Data / Rankings / Inflation, annual average / Countries

Countries by average annual inflation

Venezuela had the highest average annual inflation of 189 countries in 2014, at 62.2%. Guinea-Bissau had the lowest, at -1.5%. The median was 2.4% and the figure for the World was 2.4%. Source: the World Bank.

Highest62.2Venezuela
Lowest-1.5Guinea-Bissau
Median2.4189 countries
World2.4History

Top 40 countries, 2014

CSVChart (SVG)

VenezuelaVenezuela: 62.2 %62.2SudanSudan: 36.9 %36.9MalawiMalawi: 23.8 %23.8BelarusBelarus: 18.1 %18.1IranIran: 16.6 %16.6GhanaGhana: 15.5 %15.5Central African RepublicCentral African Republic: 14.9 %14.9MongoliaMongolia: 12.3 %12.3UkraineUkraine: 12.1 %12.1SyriaSyria: 10.9 %10.9EgyptEgypt: 10.1 %10.1LiberiaLiberia: 9.9 %9.9UzbekistanUzbekistan: 9.3 %9.3UruguayUruguay: 8.9 %8.9TürkiyeTürkiye: 8.9 %8.9NepalNepal: 8.4 %8.4JamaicaJamaica: 8.3 %8.3BhutanBhutan: 8.3 %8.3YemenYemen: 8.1 %8.1NigeriaNigeria: 8 %8RussiaRussia: 7.8 %7.8ZambiaZambia: 7.8 %7.8ComorosComoros: 7.5 %7.5KyrgyzstanKyrgyzstan: 7.5 %7.5AngolaAngola: 7.3 %7.3PakistanPakistan: 7.2 %7.2São Tomé and PríncipeSão Tomé and Príncipe: 7 %7BangladeshBangladesh: 7 %7EthiopiaEthiopia: 6.9 %6.9KenyaKenya: 6.9 %6.9KazakhstanKazakhstan: 6.8 %6.8IndiaIndia: 6.7 %6.7IndonesiaIndonesia: 6.4 %6.4BrazilBrazil: 6.3 %6.3GuineaGuinea: 6.2 %6.2South AfricaSouth Africa: 6.1 %6.1TanzaniaTanzania: 6.1 %6.1HondurasHonduras: 6.1 %6.1TajikistanTajikistan: 6.1 %6.1MadagascarMadagascar: 6.1 %6.1
%. Source: World Bank. Retrieved 2026-10-09.

