Countries by Inflation Rate 2026

Argentina leads all nations in inflation rate with 219.9%, compared to China at 0.2% — a 1.0-thousand-fold difference across 163 countries. The global median inflation rate is 3.1%, meaning half the world's nations fall below this threshold. The top-ranked country's inflation rate exceeds the global median by 6894.9%, illustrating the substantial concentration found in the upper tier of this ranking. The spread between the 1st-ranked and last-ranked countries underscores the wide variation in inflation rate across nations at different stages of development. Data reflects World Bank estimates for 2025.

Rank↑Country↕%↕
1Flag of ArgentinaArgentina219.9%
2Flag of South SudanSouth Sudan91.4%
3Flag of TurkeyTurkey58.5%
#4Flag of PalestinePalestine53.7%
#5Flag of LebanonLebanon45.2%
#6Flag of NigeriaNigeria33.2%
#7Flag of IranIran32.5%
#8Flag of MalawiMalawi32.2%
#9Flag of Sierra LeoneSierra Leone28.6%
#10Flag of EgyptEgypt28.3%
#11Flag of AngolaAngola28.2%
#12Flag of HaitiHaiti26.9%
#13Flag of LaosLaos23.1%
#14Flag of GhanaGhana22.8%
#15Flag of EthiopiaEthiopia21.0%
#16Flag of BurundiBurundi20.2%
#17Flag of SurinameSuriname16.2%
#18Flag of ZambiaZambia15.0%
#19Flag of São Tomé and PríncipeSão Tomé and Príncipe14.4%
#20Flag of PakistanPakistan12.6%
#21Flag of GambiaGambia11.6%
#22Flag of BangladeshBangladesh10.5%
#23Flag of UzbekistanUzbekistan9.6%
#24Flag of NigerNiger9.1%
#25Flag of ChadChad8.9%
#26Flag of KazakhstanKazakhstan8.8%
#27Flag of RussiaRussia8.4%
#28Flag of LiberiaLiberia8.2%
#29Flag of GuineaGuinea8.1%
#30Flag of TunisiaTunisia7.2%
#31Flag of ColombiaColombia6.6%
#32Flag of UkraineUkraine6.5%
#33Flag of MongoliaMongolia6.2%
#34Flag of Antigua and BarbudaAntigua and Barbuda6.2%
#35Flag of LesothoLesotho6.1%
#36Flag of IcelandIceland5.9%
#37Flag of BelarusBelarus5.8%
#38Flag of RomaniaRomania5.7%
#39Flag of JamaicaJamaica5.4%
#40Flag of BoliviaBolivia5.1%
#41Flag of ComorosComoros5.1%
#42Flag of IndiaIndia5.0%
#43Flag of UruguayUruguay4.8%
#44Flag of MexicoMexico4.7%
#45Flag of NepalNepal4.7%
#46Flag of MoldovaMoldova4.7%
#47Flag of SerbiaSerbia4.7%
#48Flag of NicaraguaNicaragua4.6%
#49Flag of HondurasHonduras4.6%
#50Flag of CameroonCameroon4.5%
#51Flag of FijiFiji4.5%
#52Flag of KenyaKenya4.5%
#53Flag of BrazilBrazil4.4%
#54Flag of South AfricaSouth Africa4.4%
#55Flag of Solomon IslandsSolomon Islands4.3%
#56Flag of ChileChile4.3%
#57Flag of NamibiaNamibia4.2%
#58Flag of Burkina FasoBurkina Faso4.2%
#59Flag of MozambiqueMozambique4.1%
#60Flag of AlgeriaAlgeria4.0%
#61Flag of ParaguayParaguay3.8%
#62Flag of PolandPoland3.8%
#63Flag of Guinea-BissauGuinea-Bissau3.8%
#64Flag of HungaryHungary3.7%
#65Flag of Saint Vincent and the GrenadinesSaint Vincent and the Grenadines3.6%
#66Flag of VietnamVietnam3.6%
#67Flag of MauritiusMauritius3.6%
#68Flag of EstoniaEstonia3.5%
#69Flag of North MacedoniaNorth Macedonia3.5%
#70Flag of Ivory CoastIvory Coast3.5%
#71Flag of NetherlandsNetherlands3.3%
#72Flag of MontenegroMontenegro3.3%
#73Flag of UgandaUganda3.3%
