Inflation Rate (%): Percentage rate of inflation in the economy - Last 12 months

The Inflation Rate (%) measures the percentage increase in the general price level of goods and services over a specific period. Monitoring this rate provides insights into the erosion of purchasing power and the overall stability of prices in the economy. It is crucial to stay updated with this measure to understand the impact of inflation on personal finances, business operations, and economic planning.

As of January 2020, Venezuela had the highest inflation rate, reaching a staggering 929,790%. Sudan followed in the second position with an inflation rate of 63.3%, and Yemen secured the third position with a rate of 41.8%. On the other end of the spectrum, Brunei experienced a minimal inflation rate of 0.1%, and Djibouti and Ecuador had negative inflation rates of -0.1% and -0.2% respectively.

Moving to January 2021, Venezuela maintained the first position with an inflation rate of 19,906%, indicating a further increase in prices. Zimbabwe emerged as the second-highest with an inflation rate of 255.3%, followed by Argentina with 53.5%. Some countries experienced deflation, such as Niger (-2.5%), Burkina Faso (-3.2%), and Eritrea (-16.4%).

As of January 2022, Venezuela still had the highest inflation rate, although slightly lower at 2,355.1%. Zimbabwe remained in the second position with an inflation rate of 557.2%, and Sudan secured the third position with a rate of 163.3%. Bahrain, Fiji, and Qatar experienced deflation, with negative inflation rates of -2.3%, -2.6%, and -2.7% respectively.

Monitoring the Inflation Rate index helps in understanding the trends and impact of inflation on different economies. It allows individuals, businesses, and policymakers to make informed decisions regarding financial planning, pricing strategies, and monetary policy adjustments.

Inflation Rate By Country January 2022 (%, January 2022)

Country %
1 Venezuela 2355.1
2 Zimbabwe 557.2
3 Sudan 163.3
4 Lebanon 88.2
5 Argentina 42
6 Iran 36.5
7 Suriname 34.9
8 Yemen 26.2
9 Haiti 22.9
10 Angola 22.3
10 Libya 22.3
11 Ethiopia 20.4
12 Liberia 17
13 Zambia 16.4
14 Sierra Leone 15.7
15 Nigeria 13.2
16 Uzbekistan 12.9
17 Turkey 12.3
18 DR Congo 11.3
19 Pakistan 10.7
20 Guinea 10.6
21 Ghana 9.9
22 Sao Tome and Principe 9.8
22 Uruguay 9.8
23 Malawi 8.6
23 Tajikistan 8.6
24 Rwanda 8
25 Turkmenistan 7.6
26 Burundi 7.3
27 Kazakhstan 6.8
28 Kyrgyzstan 6.3
29 India 6.2
29 Nepal 6.2
30 Gambia 5.9
31 Egypt 5.7
31 Myanmar 5.7
31 Tunisia 5.7
32 Afghanistan 5.6
32 Bangladesh 5.6
33 Belarus 5.5
34 Kenya 5.3
35 Jamaica 5.2
35 Georgia 5.2
36 Laos 5.1
37 Papua New Guinea 5
38 Eritrea 4.9
38 Lesotho 4.9
39 Equatorial Guinea 4.8
40 Sri Lanka 4.6
41 Bhutan 4.2
41 Madagascar 4.2
42 Eswatini 3.9
43 Dominican Republic 3.8
43 Uganda 3.8
43 Moldova 3.8
44 Nicaragua 3.7
44 Mongolia 3.7
45 Chad 3.5
45 Honduras 3.5
46 Solomon Islands 3.4
46 Mexico 3.4
46 Poland 3.4
46 Russia 3.4
46 Saudi Arabia 3.4
47 Hungary 3.3
47 South Africa 3.3
48 Brazil 3.2
48 Czech Republic 3.2
48 Vietnam 3.2
49 Mozambique 3.1
50 Benin 3
50 Chile 3
50 Tanzania 3
51 Iceland 2.9
51 Vanuatu 2.9
51 Barbados 2.9
51 Djibouti 2.9
51 Cambodia 2.9
52 Niger 2.8
52 Cameroon 2.8
52 Azerbaijan 2.8
53 Ukraine 2.7
54 Philippines 2.6
54 Namibia 2.6
54 Romania 2.6
55 Mauritius 2.5
55 Senegal 2.5
55 Colombia 2.5
55 Ivory Coast 2.5
55 Kiribati 2.5
56 Guatemala 2.4
56 Republic of the Congo 2.4
56 China 2.4
56 Algeria 2.4
57 Mauritania 2.3
57 Central African Republic 2.3
58 Kuwait 2.1
59 Indonesia 2
59 Slovakia 2
59 Botswana 2
60 Brunei 1.9
60 Burkina Faso 1.9
61 Togo 1.8
61 Paraguay 1.8
61 Peru 1.8
62 New Zealand 1.7
62 Serbia 1.7
63 Albania 1.6
64 Guinea-Bissau 1.5
64 Samoa 1.5
65 Austria 1.4
66 Gabon 1.3
66 Norway 1.3
67 North Macedonia 1.2
67 Seychelles 1.2
67 United States 1.2
67 Armenia 1.2
67 Bulgaria 1.2
68 Lithuania 1.1
68 Comoros 1.1
68 Netherlands 1.1
69 United Kingdom 0.9
69 Australia 0.9
69 Bolivia 0.9
70 Malta 0.8
71 Guyana 0.7
71 Canada 0.7
71 Costa Rica 0.7
71 Sweden 0.7
72 Cape Verde 0.6
72 Trinidad and Tobago 0.6
72 Morocco 0.6
72 Mali 0.6
72 Iraq 0.6
73 Micronesia 0.5
73 France 0.5
73 South Korea 0.5
73 Timor-Leste 0.5
74 Jordan 0.4
74 Belgium 0.4
74 Finland 0.4
74 Germany 0.4
75 Denmark 0.3
75 Croatia 0.3
76 Tonga 0.2
76 El Salvador 0.2
76 Kosovo 0.2
77 Belize 0.1
77 Latvia 0.1
78 Bahamas 0
78 Japan 0
78 Luxembourg 0
79 Italy -0.1
79 Slovenia -0.1
79 Portugal -0.1
80 Singapore -0.2
80 Montenegro -0.2
80 Taiwan -0.2
81 Spain -0.3
81 Dominica -0.3
81 Ecuador -0.3
82 Ireland -0.5
83 Estonia -0.6
83 Saint Vincent and the Grenadines -0.6
83 Bosnia and Herzegovina -0.6
83 Israel -0.6
84 Switzerland -0.7
85 Thailand -0.8
86 Oman -0.9
87 Malaysia -1.1
87 Cyprus -1.1
88 Greece -1.3
89 Panama -1.6
89 Maldives -1.6
90 Saint Lucia -1.8
91 United Arab Emirates -2.1
92 Bahrain -2.3
93 Fiji -2.6
94 Qatar -2.7

Data from The Heritage Foundation

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