Which countries in Africa have the highest inflation rates?
As we showed above, many of the highest inflation countries are in Africa including Sudan, Zimbabwe, and Ethiopia. South African inflation is pretty much middle of the road at 5.9%. World Inflation Data Courtesy of Trading Economics where you can view the full list of Nations and their inflation rates.
What is the inflation rate around the world?
In this article, we will look at global inflation rates by country and inflation around the world. The average inflation rate around the world is 7.4%. The global inflation rate surged from 4.35% in 2021, and 3.18% in 2020. The top countries with the highest inflation are the typical group of suspects.
What is in the global inflation database?
The database also provides aggregate inflation for global, advanced-economy, and emerging market and developing economies as well as measures of global commodity prices.
Which countries suffer the most from hyperinflation?
The top ten have suffered from hyperinflation consistently even when the rest of the world had very low inflation rates. As of this writing, Sudan is the country with the highest inflation rate in the world at 260%.