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Sunday, November 17, 2019

Stats Gate

Countries With The Highest Inflation Rates In The World, 2019

After Venezuela (282972.8%) and Zimbabwe (175.66%), the highest inflation rates were registered in South Sudan (56.1%), North Korea (55%) and Argentina (54.4%), while the lowest annual rates were registered in Libya (-7.1%), Burundi (-4%), and Burkina Faso (3.9%). The global inflation rate is currently around 3.6%.

Crisis-hit Venezuela tops a list of countries with the highest levels of inflation, with a rate estimated at almost 282972.8 percent in April 2019. Amid political and economic uncertainty, the CEOWORLD magazine predicts the rate will soar to 10 million percent by the end of 2019. The table below lists countries with the highest inflation rates in 2019.

High inflation is generally detrimental to the economy. Prices tend to rise faster than wages, meaning that people and firms have less purchasing power. The rate of inflation has a big impact on your financial situation, affecting mortgage payments, savings and the cost of your weekly shopping. This, in turn, leads to slower growth in the gross domestic product (GDP).

Countries With The Highest Inflation Rates In The World, 2019

RankCountryInflation Rate (Percent)Update
1Venezuela282972.8April 19, 2019
2Zimbabwe175.66June 19, 2019
3South Sudan56.1March 19, 2019
4North Korea55July 13, 2019
5Argentina54.4July 19, 2019
6Sudan52.3July 19, 2019
7Iran48July 19, 2019
8Liberia23.3April 19, 2019
9Haiti18.6June 19, 2019
10Sierra Leone17.46March 19, 2019
11Angola17.24July 19, 2019
12Ethiopia15.5July 19, 2019
13Turkey15.01August 19, 2019
14Uzbekistan14.3December 18, 2019
15Nigeria11.08July 19, 2019
16Islamic Republic of Pakistan10.3July 19, 2019
17Guinea9.9June 19, 2019
18Myanmar9.51June 19, 2019
19Yemen9.49November 14, 2019
20Ghana9.4July 19, 2019
21Turkmenistan9.4December 18, 2019
22Malawi9.3July 19, 2019
23Zambia9.3August 19, 2019
24Ukraine9.1July 19, 2019
25Eritrea9December 18, 2019
26Egypt8.7July 19, 2019
27Tajikistan8.7June 19, 2019
28Sao Tome and Principe8.2July 19, 2019
29Uruguay7.54July 19, 2019
30Mongolia7.4July 19, 2019
31Gambia7.38June 19, 2019
32Somalia6.8July 19, 2019
33Tunisia6.5July 19, 2019
34Nepal6.2June 19, 2019
35Nicaragua6.09July 19, 2019
36Belarus6July 19, 2019
37Cuba5.9December 18, 2019
38Bangladesh5.62July 19, 2019
39Lesotho5.6June 19, 2019
40Madagascar5.5July 19, 2019
41Moldova5.4July 19, 2019
42Kazakhstan5.2August 19, 2019
43Kenya5August 19, 2019
44Georgia4.9August 19, 2019
45Aruba4.8June 19, 2019
46Honduras4.69July 19, 2019
47Russia4.6July 19, 2019
48Congo4.57June 19, 2019
49Papua New Guinea4.5March 19, 2019
50Guatemala4.37July 19, 2019
51Jamaica4.3July 19, 2019
52Suriname4.3July 19, 2019
53Romania4.1July 19, 2019
54Afghanistan4June 19, 2019
55South Africa4July 19, 2019
56Bhutan3.9April 19, 2019
57Colombia3.79July 19, 2019
58Mexico3.78July 19, 2019
59Tanzania3.7July 19, 2019
60Bahamas3.6February 19, 2019
61Namibia3.6July 19, 2019
62Indonesia3.49August 19, 2019
63Sri Lanka3.4August 19, 2019
64Hong Kong3.3July 19, 2019
65Hungary3.3July 19, 2019
66Brazil3.22July 19, 2019
67Iceland3.2August 19, 2019
68India3.15July 19, 2019
69Paraguay3.1July 19, 2019
70Central African Republic3December 18, 2019
71Laos3July 19, 2019
72Botswana2.9July 19, 2019
73Bulgaria2.9July 19, 2019
74Czech Republic2.9July 19, 2019
75Djibouti2.9April 19, 2019
76Latvia2.9July 19, 2019
77Slovakia2.9July 19, 2019
78Costa Rica2.89July 19, 2019
