002, an increase of €4.74 over 2 years. The euro had an average inflation rate of 2.34% per year between 2000 and 2002, producing a cumulative price increase of 4.74%.
This means that prices in 2002 are 1.05 times as high as average prices since 2000, according to the European Central Bank consumer price index.
The inflation rate in 2000 was 2.18%. 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.
Cumulative price change | 4.74% |
Average inflation rate | 2.34% |
Converted amount €100 base | €104.74 |
Price difference €100 base | €4.74 |
CPI in 2000 | 75.928 |
CPI in 2002 | 79.526 |
Inflation in 2000 | 2.18% |
Inflation in 2002 | 2.27% |
€100 in 2000 | €104.74 in 2002 |
This chart shows a calculation of buying power equivalence for €100 in 2000 (price index tracking began in 1996).
For example, if you started with €100, you would need to end with €104.74 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When €100 is equivalent to €104.74 over time, that means that the "real value" of a single Euro euro decreases over time. In other words, a euro will pay for fewer items at the store.
This effect explains how inflation erodes the value of a euro over time. By calculating the value in 2000 dollars, the chart below shows how €100 is worth less over 2 years.
According to the European Central Bank, each of these EUR amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 2000 amounts in 2002 euros, based on the 4.74% change in prices:
Initial value | Equivalent value |
---|---|
€1 euro in 2000 | €1.05 euros in 2002 |
€5 euros in 2000 | €5.24 euros in 2002 |
€10 euros in 2000 | €10.47 euros in 2002 |
€50 euros in 2000 | €52.37 euros in 2002 |
€100 euros in 2000 | €104.74 euros in 2002 |
€500 euros in 2000 | €523.70 euros in 2002 |
€1,000 euros in 2000 | €1,047.39 euros in 2002 |
€5,000 euros in 2000 | €5,236.96 euros in 2002 |
€10,000 euros in 2000 | €10,473.92 euros in 2002 |
€50,000 euros in 2000 | €52,369.59 euros in 2002 |
€100,000 euros in 2000 | €104,739.17 euros in 2002 |
€500,000 euros in 2000 | €523,695.85 euros in 2002 |
€1,000,000 euros in 2000 | €1,047,391.70 euros in 2002 |
Our calculations use the following inflation rate formula to calculate the change in value between 2000 and 2002:
Then plug in historical CPI values. The Euro CPI was 75.9275 in the year 2000 and 79.52583333 in 2002:
€100 in 2000 has the same "purchasing power" or "buying power" as €104.74 in 2002.
To get the total inflation rate for the 2 years between 2000 and 2002, we use the following formula:
Plugging in the values to this equation, we get:
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: “2000 euros in 2002 | Euro Inflation Calculator.” Official Inflation Data, Alioth Finance, 24 Mar. 2024, https://www.officialdata.org/2000-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.
Cumulative price change | 4.74% |
Average inflation rate | 2.34% |
Converted amount €100 base | €104.74 |
Price difference €100 base | €4.74 |
CPI in 2000 | 75.928 |
CPI in 2002 | 79.526 |
Inflation in 2000 | 2.18% |
Inflation in 2002 | 2.27% |
€100 in 2000 | €104.74 in 2002 |