#74Flag of Dominican RepublicDominican Republic3.3%
#75Flag of BelizeBelize3.3%
#76Flag of United KingdomUnited Kingdom3.3%
#77Flag of PhilippinesPhilippines3.2%
#78Flag of MaliMali3.2%
#79Flag of TongaTonga3.2%
#80Flag of AustraliaAustralia3.2%
#81Flag of NorwayNorway3.1%
#82Flag of BelgiumBelgium3.1%
#83Flag of Republic of the CongoRepublic of the Congo3.1%
#84Flag of IsraelIsrael3.1%
#85Flag of TanzaniaTanzania3.1%
#86Flag of CroatiaCroatia3.0%
#87Flag of United StatesUnited States2.9%
#88Flag of AustriaAustria2.9%
#89Flag of New ZealandNew Zealand2.9%
#90Flag of Equatorial GuineaEquatorial Guinea2.9%
#91Flag of GuyanaGuyana2.9%
#92Flag of KuwaitKuwait2.9%
#93Flag of GuatemalaGuatemala2.9%
#94Flag of TogoTogo2.9%
#95Flag of SwedenSweden2.8%
#96Flag of BotswanaBotswana2.8%
#97Flag of SpainSpain2.8%
#98Flag of BhutanBhutan2.8%
#99Flag of SlovakiaSlovakia2.8%
#100Flag of GreeceGreece2.7%
#101Flag of JapanJapan2.7%
#102Flag of DominicaDominica2.6%
#103Flag of MauritaniaMauritania2.5%
#104Flag of KiribatiKiribati2.5%
#105Flag of BulgariaBulgaria2.4%
#106Flag of CzechiaCzechia2.4%
#107Flag of PortugalPortugal2.4%
#108Flag of SingaporeSingapore2.4%
#109Flag of CanadaCanada2.4%
#110Flag of South KoreaSouth Korea2.3%
#111Flag of GermanyGermany2.3%
#112Flag of PalauPalau2.2%
#113Flag of AlbaniaAlbania2.2%
#114Flag of AzerbaijanAzerbaijan2.2%
#115Flag of IndonesiaIndonesia2.2%
#116Flag of SamoaSamoa2.2%
#117Flag of LibyaLibya2.1%
#118Flag of IrelandIreland2.1%
#119Flag of DjiboutiDjibouti2.1%
#120Flag of Timor-LesteTimor-Leste2.1%
#121Flag of LuxembourgLuxembourg2.1%
#122Flag of PeruPeru2.0%
#123Flag of FranceFrance2.0%
#124Flag of SloveniaSlovenia2.0%
#125Flag of MalaysiaMalaysia1.8%
#126Flag of CyprusCyprus1.8%
#127Flag of RwandaRwanda1.8%
#128Flag of Hong KongHong Kong1.7%
#129Flag of Bosnia and HerzegovinaBosnia and Herzegovina1.7%
#130Flag of Saudi ArabiaSaudi Arabia1.7%
#131Flag of United Arab EmiratesUnited Arab Emirates1.7%
#132Flag of MaltaMalta1.7%
#133Flag of FinlandFinland1.6%
#134Flag of JordanJordan1.6%
#135Flag of EcuadorEcuador1.5%
#136Flag of Central African RepublicCentral African Republic1.5%
#137Flag of MaldivesMaldives1.4%
#138Flag of DenmarkDenmark1.4%
#139Flag of ThailandThailand1.4%
#140Flag of QatarQatar1.3%
#141Flag of LatviaLatvia1.3%
#142Flag of San MarinoSan Marino1.2%
#143Flag of GabonGabon1.2%
#144Flag of BeninBenin1.2%
#145Flag of GeorgiaGeorgia1.1%
#146Flag of GrenadaGrenada1.1%
#147Flag of SwitzerlandSwitzerland1.1%
#148Flag of Cape VerdeCape Verde1.0%
#149Flag of MoroccoMorocco1.0%
#150Flag of ItalyItaly1.0%
#151Flag of BahrainBahrain0.9%
#152Flag of El SalvadorEl Salvador0.9%
#153Flag of CambodiaCambodia0.8%
#154Flag of SenegalSenegal0.8%
#155Flag of LithuaniaLithuania0.7%
#156Flag of PanamaPanama0.7%
#157Flag of Papua New GuineaPapua New Guinea0.6%
#158Flag of OmanOman0.6%
#159Flag of Trinidad and TobagoTrinidad and Tobago0.5%
#160Flag of BahamasBahamas0.4%
#161Flag of SeychellesSeychelles0.3%
#162Flag of ArmeniaArmenia0.3%
#163Flag of ChinaChina0.2%

