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Global Inflation Ranking 2024

Rank countries by their latest CPI inflation rate, from the worst hyperinflation to deflation.

Global inflation surged in 2022-2023 driven by energy prices, supply chain disruptions, and loose monetary policy. By 2024, most advanced economies had brought inflation under control, but emerging markets continued to face price pressures. This ranking uses World Bank and IMF data to compare inflation across 190+ countries.

Key Data Points

Brazil, United States, Turkiye, India, Germany, Japan, Argentina, United Kingdom -- CPI change (%), GDP deflator (%)

CPI change (%)

Brazil

5.2 % annual

2025-01-01International Monetary Fund
CPI change (%)

United States

330.29 % annual

2026-03-01Federal Reserve Economic Data (FRED)
CPI change (%)

Turkiye

34.9 % annual

2025-01-01International Monetary Fund
CPI change (%)

India

2.8 % annual

2025-01-01International Monetary Fund
CPI change (%)

Germany

2.1 % annual

2025-01-01International Monetary Fund
CPI change (%)

Japan

3.3 % annual

2025-01-01International Monetary Fund
CPI change (%)

Argentina

41.3 % annual

2025-01-01International Monetary Fund
CPI change (%)

United Kingdom

3.4 % annual

2025-01-01International Monetary Fund
GDP deflator (%)

Brazil

4.08 % annual

2024-01-01World Bank
GDP deflator (%)

United States

2.48 % annual

2024-01-01World Bank
GDP deflator (%)

Turkiye

59.28 % annual

2024-01-01World Bank
GDP deflator (%)

India

3.08 % annual

2024-01-01World Bank
GDP deflator (%)

Germany

3.11 % annual

2024-01-01World Bank
GDP deflator (%)

Japan

2.89 % annual

2024-01-01World Bank
GDP deflator (%)

Argentina

207.61 % annual

2024-01-01World Bank
GDP deflator (%)

United Kingdom

3.62 % annual

2024-01-01World Bank

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