This document analyzes and compares the peak-to-peak current ripple in two-level (2L) and three-level (3L) PWM inverters. It shows that the current ripple amplitude in 3L inverters can be determined based on the ripple in 2L inverters. The analysis is verified through numerical simulations and experimental tests. Three-phase multilevel inverters are commonly used in medium- and high-power applications like motor drives and grid-connected systems. While various PWM techniques have been developed for multilevel inverters, this paper addresses their impact on output current ripple.