| Year | Index | Rate of change |
|---|---|---|
| 2022 | 118.80 | 9.19% |
| 2021 | 108.80 | 2.84% |
| 2020 | 105.80 | 0.36% |
| 2019 | 105.42 | 1.47% |
| 2018 | 103.89 | 1.89% |
| 2017 | 101.96 | 1.71% |
| 2016 | 100.25 | 0.25% |
| 2015 | 100.00 | 0.10% |
| 2014 | 99.90 | 0.55% |
| 2013 | 99.35 | 1.50% |
| 2012 | 97.88 | 2.64% |
| 2011 | 95.36 | 3.10% |
| 2010 | 92.49 | 2.09% |
| 2009 | 90.60 | 0.98% |
| 2008 | 89.72 | 3.54% |
| 2007 | 86.65 | 2.34% |
| 2006 | 84.67 | 2.20% |
| 2005 | 82.85 | 2.17% |
| 2004 | 81.09 | 2.01% |
| 2003 | 79.49 | 1.96% |
| 2002 | 77.96 | 2.08% |
| 2001 | 76.37 | 2.19% |
| 2000 | 74.73 | 1.90% |
General parameters
Below are presented some key values used in the Standard Inputs and that can serve as a reference for other uses.
Inflation
The inflation levels have been calculated based on the Harmonised Index of Consumer Prices (HICP) [1], as the yearly difference in the HICP. The HICP data was extracted from Eurostat HICP - annual data (average index and rate of change) database (prc_hicp_aind).The annual change in the index is shown in Table 1.
Exchange Rate Conversion
The currency exchange rates provided in Table 2 are based on the European Central Bank (ECB) rates that are published daily [2]. The rates shown in Table 2 correspond to the average rate for the year 2021 as published by ECB.
| Currency | Currency-€ | €-Currency |
|---|---|---|
| USD | 0.89 | 1.12 |
| GBP | 1.22 | 0.82 |
Cost of fuel
The cost of fuel used in this document is based on the 2021 average jet fuel price handled by IATA [3], unless otherwise specified. All conversions are done using the values specified on this page.
| Currency | Price per barrel | Price per gallon | Price per kg |
|---|---|---|---|
| USD | 141.7 | 3.8 | 1.1 |
| EUR | 138.9 | 3.3 | 1.1 |
Conversion values
| From | To |
|---|---|
| 1 nautical mile (NM) | 1.852 km |
| 1 kilometre (km) | 0.53996 NM |
| 1 tonne (metric = 1 000 kg) of jet fuel | 325.33 US gallons |
| 1 235 litres | |
| 7.8 barrels | |
| 1 barrel (bbl) of jet fuel | 42 US gallons |
| 158.99 litres | |
| 0.1291 tonne = 129.10 kg | |
| 1 US gallon of jet fuel (US gal) | 3.7854 litres |
| 3.073 kg | |
| 6.7764 lb | |
| Density of kerosene | 0.812 kg/litre |
| 1 litre of fuel (l) | 0.26417 US gallons |
| 1 kilogramme of fuel (kg) | 2.2046 lb |
| 1 pound of fuel (lb) | 0.45359 kg |
References
[1]
Eurostat, “Harmonised Indices of Consumer Prices (HICP).” [Online]. Available: https://ec.europa.eu/eurostat/web/hicp. [Accessed: Dec. 12, 2022]
[2]
European Central Bank, “Euro foreign exchange reference rates,” European Central Bank. Mar. 2022 [Online]. Available: https://www.ecb.europa.eu/stats/policy_and_exchange_rates/euro_reference_exchange_rates/html/index.en.html. [Accessed: Dec. 12, 2022]
[3]
IATA, “Jet Fuel Price Monitor.” [Online]. Available: https://www.iata.org/en/publications/economics/fuel-monitor/. [Accessed: Dec. 12, 2022]