# €100 in 2003 is worth €125.32 in 2017

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## Value of €100 from 2003 to 2017

€100 in 2003 is equivalent in purchasing power to about €125.32 in 2017, an increase of €25.32 over 14 years. The euro had an average inflation rate of 1.63% per year between 2003 and 2017, producing a cumulative price increase of 25.32%.

This means that prices in 2017 are 1.25 times higher than average prices since 2003, according to the European Central Bank consumer price index.

The 2003 inflation rate was 2.12%. The inflation rate in 2017 was 1.53%. The 2017 inflation rate is higher compared to the average inflation rate of 1.15% per year between 2017 and 2021.

 Cumulative price change 25.32% Average inflation rate 1.63% Converted amount (€100 base) €125.32 Price difference (€100 base) €25.32 CPI in 2003 81.210 CPI in 2017 101.776 Inflation in 2003 2.12% Inflation in 2017 1.53% €100 in 2003 €125.32 in 2017

EUR Inflation since 1996
Annual Rate, the European Central Bank CPI

## Buying power of €100 in 2003

This chart shows a calculation of buying power equivalence for €100 in 2003 (price index tracking began in 1996).

For example, if you started with €100, you would need to end with €125.32 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When €100 is equivalent to €125.32 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 2003 dollars, the chart below shows how €100 is worth less over 14 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:

Euro inflation: 2003-2017
Year Euro Value Inflation Rate
2003 €100.00 2.12%
2004 €102.18 2.18%
2005 €104.42 2.20%
2006 €106.73 2.21%
2007 €109.04 2.17%
2008 €112.68 3.34%
2009 €113.04 0.32%
2010 €114.86 1.61%
2011 €117.99 2.72%
2012 €120.94 2.50%
2013 €122.57 1.35%
2014 €123.10 0.43%
2015 €123.14 0.03%
2016 €123.44 0.24%
2017 €125.32 1.53%
2018 €127.52 1.75%
2019 €129.05 1.20%
2020 €129.37 0.25%
2021 €131.18 1.40%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 8 more rows

This conversion table shows various other 2003 amounts in 2017 euros, based on the 25.32% change in prices:

Conversion: 2003 euros in 2017
Initial value Equivalent value
€1 euro in 2003 €1.25 euros in 2017
€5 euros in 2003 €6.27 euros in 2017
€10 euros in 2003 €12.53 euros in 2017
€50 euros in 2003 €62.66 euros in 2017
€100 euros in 2003 €125.32 euros in 2017
€500 euros in 2003 €626.62 euros in 2017
€1,000 euros in 2003 €1,253.24 euros in 2017
€5,000 euros in 2003 €6,266.22 euros in 2017
€10,000 euros in 2003 €12,532.45 euros in 2017
€50,000 euros in 2003 €62,662.23 euros in 2017
€100,000 euros in 2003 €125,324.47 euros in 2017
€500,000 euros in 2003 €626,622.34 euros in 2017
€1,000,000 euros in 2003 €1,253,244.67 euros in 2017

## How to Calculate Inflation Rate for €100, 2003 to 2017

Our calculations use the following inflation rate formula to calculate the change in value between 2003 and 2017:

CPI in 2017 CPI in 2003
×
2003 EUR value
=
2017 EUR value

Then plug in historical CPI values. The Euro CPI was 81.21 in the year 2003 and 101.776 in 2017:

101.77681.21
×
€100
=
€125.32

€100 in 2003 has the same "purchasing power" or "buying power" as €125.32 in 2017.

To get the total inflation rate for the 14 years between 2003 and 2017, we use the following formula:

CPI in 2017 - CPI in 2003CPI in 2003
×
100
=
Cumulative inflation rate (14 years)

Plugging in the values to this equation, we get:

101.776 - 81.2181.21
×
100
=
25%

Politics and news often influence economic performance. Here's what was happening at the time:

• Despite a lack of support from the United Nations, a coalition lead by America and Britain invades Iraq.
• Baghdad falls, ending the invasion of Iraq.
• 10 new members are admitted to the European Union after signing the Treaty of Accession in Athens.

## 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: “2003 euros in 2017 | Euro Inflation Calculator.” Official Inflation Data, Alioth Finance, 27 Jul. 2021, https://www.officialdata.org/2003-euro-in-2017.

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.