Data · Electricity price inflation by country: latest official figures

Electricity price inflation by country, May 2026: ranking

In May 2026, Australia had the highest rate among 21 countries (21.1%) and Denmark the lowest (-27.2%). 10 countries rose from the previous month and 7 fell. The euro area figure was -0.8%.

These figures are the 12-month change in a price index (how fast prices rose), not the price level or the size of a bill.

Rank	Country	Latest	Period	Change from previous month	Definition	Source
1	Australia	21.1%	2026-05	-1.4pp	Electricity component of the national CPI	Australian Bureau of Statistics
2	Sweden	14.9%	2026-05	+10.3pp	HICP electricity	Eurostat (European Commission)
3	Poland	12.9%	2026-05	+0.1pp	HICP electricity	Eurostat (European Commission)
4	Italy	7%	2026-05	0pp	HICP electricity	Eurostat (European Commission)
5	U.S.	5.9%	2026-05	-0.2pp	Electricity component of the national CPI	U.S. Bureau of Labor Statistics
6	Canada	3.74%	2026-05	+0.3pp	Electricity component of the national CPI	Statistics Canada
7	Ireland	3.3%	2026-05	0pp	HICP electricity	Eurostat (European Commission)
8	Belgium	2.9%	2026-05	-0.4pp	HICP electricity	Eurostat (European Commission)
9	Finland	2.5%	2026-05	+5.3pp	HICP electricity	Eurostat (European Commission)
10	Portugal	0.8%	2026-05	+1.4pp	HICP electricity	Eurostat (European Commission)
11	South Korea	-0.43%	2026-05	0pp	Electricity component of the national CPI	Statistics Korea (KOSIS)
12	France	-0.8%	2026-05	+0.2pp	HICP electricity	Eurostat (European Commission)
13	Netherlands	-2.3%	2026-05	+0.9pp	HICP electricity	Eurostat (European Commission)
14	Japan	-2.4%	2026-05	+0.2pp	Electricity component of the national CPI	Statistics Bureau of Japan
15	Norway	-2.4%	2026-05	-4.7pp	HICP electricity	Eurostat (European Commission)
16	Switzerland	-3%	2026-05	0pp	HICP electricity	Eurostat (European Commission)
17	Germany	-5%	2026-05	-0.5pp	HICP electricity	Eurostat (European Commission)
18	Spain	-5.5%	2026-05	-1.2pp	HICP electricity	Eurostat (European Commission)
19	UK	-5.6%	2026-05	+0.4pp	Electricity component of the national CPI	Office for National Statistics (UK)
20	Austria	-10.7%	2026-05	-0.5pp	HICP electricity	Eurostat (European Commission)
21	Denmark	-27.2%	2026-05	+5.4pp	HICP electricity	Eurostat (European Commission)
Regional average (not ranked)	Euro area	-0.8%	2026-05	-0.2pp	HICP electricity	Eurostat (European Commission)

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How to read this

Change is the difference from the previous period of the same series, in percentage points.
Definitions are not identical across countries (see the definition column). The table compares published headline figures; it is not a ranking of living standards.

Monthly rankings

Source

Source: U.S. Bureau of Labor Statistics — license
Source: Office for National Statistics, licensed under the Open Government Licence v3.0 — license
Source: Statistics Canada. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada — license
Source: Australian Bureau of Statistics (CC BY 4.0) — license
Source: Statistics Korea (KOSIS), Consumer Price Survey / Economically Active Population Survey, 2026-05 — license
Source: Statistics Bureau of Japan, Consumer Price Index, accessed 2026-05 — license
Source: Eurostat, accessed 2026-05 — license