€1,000,000 in 2000 is worth €1.8 million today (Eurozone HICP)

straight answer

€1.8 million

Updated April 1, 2026 · Eurostat / FRED

€1,000,000 in 2000 is worth €1,771,015.99 in today's euros, adjusted by euro-area consumer-price inflation (Eurozone HICP), which rose 77% since then. Eurostat / FRED data through April 1, 2026.

€1,000,000 was a fortune in 2000, the wealth of a comfortable household or a small business, arriving in the euro's first full year as an accounting unit. The young currency was already losing value at home as surging oil prices drove inflation above the ECB's ceiling. Even at this scale, inflation quietly erodes purchasing power: matching what €1,000,000 commanded then takes more euro today, a price-level adjustment rather than any return earned.

The euro began as an accounting currency in 1999 and as cash in 2002; HICP figures before then are back-computed. These are euro-area aggregate consumer-price figures, not one country, and not exchange rates or investment returns.

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Year by year

€0€469,319€938,638€1.4 million€1.9 million2000200420092013201720222026Inflation-adjusted value (Eurozone HICP)
Equivalent value of €1 million from 2000, adjusted by CPI through today.
Year Equivalent value
2000 €1,025,271
2010 €1,260,444
2020 €1,404,504
2026 €1,771,016

Selected milestones; the math uses every month of the official series.

Put differently: what cost €1,000,000 in 2000 costs €1,771,015.99 today. A euro from 2000 buys only 56% of what it bought then — prices rose 77% over the period.

In 2000, euro-area inflation pushed above the ECB's 2% ceiling as a weak young euro and surging oil prices fed through to consumer prices, in the currency's first full year as an accounting unit.

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Frequently asked questions

How is the value of €1,000,000 from 2000 calculated?

We divide today's Eurozone HICP index level by the 2000 level, sourced from Eurostat / FRED. The cumulative change is 77% — a factor of 1.77.

Which inflation measure is used?

Eurozone Harmonised Index of Consumer Prices (HICP), the standard official gauge of consumer-price inflation in the eurozone, retrieved via FRED. The latest available reading is April 1, 2026.

Does this include investment returns?

No. This is a pure purchasing-power adjustment in euros — it measures inflation, not what the money would have earned if invested or moved into another currency.

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Descriptive, educational content computed from official public data. Not investment advice. Past performance does not guarantee future results.