# Austria Inflation Calculator

Result: €100 in 1959 → €731.80 in 2022

## Money in Austria has lost 86% of its value since 1959

Updated: May 11, 2022

€100 in 1959 is equivalent in purchasing power to about €731.80 today, an increase of €631.80 over 63 years. The euro had an average inflation rate of 3.21% per year between 1959 and today, producing a cumulative price increase of 631.80%.

This means that today's prices are 7.32 times higher than average prices since 1959, according to the OECD and the World Bank consumer price index for Austria. A euro today only buys 13.665% of what it could buy back then. Currency values from before Austria began using the Euro are converted for the purpose of these calculations by the OECD.

The inflation rate in 1959 was 1.08%. The current inflation rate compared to last year is now 6.77%. If this number holds, €100 today will be equivalent in buying power to €106.77 next year.

 Cumulative price change 631.80% Average inflation rate 3.21% Converted amount (€100 base) €731.80 Price difference (€100 base) €631.80 CPI in 1959 15.796 CPI in 2022 115.593 Inflation in 1959 1.08% Inflation in 2022 6.77% €100 in 1959 €731.80 in 2022

Austria inflation since 1959
Annual Rate, the OECD and the World Bank CPI

## Buying power of €100 in 1959

This chart shows a calculation of buying power equivalence for €100 in 1959 (price index tracking began in 1958).

For example, if you started with €100, you would need to end with €731.80 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When €100 is equivalent to €731.80 over time, that means that the "real value" of a single Austria 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 1959 dollars, the chart below shows how €100 is worth less over 63 years.

According to the OECD and the World Bank, each of these EUR amounts below is equal in terms of what it could buy at the time:

Euro inflation: 1959-2022
Year Euro Value Inflation Rate
1959 €100.00 1.08%
1960 €101.95 1.95%
1961 €105.56 3.54%
1962 €110.18 4.38%
1963 €113.17 2.71%
1964 €117.54 3.87%
1965 €123.34 4.93%
1966 €125.88 2.05%
1967 €130.88 3.97%
1968 €134.50 2.76%
1969 €138.64 3.08%
1970 €144.70 4.37%
1971 €151.51 4.70%
1972 €161.14 6.36%
1973 €173.27 7.53%
1974 €189.77 9.52%
1975 €205.80 8.45%
1976 €220.86 7.32%
1977 €233.00 5.49%
1978 €241.32 3.57%
1979 €250.27 3.71%
1980 €266.11 6.33%
1981 €284.21 6.80%
1982 €299.66 5.44%
1983 €309.67 3.34%
1984 €327.21 5.66%
1985 €337.64 3.19%
1986 €343.40 1.71%
1987 €348.22 1.40%
1988 €354.89 1.92%
1989 €364.00 2.57%
1990 €375.87 3.26%
1991 €388.42 3.34%
1992 €404.04 4.02%
1993 €418.71 3.63%
1994 €431.08 2.95%
1995 €440.75 2.24%
1996 €448.95 1.86%
1997 €454.81 1.31%
1998 €459.01 0.92%
1999 €461.62 0.57%
2000 €472.44 2.34%
2001 €484.96 2.65%
2002 €493.74 1.81%
2003 €500.44 1.36%
2004 €510.75 2.06%
2005 €522.49 2.30%
2006 €530.03 1.44%
2007 €541.52 2.17%
2008 €558.93 3.22%
2009 €561.76 0.51%
2010 €571.95 1.81%
2011 €590.75 3.29%
2012 €605.43 2.49%
2013 €617.54 2.00%
2014 €627.46 1.61%
2015 €633.09 0.90%
2016 €638.73 0.89%
2017 €652.02 2.08%
2018 €665.05 2.00%
2019 €675.24 1.53%
2020 €684.57 1.38%
2021 €703.51 2.77%
2022 €731.80 4.02%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 57 more rows

This conversion table shows various other 1959 amounts in today's euro, based on the 631.80% change in prices:

Conversion: 1959 euro today
Initial value Equivalent value
€1 euro in 1959 €7.32 euro today
€5 euro in 1959 €36.59 euro today
€10 euro in 1959 €73.18 euro today
€50 euro in 1959 €365.90 euro today
€100 euro in 1959 €731.80 euro today
€500 euro in 1959 €3,659.01 euro today
€1,000 euro in 1959 €7,318.02 euro today
€5,000 euro in 1959 €36,590.10 euro today
€10,000 euro in 1959 €73,180.19 euro today
€50,000 euro in 1959 €365,900.97 euro today
€100,000 euro in 1959 €731,801.94 euro today
€500,000 euro in 1959 €3,659,009.70 euro today
€1,000,000 euro in 1959 €7,318,019.40 euro today

## How to calculate inflation rate for €100 since 1959

Our calculations use the following inflation rate formula to calculate the change in value between 1959 and today:

CPI today CPI in 1959
×
1959 EUR value
=
Today's value

Then plug in historical CPI values. The Austria CPI was 15.795639999999999 in the year 1959 and 115.5928 in 2022:

115.592815.795639999999999
×
€100
=
€731.80

€100 in 1959 has the same "purchasing power" or "buying power" as €731.80 in 2022.

To get the total inflation rate for the 63 years between 1959 and 2022, we use the following formula:

CPI in 2022 - CPI in 1959CPI in 1959
×
100
=
Cumulative inflation rate (63 years)

Plugging in the values to this equation, we get:

115.5928 - 15.79563999999999915.795639999999999
×
100
=
632%

## Data source & citation

You may use the following MLA citation for this page: “Austria Inflation Calculator: World Bank data, 1959-2022 (EUR).” Official Inflation Data, Alioth Finance, 27 May. 2022, https://www.officialdata.org/austria/inflation.

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.