79China2.8July 19, 2019
80Poland2.8August 19, 2019
81Azerbaijan2.7July 19, 2019
82Lithuania2.7July 19, 2019
83Kosovo2.6July 19, 2019
84Macau2.6July 19, 2019
85Maldives2.5June 19, 2019
86Netherlands2.5July 19, 2019
87Guyana2.4June 19, 2019
88Philippines2.4July 19, 2019
89Cameroon2.3December 18, 2019
90Slovenia2.3August 19, 2019
91Vanuatu2.3June 19, 2019
92Vietnam2.26August 19, 2019
93Chile2.2July 19, 2019
94Mozambique2.16July 19, 2019
95Estonia2.1July 19, 2019
96Uganda2.1August 19, 2019
97United Kingdom2.1July 19, 2019
98Peru2.04August 19, 2019
99Cambodia2February 19, 2019
100Canada2July 19, 2019
101Bolivia1.92July 19, 2019
102Gabon1.9May 19, 2019
103Norway1.9July 19, 2019
104Luxembourg1.8July 19, 2019
105Malta1.8July 19, 2019
106Mauritania1.8June 19, 2019
107United States1.8July 19, 2019
108Armenia1.7July 19, 2019
109Cayman Islands1.7December 18, 2019
110Comoros1.7December 18, 2019
111New Zealand1.7June 19, 2019
112Swaziland1.7June 19, 2019
113Sweden1.7July 19, 2019
114Australia1.6June 19, 2019
115Rwanda1.6July 19, 2019
116Serbia1.6July 19, 2019
117Palestine1.53July 19, 2019
118Seychelles1.53July 19, 2019
119Albania1.5July 19, 2019
120Algeria1.5July 19, 2019
121Kyrgyzstan1.5July 19, 2019
122Lebanon1.45July 19, 2019
123Austria1.4July 19, 2019
124Dominican Republic1.4July 19, 2019
125European Union1.4July 19, 2019
126Germany1.4August 19, 2019
127Malaysia1.4July 19, 2019
128Equatorial Guinea1.3December 18, 2019
129Belgium1.26August 19, 2019
130Faroe Islands1.2March 19, 2019
131Fiji1.2August 19, 2019
132Ivory Coast1.2July 19, 2019
133Kuwait1.2July 19, 2019
134Barbados1.1February 19, 2019
135Cape Verde1.1July 19, 2019
136Croatia1.1July 19, 2019
137France1.1August 19, 2019
138Republic of the Congo1.1May 18, 2019
139Senegal1.1July 19, 2019
140Syria1.1December 17, 2019
141Trinidad and Tobago1.1July 19, 2019
142Bermuda1April 19, 2019
143Euro Area1August 19, 2019
144New Caledonia0.9June 19, 2019
145Finland0.8July 19, 2019
146Macedonia0.8July 19, 2019
147Mauritius0.8July 19, 2019
148Ecuador0.71July 19, 2019
149East Timor0.6July 19, 2019
150Togo0.6July 19, 2019
151Thailand0.52August 19, 2019
152Bosnia and Herzegovina0.5July 19, 2019
153Ireland0.5July 19, 2019
154Israel0.5July 19, 2019
155Italy0.5August 19, 2019
156Japan0.5July 19, 2019
157Denmark0.4July 19, 2019
158Singapore0.4July 19, 2019
159Taiwan0.4July 19, 2019
160Liechtenstein0.3July 19, 2019
161Morocco0.3July 19, 2019
162Oman0.3July 19, 2019
163Puerto Rico0.3July 19, 2019
164Spain0.3August 19, 2019
165Switzerland0.3August 19, 2019
166Jordan0.2July 19, 2019
167El Salvador0.13July 19, 2019
168Greece0July 19, 2019
169South Korea0August 19, 2019
170Portugal-0.1August 19, 2019
171Belize-0.3June 19, 2019
172Cyprus-0.3July 19, 2019
173Panama-0.3July 19, 2019
174Bahrain-0.4July 19, 2019
175Montenegro-0.4July 19, 2019
176Qatar-0.6July 19, 2019
177Brunei-0.7June 19, 2019
178Iraq-0.8May 19, 2019
179Benin-0.9May 19, 2019
180Saudi Arabia-1.3July 19, 2019
181Chad-1.4June 19, 2019
182Mali-1.4June 19, 2019
183Guinea Bissau-1.5June 19, 2019
184United Arab Emirates-1.5June 19, 2019
185Niger-3.5July 19, 2019
186Burkina Faso-3.9June 19, 2019
187Burundi-4June 19, 2019
188Libya-7.1June 19, 2019

Top 20 Countries with the Highest Inflation Rates in the World, 2019


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Anna Papadopoulos
Editor, writer, teacher, consultant. Advocate for plain language, journalism, free speech, and tolerance. Feminist. Based in Sydney, Australia.
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