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

Countries Tracked
193
Highest Inflation
254.9%
Venezuela, RB
Lowest Inflation
-12.3%
Iraq

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

Compare Countries
Rank Country Inflation Rate (%) Compare
1 Venezuela, RB 254.9% -
2 Argentina 219.9% Compare
3 Sudan 138.8% Compare
4 Zimbabwe 104.7% Compare
5 South Sudan 91.4% Compare
6 Turkiye 58.5% Compare
7 West Bank and Gaza 53.7% Compare
8 Lebanon 45.2% Compare
9 Nigeria 33.2% Compare
10 Iran, Islamic Rep. 32.5% Compare
11 Malawi 32.2% Compare
12 Sierra Leone 28.6% Compare
13 Egypt, Arab Rep. 28.3% Compare
14 Angola 28.2% Compare
15 Haiti 26.9% Compare
16 Lao PDR 23.1% Compare
17 Ghana 22.8% Compare
18 Ethiopia 21.0% Compare
19 Burundi 20.2% Compare
20 Suriname 16.2% Compare
21 Zambia 15.0% Compare
22 Sao Tome and Principe 14.4% Compare
23 Syrian Arab Republic 13.4% Compare
24 Pakistan 12.6% Compare
25 Gambia, The 11.6% Compare
26 Vanuatu 11.2% Compare
27 Bangladesh 10.5% Compare
28 Uzbekistan 9.6% Compare
29 Niger 9.1% Compare
30 Chad 8.9% Compare
31 Myanmar 8.8% Compare
32 Kazakhstan 8.7% Compare
33 Russian Federation 8.4% Compare
34 Liberia 8.2% Compare
35 Guinea 8.1% Compare
36 Yemen, Rep. 8.1% Compare
37 Madagascar 7.6% Compare
38 Tunisia 7.2% Compare
39 Colombia 6.6% Compare
40 Ukraine 6.5% Compare
41 Antigua and Barbuda 6.2% Compare
42 Mongolia 6.2% Compare
43 Lesotho 6.1% Compare
44 Tajikistan 6.0% Compare
45 Iceland 5.9% Compare
46 Belarus 5.8% Compare
47 Romania 5.7% Compare
48 Jamaica 5.4% Compare
49 Micronesia, Fed. Sts. 5.4% Compare
50 Bolivia 5.1% Compare
51 Comoros 5.1% Compare
52 Kyrgyz Republic 5.0% Compare
53 India 5.0% Compare
54 Uruguay 4.8% Compare
55 Mexico 4.7% Compare
56 Nepal 4.7% Compare
57 Moldova 4.7% Compare
58 Serbia 4.7% Compare
59 Nicaragua 4.6% Compare
60 Honduras 4.6% Compare
61 Cameroon 4.5% Compare
62 Kenya 4.5% Compare
63 Brazil 4.4% Compare
64 South Africa 4.4% Compare
65 Solomon Islands 4.3% Compare
66 Chile 4.3% Compare
67 Aruba 4.3% Compare
68 Namibia 4.2% Compare
69 Burkina Faso 4.2% Compare
70 Mozambique 4.1% Compare
71 Algeria 4.0% Compare
72 Fiji 3.9% Compare
73 Paraguay 3.8% Compare
74 Poland 3.8% Compare
75 Guinea-Bissau 3.8% Compare
76 Hungary 3.7% Compare
77 St. Vincent and the Grenadines 3.6% Compare
78 Viet Nam 3.6% Compare
79 Mauritius 3.6% Compare
80 St. Kitts and Nevis 3.6% Compare
81 Estonia 3.5% Compare
82 North Macedonia 3.5% Compare
83 Cote d'Ivoire 3.5% Compare
84 Netherlands 3.3% Compare
85 Montenegro 3.3% Compare
86 Uganda 3.3% Compare
87 Dominican Republic 3.3% Compare
88 Belize 3.3% Compare
89 United Kingdom 3.3% Compare
90 Tonga 3.2% Compare
91 Philippines 3.2% Compare
92 Mali 3.2% Compare
93 Australia 3.2% Compare
94 Norway 3.1% Compare
95 Belgium 3.1% Compare