Full ranking

RankCountries2014 (%)Change on 2013
1Venezuela62.2+21.5 pts
2Sudan36.9+0.4 pts
3Malawi23.8-3.5 pts
4Belarus18.1-0.2 pts
5Iran16.6-20 pts
6Ghana15.5+3.8 pts
7Central African Republic14.9+7.9 pts
8Mongolia12.3+1.8 pts
9Ukraine12.1+12.3 pts
10Syria10.9-29.1 pts
11Egypt10.1+0.6 pts
12Liberia9.9+2.3 pts
13Uzbekistan9.3-2.6 pts
14Uruguay8.9+0.3 pts
15Türkiye8.9+1.4 pts
16Nepal8.4-0.7 pts
17Jamaica8.3-1.1 pts
18Bhutan8.3-0.5 pts
19Yemen8.1-2.9 pts
20Nigeria8-0.4 pts
21Russia7.8+1.1 pts
22Zambia7.8+0.8 pts
23Comoros7.5+11.8 pts
24Kyrgyzstan7.5+0.9 pts
25Angola7.3-1.5 pts
26Pakistan7.2-0.5 pts
27São Tomé and Príncipe7-1.1 pts
28Bangladesh7-0.5 pts
29Ethiopia6.9-0.6 pts
30Kenya6.9+1.2 pts
31Kazakhstan6.8+0.9 pts
32India6.7-3.4 pts
33Indonesia6.4-0 pts
34Brazil6.3+0.1 pts
35Guinea6.2-5.7 pts
36South Africa6.1+0.4 pts
37Tanzania6.1-1.7 pts
38Honduras6.1+1 pts
39Tajikistan6.1+1.1 pts
40Madagascar6.1+0.3 pts
41Macao6+0.5 pts
42Nicaragua6-1.1 pts
43Gambia5.9+0.2 pts
44Bolivia5.80 pts
45Trinidad and Tobago5.7+0.5 pts
46Eswatini5.7+0.1 pts
47Lesotho5.4+0.5 pts
48Namibia5.4-0.3 pts
49Papua New Guinea5.2+0.3 pts
50Solomon Islands5.2-0.2 pts
51Moldova5.1+0.5 pts
52Paraguay5+2.3 pts
53Myanmar5-0.7 pts
54Chile4.7+2.9 pts
55Gabon4.7+4.2 pts
56Afghanistan4.7-2.7 pts
57Sierra Leone4.6-0.9 pts
58Tunisia4.6-0.7 pts
59Costa Rica4.5-0.7 pts
60Hong Kong4.4+0.1 pts
61Burundi4.4-3.5 pts
62Botswana4.4-1.5 pts
63Equatorial Guinea4.3+1.4 pts
64Palau4.2+0.8 pts
65Laos4.1-2.2 pts
66Vietnam4.1-2.5 pts
67Mexico4+0.2 pts
68Cambodia3.9+0.9 pts
69Philippines3.6+1 pts
70Ecuador3.6+0.9 pts
71Mauritania3.5-0.6 pts
72Saint Lucia3.5+2 pts
73Haiti3.4-1.3 pts
74Guatemala3.4-0.9 pts
75Peru3.4+0.6 pts
76Suriname3.4+1.5 pts
77Qatar3.3+0.1 pts
78Mauritius3.2-0.3 pts
79Sri Lanka3.2-3.7 pts
80Malaysia3.1+1 pts
81Uganda3.1-1.8 pts
82Georgia3.1+3.6 pts
83Dominican Republic3-1.8 pts
84Armenia3-2.8 pts
85Algeria2.9-0.3 pts
86Kuwait2.9+0.2 pts
87Jordan2.9-1.9 pts
88Colombia2.9+0.9 pts
89Japan2.8+2.4 pts
90Bahrain2.6-0.7 pts
91Panama2.6-1.4 pts
92Mozambique2.6-1.7 pts
93Tonga2.5+1.7 pts
94Australia2.50 pts
95Libya2.4-0.2 pts
96Rwanda2.4-3.6 pts
97United Arab Emirates2.3+1.2 pts
98Iraq2.2+0.4 pts
99Maldives2.1-1.7 pts
100Kiribati2.1+3.6 pts
101Serbia2.1-5.6 pts
102Norway2.1-0.1 pts
103Iceland2-1.8 pts
104China1.9-0.7 pts
105Canada1.9+1 pts
106Thailand1.9-0.3 pts
107Sint Maarten1.9-0.6 pts
108Cameroon1.9-0.2 pts
109Lebanon1.9-3 pts
110Saudi Arabia1.8-1.3 pts
111Barbados1.8-0 pts
112Palestine1.70 pts
113Chad1.7+1.5 pts
114South Sudan1.7+1.7 pts
115Albania1.6-0.3 pts
116United States1.6+0.2 pts
117Austria1.6-0.4 pts
118Bahamas1.5+0.8 pts
119Curaçao1.5+0.2 pts
120United Kingdom1.5-0.8 pts
121Seychelles1.4-3 pts
122Azerbaijan1.4-1 pts
123Djibouti1.3+13.9 pts
124South Korea1.3-0 pts
125Cayman Islands1.3-0.9 pts
126Democratic Republic of the Congo1.2+0.4 pts
127New Zealand1.2+0.1 pts
128Belize1.2+0.7 pts
129El Salvador1.1+0.4 pts
130San Marino1.1-0.5 pts
131Antigua and Barbuda1.10 pts
132Romania1.1-2.9 pts
133Finland1-0.4 pts
134Singapore1-1.3 pts
135Oman1-0 pts
136Netherlands1-1.5 pts
137Republic of the Congo0.9-3.7 pts
138Germany0.9-0.6 pts
139Mali0.9+1.5 pts
140Dominica0.8+0.8 pts
141Vanuatu0.8-0.7 pts
142Timor-Leste0.7-10.4 pts
143Guyana0.7-1.2 pts
144Micronesia0.7-1.1 pts
145Luxembourg0.6-1.1 pts
146Latvia0.6+0.6 pts
147Denmark0.6-0.2 pts
148Fiji0.5-2.4 pts
149France0.5-0.4 pts
150Israel0.5-1.1 pts
151Côte d’Ivoire0.4-2.1 pts
152Morocco0.4-1.4 pts
153Aruba0.4+2.8 pts
154Belgium0.3-0.8 pts
155Czechia0.3-1.1 pts
156Malta0.3-0.9 pts
157Saint Kitts and Nevis0.2-0.9 pts
158Italy0.2-1 pts
159Slovenia0.2-1.6 pts
160Saint Vincent and the Grenadines0.2-0.6 pts
161Ireland0.2-0.3 pts
162Togo0.2-1.6 pts
163New Caledonia0.2-1.1 pts
164Lithuania0.1-0.9 pts
165Poland0.1-0.9 pts
166Switzerland-0+0.2 pts
167Slovakia-0.1-1.5 pts
168Estonia-0.1-2.9 pts
169Spain-0.2-1.6 pts
170Sweden-0.2-0.1 pts
171Zimbabwe-0.2-1.8 pts
172Brunei-0.2-0.6 pts
173Croatia-0.2-2.4 pts
174Hungary-0.2-2 pts
175Cape Verde-0.2-1.7 pts
176Burkina Faso-0.3-0.8 pts
177Portugal-0.3-0.6 pts
178North Macedonia-0.3-3.1 pts
179Samoa-0.4-1 pts
180Benin-0.5-1 pts
181Montenegro-0.7-2.9 pts
182Bosnia and Herzegovina-0.9-0.8 pts
183Niger-0.9-3.2 pts
184Grenada-1-0.9 pts
185Senegal-1.1-1.8 pts
186Greece-1.3-0.4 pts
187Cyprus-1.4-1 pts
188Bulgaria-1.4-2.3 pts
189Guinea-Bissau-1.5-2.7 pts

