Inflation measures the rate at which the general level of prices for goods and services rises over time, eroding the purchasing power of money. This comprehensive comparison shows inflation rates across countries worldwide, allowing you to see which nations are experiencing price stability and which are facing significant inflationary pressures.
Understanding inflation is crucial for economic planning, investment decisions, and assessing the economic health of different countries. The data presented here includes historical development, enabling you to track inflation trends over time and compare how different economies have managed price stability.
Inflation Rate by Country
Inflation Statistics
Understanding Inflation
Inflation is calculated as the annual percentage change in the Consumer Price Index (CPI), which tracks the average price level of a basket of goods and services consumed by households. Moderate inflation (typically 2-3% annually) is generally considered healthy for economic growth, as it encourages spending and investment rather than hoarding money.
However, high inflation can severely impact economies by reducing purchasing power, eroding savings, and creating uncertainty that discourages long-term investment. Hyperinflation, where prices rise by more than 50% per month, can completely destabilize an economy and lead to social and political unrest.
Factors Affecting Inflation
- Monetary policy: Central banks control money supply through interest rates and quantitative easing
- Demand-pull inflation: When demand exceeds supply, prices rise
- Cost-push inflation: Rising production costs, including wages and raw materials
- Exchange rates: Currency depreciation increases import prices
- Fiscal policy: Government spending and taxation affect aggregate demand
Economic Implications
- Purchasing power: High inflation reduces what money can buy
- Savings: Real value of savings decreases with inflation
- Interest rates: Central banks raise rates to combat inflation
- Wages: Workers demand higher wages to maintain living standards
- Competitiveness: High inflation can make exports more expensive
See also: Unemployment rates, Average income, Cost of living.
Methodology
Inflation is ranked using the latest available non-null observation for each country. Regional aggregates and records without country identifiers are excluded where possible so the table focuses on comparable country-level values.
Source: World Bank. Last updated: January 2024. Values may differ across sources because countries publish data on different reporting schedules and methodologies.
Key Findings
- Venezuela, RB is among the highest ranked countries for inflation with 254.9.
- Argentina is among the highest ranked countries for inflation with 219.9.
- Sudan is among the highest ranked countries for inflation with 138.8.
- The ranking includes 193 countries with available data.
Inflation Rate Ranking
| Rank | Country | Inflation Rate (%) | Compare |
|---|---|---|---|
| 1 | Venezuela, RB | 254.9% | - |
| 2 | Argentina | 219.9% | |
| 3 | Sudan | 138.8% | |
| 4 | Zimbabwe | 104.7% | |
| 5 | South Sudan | 91.4% | |
| 6 | Turkiye | 58.5% | |
| 7 | West Bank and Gaza | 53.7% | |
| 8 | Lebanon | 45.2% | |
| 9 | Nigeria | 33.2% | |
| 10 | Iran, Islamic Rep. | 32.5% | |
| 11 | Malawi | 32.2% | |
| 12 | Sierra Leone | 28.6% | |
