Sweden Inflation Calculator

kr

Result: kr100 in 2020 → kr125.24 in 2024


The Swedish Krona has lost 20% its value since 2020

Updated: April 10, 2025

kr100 in 2020 is equivalent in purchasing power to about kr125.24 today, an increase of kr25.24 over 4 years. The krona had an average inflation rate of 5.79% per year between 2020 and today, producing a cumulative price increase of 25.24%.

This means that today's prices are 1.25 times as high as average prices since 2020, according to the OECD and the World Bank consumer price index for Sweden. A krona today only buys 79.847% of what it could buy back then.

The inflation rate in 2020 was 0.50%. The current inflation rate compared to the end of last year is now 3.71%. If this number holds, kr100 today will be equivalent in buying power to kr103.71 next year.


Inflation from 2020 to 2024
Cumulative price change25.24%
Average inflation rate5.79%
Converted amount
kr100 base
kr125.24
Price difference
kr100 base
kr25.24
CPI in 2020107.205
CPI in 2024134.268
Inflation in 20200.50%
Inflation in 20243.71%
kr100 in 2020kr125.24 in 2024

SEK inflation since 2020
Annual Rate, the OECD and the World Bank CPI
Download

Buying power of kr100 in 2020

This chart shows a calculation of buying power equivalence for kr100 in 2020 (price index tracking began in 1955).

For example, if you started with kr100, you would need to end with kr125.24 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When kr100 is equivalent to kr125.24 over time, that means that the "real value" of a single Swedish krona decreases over time. In other words, a krona will pay for fewer items at the store.

This effect explains how inflation erodes the value of a krona over time. By calculating the value in 2020 dollars, the chart below shows how kr100 is worth less over 4 years.

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

Krona inflation: 2020-2024
YearKrona ValueInflation Rate
2020kr100.000.50%
2021kr102.162.16%
2022kr110.718.37%
2023kr121.039.32%
2024kr125.243.48%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 2020 amounts in today's kronor, based on the 25.24% change in prices:

Conversion: 2020 kronor today
Initial valueEquivalent value
kr1 krona in 2020kr1.25 kronor today
kr5 kronor in 2020kr6.26 kronor today
kr10 kronor in 2020kr12.52 kronor today
kr50 kronor in 2020kr62.62 kronor today
kr100 kronor in 2020kr125.24 kronor today
kr500 kronor in 2020kr626.22 kronor today
kr1,000 kronor in 2020kr1,252.44 kronor today
kr5,000 kronor in 2020kr6,262.21 kronor today
kr10,000 kronor in 2020kr12,524.42 kronor today
kr50,000 kronor in 2020kr62,622.12 kronor today
kr100,000 kronor in 2020kr125,244.25 kronor today
kr500,000 kronor in 2020kr626,221.23 kronor today
kr1,000,000 kronor in 2020kr1,252,442.45 kronor today

How to calculate inflation rate for kr100 since 2020

Our calculations use the following inflation rate formula to calculate the change in value between 2020 and today:

CPI today CPI in 2020
×
2020 SEK value
=
Today's value

Then plug in historical CPI values. The Swedish CPI was 107.205 in the year 2020 and 134.26809289859867 in 2024:

134.26809289859867107.205
×
kr100
=
kr125.24

kr100 in 2020 has the same "purchasing power" or "buying power" as kr125.24 in 2024.

To get the total inflation rate for the 4 years between 2020 and 2024, we use the following formula:

CPI in 2024 - CPI in 2020CPI in 2020
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

134.26809289859867 - 107.205107.205
×
100
=
25%

Data source & citation

You may use the following MLA citation for this page: “Value of 2020 Swedish Kronor today | Sweden Inflation Calculator.” Official Inflation Data, Alioth Finance, 1 May. 2025, https://www.officialdata.org/sweden/inflation/2020.

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 2020 to 2024
Cumulative price change25.24%
Average inflation rate5.79%
Converted amount
kr100 base
kr125.24
Price difference
kr100 base
kr25.24
CPI in 2020107.205
CPI in 2024134.268
Inflation in 20200.50%
Inflation in 20243.71%
kr100 in 2020kr125.24 in 2024