Top Countries Analysis

Argentina (219.9%) leads all nations in inflation rate. The gap between Argentina and the 2nd-ranked South Sudan (91.4%) is 140.5%, a difference that reflects deep structural advantages rather than marginal variation. South Sudan itself sits 56.3% ahead of 3rd-ranked Turkey (58.5%), indicating that the top tier is not a cluster but a graduated hierarchy. Turkey leads 4th-placed Palestine (53.7%) by 9.0%. Rounding out the top five, Lebanon records 45.2%, sitting 18.6% behind Palestine. Collectively, these five countries account for 36.3% of the total inflation rate measured across all 163 ranked nations, highlighting how concentrated this metric is at the top of the distribution.

Global Distribution

The median inflation rate across all 163 countries is 3.1%, meaning half the world's nations fall below this threshold. The mean inflation rate of 7.9% is above the median, indicating a right-skewed distribution driven by high-value outliers pulling the average away from the center of the distribution. The interquartile range spans from 5.1% at the 25th percentile to 2.0% at the 75th percentile, a -60.4% spread that captures the typical variation among the middle half of all ranked countries. Countries at the 25th percentile, represented by Comoros (5.1%), stand substantially below the median, while countries near the 75th percentile, such as France (2.0%), approach the upper quarter of the ranking. This distributional shape has important implications for global policy comparisons: simple averages overstate the typical country's inflation rate when the distribution is right-skewed, and the median provides a more representative benchmark for most nations.

Regional Breakdown

Regional patterns in inflation rate are pronounced. Other accounts for 5 of the top 10 countries by inflation rate, led by South Sudan, Palestine, Lebanon. The full top-10 regional distribution is: Other: 5, Asia: 2, Africa: 2, Americas: 1. At the other end of the ranking, Other represents 7 of the bottom 10 countries, including Lithuania, Panama, Oman. The bottom-10 regional breakdown is: Other: 7, Africa: 1, Oceania: 1, Asia: 1. These geographic concentrations reflect underlying structural factors including historical development trajectories, geographic endowments, and regional integration, rather than any single policy variable.

Bottom of the Rankings

China's inflation rate of 0.2% is 93.1% below the global median of 3.1%. Armenia's inflation rate of 0.3% is 91.4% below the global median of 3.1%. Seychelles's inflation rate of 0.3% is 90.1% below the global median of 3.1%. The bottom of the inflation rate ranking is predominantly shaped by countries experiencing supply-side shocks, currency depreciation, or fiscal imbalances that erode household purchasing power. These low positions do not necessarily reflect recent decline; in many cases they represent long-standing structural conditions that change slowly. Policy interventions, international aid, and regional cooperation have produced meaningful improvements in some bottom-ranked countries over the past two decades, even when those improvements are not yet sufficient to move them out of the lowest tier.

Data Methodology

Inflation rate reflects the annual percentage change in the Consumer Price Index (CPI), which tracks the cost of a representative basket of goods and services purchased by households. Data is sourced from the World Bank WDI database, compiled from national statistical offices following IMF methodology. The composition of the CPI basket varies by country, reflecting different consumption patterns, so cross-country comparisons of absolute rates should be interpreted with care. Hyperinflationary episodes (rates exceeding 100% annually) can distort annual averages and make comparisons with stable-inflation countries misleading on a linear scale. Some countries lack timely CPI production capacity, and their figures may be estimated or interpolated. Core inflation, which excludes volatile food and energy prices, is a separate indicator used by central banks for monetary policy purposes. Data typically lags the reference year by one year.

Frequently Asked Questions

Which country has the highest inflation rate?

Argentina has the highest inflation rate among all ranked countries, at 219.9%. This places it 140.5% ahead of 2nd-ranked South Sudan (91.4%). The gap between the top-ranked country and the global median of 3.1% is 6894.9%, underscoring how far Argentina exceeds the typical nation on this measure. Data is sourced from the World Bank World Development Indicators database.

What is the global average inflation rate?

The global mean inflation rate across all 163 ranked countries is 7.9%. However, the mean is above the median of 3.1%, indicating the distribution is right-skewed by high-value outliers. For most comparative purposes, the median is a more representative central value because it is not distorted by extreme top or bottom observations. The 25th percentile sits at 5.1% and the 75th percentile at 2.0%.

How many countries are ranked by inflation rate?

This ranking includes 163 countries for which sufficient inflation rate data is available from the World Bank World Development Indicators database. Countries are excluded when data is missing for the most recent available year, which can occur for small territories, countries in conflict, or states with limited statistical capacity. The full global count of UN member states is 193, and additional territories may be included or excluded depending on data availability for each specific indicator. Rankings are updated as new World Bank data is released, typically on an annual cycle.

What is the inflation rate of the lowest-ranked country?

China records the lowest inflation rate among all 163 ranked countries, at 0.2%. This is 93.1% below the global median of 3.1%. The gap between the highest-ranked country (Argentina at 219.9%) and China represents a 1.0-thousand-fold difference, illustrating the extraordinary breadth of global variation in inflation rate. Low-ranked countries on most indicators face structural constraints including limited infrastructure, historical underdevelopment, or geographic disadvantage.

How does inflation rate vary across regions?

Regional variation in inflation rate is substantial. Among the top 10 countries, the dominant regions are Other (5 countries), Asia (2 countries), Africa (2 countries). Other holds the largest share with 5 countries in the top 10. Among the bottom 10, the most represented regions are Other (7 countries), Africa (1 countries), Oceania (1 countries), with Other accounting for 7 of those positions. These regional concentrations reflect accumulated differences in economic development, geographic endowments, governance quality, and integration into global trade networks. Regional averages should be interpreted carefully, as within-region variation can be as wide as cross-region variation for many indicators.

Related Rankings

PopulationGDPGDP Per CapitaAreaLife ExpectancyInfant Mortality

Data: World Bank Open Data · Last updated March 2026 · 163 countries ranked