| 13 | Egypt, Arab Rep. | 28.3% | |
| 14 | Angola | 28.2% | |
| 15 | Haiti | 26.9% | |
| 16 | Lao PDR | 23.1% | |
| 17 | Ghana | 22.8% | |
| 18 | Ethiopia | 21.0% | |
| 19 | Burundi | 20.2% | |
| 20 | Suriname | 16.2% | |
| 21 | Zambia | 15.0% | |
| 22 | Sao Tome and Principe | 14.4% | |
| 23 | Syrian Arab Republic | 13.4% | |
| 24 | Pakistan | 12.6% | |
| 25 | Gambia, The | 11.6% | |
| 26 | Vanuatu | 11.2% | |
| 27 | Bangladesh | 10.5% | |
| 28 | Uzbekistan | 9.6% | |
| 29 | Niger | 9.1% | |
| 30 | Chad | 8.9% | |
| 31 | Myanmar | 8.8% | |
| 32 | Kazakhstan | 8.7% | |
| 33 | Russian Federation | 8.4% | |
| 34 | Liberia | 8.2% | |
| 35 | Guinea | 8.1% | |
| 36 | Yemen, Rep. | 8.1% | |
| 37 | Madagascar | 7.6% | |
| 38 | Tunisia | 7.2% | |
| 39 | Colombia | 6.6% | |
| 40 | Ukraine | 6.5% | |
| 41 | Antigua and Barbuda | 6.2% | |
| 42 | Mongolia | 6.2% | |
| 43 | Lesotho | 6.1% | |
| 44 | Tajikistan | 6.0% | |
| 45 | Iceland | 5.9% | |
| 46 | Belarus | 5.8% | |
| 47 | Romania | 5.7% | |
| 48 | Jamaica | 5.4% | |
| 49 | Micronesia, Fed. Sts. | 5.4% | |
| 50 | Bolivia | 5.1% | |
| 51 | Comoros | 5.1% | |
| 52 | Kyrgyz Republic | 5.0% | |
| 53 | India | 5.0% | |
| 54 | Uruguay | 4.8% | |
| 55 | Mexico | 4.7% | |
| 56 | Nepal | 4.7% | |
| 57 | Moldova | 4.7% | |
| 58 | Serbia | 4.7% | |
| 59 | Nicaragua | 4.6% | |
| 60 | Honduras | 4.6% | |
| 61 | Cameroon | 4.5% | |
| 62 | Kenya | 4.5% | |
| 63 | Brazil | 4.4% | |
| 64 | South Africa | 4.4% | |
| 65 | Solomon Islands | 4.3% | |
| 66 | Chile | 4.3% | |
| 67 | Aruba | 4.3% | |
| 68 | Namibia | 4.2% | |
| 69 | Burkina Faso | 4.2% | |
| 70 | Mozambique | 4.1% | |
| 71 | Algeria | 4.0% | |
| 72 | Fiji | 3.9% | |
| 73 | Paraguay | 3.8% | |
| 74 | Poland | 3.8% | |
| 75 | Guinea-Bissau | 3.8% | |
| 76 | Hungary | 3.7% | |
| 77 | St. Vincent and the Grenadines | 3.6% | |
| 78 | Viet Nam | 3.6% | |
| 79 | Mauritius | 3.6% | |
| 80 | St. Kitts and Nevis | 3.6% | |
| 81 | Estonia | 3.5% | |
| 82 | North Macedonia | 3.5% | |
| 83 | Cote d'Ivoire | 3.5% | |
| 84 | Netherlands | 3.3% | |
| 85 | Montenegro | 3.3% | |
| 86 | Uganda | 3.3% | |
| 87 | Dominican Republic | 3.3% | |
| 88 | Belize | 3.3% | |
| 89 | United Kingdom | 3.3% | |
| 90 | Tonga | 3.2% | |
| 91 | Philippines | 3.2% | |
| 92 | Mali | 3.2% | |
| 93 | Australia | 3.2% | |
| 94 | Norway | 3.1% | |
| 95 | Belgium | 3.1% | |
| 96 | Congo, Rep. | 3.1% | |
| 97 | Israel | 3.1% | |
| 98 | Tanzania | 3.1% | |
| 99 | Croatia | 3.0% | |
| 100 | United States | 2.9% | |
| 101 | Austria | 2.9% | |
| 102 | New Zealand | 2.9% | |
| 103 | Equatorial Guinea | 2.9% | |
| 104 | Guyana | 2.9% | |
| 105 | Kuwait | 2.9% | |
| 106 | Congo, Dem. Rep. | 2.9% | |
| 107 | Guatemala | 2.9% | |
| 108 | Togo | 2.9% | |
| 109 | Sweden | 2.8% | |
| 110 | Botswana | 2.8% | |
| 111 | Spain | 2.8% | |
| 112 | Bhutan | 2.8% | |
| 113 | Slovak Republic | 2.8% | |
| 114 | Greece | 2.7% | |
| 115 | Japan | 2.7% | |
| 116 | Curacao | 2.6% | |
| 117 | Eswatini | 2.6% | |
| 118 | Dominica | 2.6% | |
| 119 | Mauritania | 2.5% | |
| 120 | Kiribati | 2.5% | |
| 121 | Bulgaria | 2.4% | |
| 122 | Czechia | 2.4% | |
| 123 | Portugal | 2.4% | |
| 124 | Singapore | 2.4% | |
| 125 | Canada | 2.4% | |
| 126 | Korea, Rep. | 2.3% | |
| 127 | Germany | 2.3% | |
| 128 | Palau | 2.2% | |
| 129 | Albania | 2.2% | |
| 130 | Azerbaijan | 2.2% | |
| 131 | Sint Maarten (Dutch part) | 2.2% | |