96 Congo, Rep. 3.1% Compare
97 Israel 3.1% Compare
98 Tanzania 3.1% Compare
99 Croatia 3.0% Compare
100 United States 2.9% Compare
101 Austria 2.9% Compare
102 New Zealand 2.9% Compare
103 Equatorial Guinea 2.9% Compare
104 Guyana 2.9% Compare
105 Kuwait 2.9% Compare
106 Congo, Dem. Rep. 2.9% Compare
107 Guatemala 2.9% Compare
108 Togo 2.9% Compare
109 Sweden 2.8% Compare
110 Botswana 2.8% Compare
111 Spain 2.8% Compare
112 Bhutan 2.8% Compare
113 Slovak Republic 2.8% Compare
114 Greece 2.7% Compare
115 Japan 2.7% Compare
116 Curacao 2.6% Compare
117 Eswatini 2.6% Compare
118 Dominica 2.6% Compare
119 Mauritania 2.5% Compare
120 Kiribati 2.5% Compare
121 Bulgaria 2.4% Compare
122 Czechia 2.4% Compare
123 Portugal 2.4% Compare
124 Singapore 2.4% Compare
125 Canada 2.4% Compare
126 Korea, Rep. 2.3% Compare
127 Germany 2.3% Compare
128 Palau 2.2% Compare
129 Albania 2.2% Compare
130 Azerbaijan 2.2% Compare
131 Sint Maarten (Dutch part) 2.2% Compare
132 Indonesia 2.2% Compare
133 Samoa 2.2% Compare
134 Libya 2.1% Compare
135 Ireland 2.1% Compare
136 Djibouti 2.1% Compare
137 Timor-Leste 2.1% Compare
138 Luxembourg 2.1% Compare
139 Peru 2.0% Compare
140 France 2.0% Compare
141 Slovenia 2.0% Compare
142 Malaysia 1.8% Compare
143 Cyprus 1.8% Compare
144 Rwanda 1.8% Compare
145 Hong Kong SAR, China 1.7% Compare
146 Bosnia and Herzegovina 1.7% Compare
147 Saudi Arabia 1.7% Compare
148 United Arab Emirates 1.7% Compare
149 Malta 1.7% Compare
150 Kosovo 1.6% Compare
151 Finland 1.6% Compare
152 Jordan 1.6% Compare
153 Ecuador 1.5% Compare
154 Central African Republic 1.5% Compare
155 Barbados 1.4% Compare
156 Maldives 1.4% Compare
157 Denmark 1.4% Compare
158 Thailand 1.4% Compare
159 Qatar 1.3% Compare
160 Latvia 1.3% Compare
161 San Marino 1.2% Compare
162 Gabon 1.2% Compare
163 Benin 1.2% Compare
164 Georgia 1.1% Compare
165 Grenada 1.1% Compare
166 Switzerland 1.1% Compare
167 Cabo Verde 1.0% Compare
168 Morocco 1.0% Compare
169 Italy 1.0% Compare
170 Bahrain 0.9% Compare
171 El Salvador 0.9% Compare
172 Cambodia 0.8% Compare
173 Senegal 0.8% Compare
174 Lithuania 0.7% Compare
175 Panama 0.7% Compare
176 Macao SAR, China 0.7% Compare
177 Papua New Guinea 0.6% Compare
178 Oman 0.6% Compare
179 New Caledonia 0.6% Compare
180 Trinidad and Tobago 0.5% Compare
181 Tuvalu 0.5% Compare
182 Bahamas, The 0.4% Compare
183 Seychelles 0.3% Compare
184 Armenia 0.3% Compare
185 China 0.2% Compare
186 St. Lucia -0.1% Compare
187 Nauru -0.1% Compare
188 Brunei Darussalam -0.4% Compare
189 Costa Rica -0.4% Compare
190 Sri Lanka -0.4% Compare
191 Cayman Islands -0.6% Compare
192 Afghanistan -6.6% Compare
193 Iraq -12.3% Compare

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.

Historical trends for top countries

Sudan Venezuela, RB South Sudan Zimbabwe Argentina