As of 2022, all candidate countries and potential candidates for membership in the European Union had a higher annual inflation rate than the EU as a whole, except for Albania. The convergence of economic conditions towards that of the rest of the European Union is an important part of the Copenhagen Criteria - the political, economic, and institutional conditions which must be satisfied for a country to enter the European Union. Fulfilling the economic criteria for entry into the EU is supposed to guarantee that a new member state has a functioning market economy which can handle the economic pressures of competition in the European Single Market.
Annual inflation rate of consumer prices for candidate countries for European Union membership and potential future candidates in 2022
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World Bank. (July 25, 2023). Annual inflation rate of consumer prices for candidate countries for European Union membership and potential future candidates in 2022 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1405913/eu-enlargement-candidate-countries-inflation/
World Bank. "Annual inflation rate of consumer prices for candidate countries for European Union membership and potential future candidates in 2022 ." Chart. July 25, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1405913/eu-enlargement-candidate-countries-inflation/
World Bank. (2023). Annual inflation rate of consumer prices for candidate countries for European Union membership and potential future candidates in 2022 . Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1405913/eu-enlargement-candidate-countries-inflation/
World Bank. "Annual Inflation Rate of Consumer Prices for Candidate Countries for European Union Membership and Potential Future Candidates in 2022 ." Statista, Statista Inc., 25 Jul 2023, https://www.statista.com/statistics/1405913/eu-enlargement-candidate-countries-inflation/
World Bank, Annual inflation rate of consumer prices for candidate countries for European Union membership and potential future candidates in 2022 Statista, https://www.statista.com/statistics/1405913/eu-enlargement-candidate-countries-inflation/ (last visited December 22, 2024)
Annual inflation rate of consumer prices for candidate countries for European Union membership and potential future candidates in 2022 [Graph], World Bank, July 25, 2023. [Online]. Available: https://www.statista.com/statistics/1405913/eu-enlargement-candidate-countries-inflation/