| 132 | Indonesia | 2.2% | |
| 133 | Samoa | 2.2% | |
| 134 | Libya | 2.1% | |
| 135 | Ireland | 2.1% | |
| 136 | Djibouti | 2.1% | |
| 137 | Timor-Leste | 2.1% | |
| 138 | Luxembourg | 2.1% | |
| 139 | Peru | 2.0% | |
| 140 | France | 2.0% | |
| 141 | Slovenia | 2.0% | |
| 142 | Malaysia | 1.8% | |
| 143 | Cyprus | 1.8% | |
| 144 | Rwanda | 1.8% | |
| 145 | Hong Kong SAR, China | 1.7% | |
| 146 | Bosnia and Herzegovina | 1.7% | |
| 147 | Saudi Arabia | 1.7% | |
| 148 | United Arab Emirates | 1.7% | |
| 149 | Malta | 1.7% | |
| 150 | Kosovo | 1.6% | |
| 151 | Finland | 1.6% | |
| 152 | Jordan | 1.6% | |
| 153 | Ecuador | 1.5% | |
| 154 | Central African Republic | 1.5% | |
| 155 | Barbados | 1.4% | |
| 156 | Maldives | 1.4% | |
| 157 | Denmark | 1.4% | |
| 158 | Thailand | 1.4% | |
| 159 | Qatar | 1.3% | |
| 160 | Latvia | 1.3% | |
| 161 | San Marino | 1.2% | |
| 162 | Gabon | 1.2% | |
| 163 | Benin | 1.2% | |
| 164 | Georgia | 1.1% | |
| 165 | Grenada | 1.1% | |
| 166 | Switzerland | 1.1% | |
| 167 | Cabo Verde | 1.0% | |
| 168 | Morocco | 1.0% | |
| 169 | Italy | 1.0% | |
| 170 | Bahrain | 0.9% | |
| 171 | El Salvador | 0.9% | |
| 172 | Cambodia | 0.8% | |
| 173 | Senegal | 0.8% | |
| 174 | Lithuania | 0.7% | |
| 175 | Panama | 0.7% | |
| 176 | Macao SAR, China | 0.7% | |
| 177 | Papua New Guinea | 0.6% | |
| 178 | Oman | 0.6% | |
| 179 | New Caledonia | 0.6% | |
| 180 | Trinidad and Tobago | 0.5% | |
| 181 | Tuvalu | 0.5% | |
| 182 | Bahamas, The | 0.4% | |
| 183 | Seychelles | 0.3% | |
| 184 | Armenia | 0.3% | |
| 185 | China | 0.2% | |
| 186 | St. Lucia | -0.1% | |
| 187 | Nauru | -0.1% | |
| 188 | Brunei Darussalam | -0.4% | |
| 189 | Costa Rica | -0.4% | |
| 190 | Sri Lanka | -0.4% | |
| 191 | Cayman Islands | -0.6% | |
| 192 | Afghanistan | -6.6% | |
| 193 | Iraq | -12.3% |
Compare Countries by Inflation
Compare inflation rates and trends between any two countries with detailed historical data and charts.
Compare global inflation data, trends, and economic indicators for 2026. Updated annually from reliable sources like the World Bank and IMF.
Data sources: World Bank, IMF, OECD
How to read this ranking
This page compares inflation, consumer prices (annual %) across countries using the latest available country-level observations. Use the ranking to identify high and low values, compare countries with similar regions or income levels, and open country profiles for broader economic and demographic context.
Methodology
GlobalStats selects the latest non-null value for each country from the indicator series and excludes regional aggregates where possible. The primary source for this indicator is World Bank. Data was last updated January 2024.
Key findings
- Venezuela, RB is among the top countries for inflation, consumer prices (annual %) with a latest value of 254.9 percent.
- Argentina is among the top countries for inflation, consumer prices (annual %) with a latest value of 219.9 percent.
- Sudan is among the top countries for inflation, consumer prices (annual %) with a latest value of 138.8 percent.
- The ranking covers 193 countries with available data, supporting broader comparison than short top-20 lists.
Full country coverage
This category includes all countries with available data. Use the table search and region filters on the page to narrow long lists of more than 100 countries.