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CEOWORLD magazine - Latest - Special Reports - Ranked: These Are The countries With The Highest Inflation Rate

Special Reports

Ranked: These Are The countries With The Highest Inflation Rate

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Consumer prices are being distorted by supply-chain disruptions and high energy costs triggered by geopolitical tensions. As a result, inflation is surging in almost half of the countries worldwide, with rates reaching double digits or higher. With new macroeconomic forces shaping the global economy, the table below shows countries with the highest inflation rates, using data from the CEOWORLD magazine’s executive council statistics division.

As the table below shows, countless countries are navigating record-high inflation levels. Some are even facing triple-digit inflation rates. Globally, Sudan, Zimbabwe, Turkey, Suriname, and Sri Lanka have the highest rates in the world.

Driven by the conflict in Ukraine, the cost of living is increasing worldwide due to energy inflation. If we look at history, it could take several years to control the rise in prices. Inflation is currently one of the most widely discussed topics in global media.

Countries with the Highest Inflation

Country20222021202020192018
Sudan139%359%163%51%63%
Zimbabwe105%99%557%255%11%
Turkey72%20%12%15%16%
Suriname52%59%35%0%0%
Sri Lanka50%7%6%4%2%
Haiti34%17%23%19%12%
Ghana31%10%10%7%8%
Moldova29%5%4%5%3%
Sierra Leone27%12%13%15%16%
Lao PDR23%4%5%3%2%

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CEOWORLD magazine - Latest - Special Reports - Ranked: These Are The countries With The Highest Inflation Rate
Alexandra Dimitropoulou

Alexandra Dimitropoulou

VP and News Editor
Alexandra Dimitropoulou is a VP and News Editor at CEOWORLD magazine, working to build and strengthen the brand’s popular, consumer-friendly content. In addition to running the company’s website, CEOWORLD magazine, which aims to help CEOs, CFOs, CIOs, and other C-level executives get smarter about how they earn, save and spend their money, she also sits on the Board of Directors of the Global Business Policy Institute. She can be reached on email alexandra-dimitropoulou@ceoworld.biz. You can follow her on Twitter at @ceoworld.