Other periods

About this ranking

Annual average change in the consumer price index, percent.

United States: percent change between the annual average CPI-U (all items, US city average) of the year and of the previous year, rounded to one decimal as the Bureau of Labor Statistics publishes it; both averages are shown with each value. A whole-year figure: it differs from the December 12-month change in cpi_annual_change. Other countries and the World: World Bank, from IMF International Financial Statistics and national sources; the World value is the median of country rates, not a weighted average.

Every value in the ranking comes from the same publisher and the same period, so the countries are compared on one definition. 3 countries with data in other periods have no value for 2014 and are left out rather than filled from another source. Equal values share a rank.

How to cite

World Bank, World Development Indicators. Inflation, consumer prices, annual % (FP.CPI.TOTL.ZG). https://data.worldbank.org/indicator/FP.CPI.TOTL.ZG. Retrieved 2026-10-09.

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Questions

Which country has the highest average annual inflation?

Venezuela, with 62.2% in 2014, according to the World Bank.

Which country has the lowest average annual inflation?

Guinea-Bissau, with -1.5% in 2014.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: World Bank, Inflation, consumer prices, annual % (FP.CPI.TOTL.ZG). Retrieved 2026-10-09. 3 countries have no value for 2014 and are not ranked.

Inflation, annual average: other rankings

Countries: more rankings