Countries by average annual inflation
Venezuela had the highest average annual inflation of 188 countries in 2015, at 121.7%. Lebanon had the lowest, at -3.7%. The median was 1.4% and the figure for the World was 1.4%. Source: the World Bank.
Top 40 countries, 2015
Full ranking
| Rank | Countries | 2015 (%) | Change on 2014 |
|---|---|---|---|
| 1 | Venezuela | 121.7 | +59.6 pts |
| 2 | South Sudan | 52.8 | +51.1 pts |
| 3 | Ukraine | 48.7 | +36.6 pts |
| 4 | Syria | 38.5 | +27.5 pts |
| 5 | Malawi | 21.9 | -1.9 pts |
| 6 | Ghana | 17.1 | +1.7 pts |
| 7 | Sudan | 16.9 | -20 pts |
| 8 | Russia | 15.5 | +7.7 pts |
| 9 | Belarus | 13.5 | -4.6 pts |
| 10 | Iran | 12.5 | -4.1 pts |
| 11 | Guinea | 11.8 | +5.6 pts |
| 12 | Libya | 10.4 | +8 pts |
| 13 | Egypt | 10.4 | +0.3 pts |
| 14 | Zambia | 10.1 | +2.3 pts |
| 15 | Moldova | 9.7 | +4.6 pts |
| 16 | Ethiopia | 9.6 | +2.7 pts |
| 17 | Myanmar | 9.5 | +4.5 pts |
| 18 | Angola | 9.4 | +2.1 pts |
| 19 | Brazil | 9 | +2.7 pts |
| 20 | Nigeria | 9 | +1 pts |
| 21 | Uzbekistan | 8.8 | -0.5 pts |
| 22 | Uruguay | 8.7 | -0.2 pts |
| 23 | Nepal | 7.9 | -0.5 pts |
| 24 | Liberia | 7.7 | -2.1 pts |
| 25 | Türkiye | 7.7 | -1.2 pts |
| 26 | Madagascar | 7.4 | +1.3 pts |
| 27 | Suriname | 6.9 | +3.5 pts |
| 28 | Gambia | 6.8 | +0.9 pts |
| 29 | Haiti | 6.7 | +3.3 pts |
| 30 | Sierra Leone | 6.7 | +2.1 pts |
| 31 | Kazakhstan | 6.7 | -0.2 pts |
| 32 | Kenya | 6.6 | -0.3 pts |
| 33 | Kyrgyzstan | 6.5 | -1 pts |
| 34 | Indonesia | 6.4 | -0 pts |
| 35 | Bangladesh | 6.2 | -0.8 pts |
| 36 | Papua New Guinea | 6 | +0.8 pts |
| 37 | Mongolia | 5.7 | -6.5 pts |
| 38 | Tajikistan | 5.7 | -0.4 pts |
| 39 | Uganda | 5.6 | +2.5 pts |
| 40 | Tanzania | 5.6 | -0.5 pts |
| 41 | Burundi | 5.5 | +1.1 pts |
| 42 | São Tomé and Príncipe | 5.2 | -1.8 pts |
| 43 | Colombia | 5 | +2.1 pts |
| 44 | Eswatini | 5 | -0.7 pts |
| 45 | India | 4.9 | -1.8 pts |
| 46 | Algeria | 4.8 | +1.9 pts |
| 47 | Trinidad and Tobago | 4.7 | -1 pts |
| 48 | Macao | 4.6 | -1.5 pts |
| 49 | Bhutan | 4.5 | -3.7 pts |
| 50 | South Africa | 4.5 | -1.6 pts |
| 51 | Tunisia | 4.4 | -0.2 pts |
| 52 | Chad | 4.4 | +2.7 pts |
| 53 | Chile | 4.3 | -0.4 pts |
| 54 | United Arab Emirates | 4.1 | +1.7 pts |
| 55 | Bolivia | 4.1 | -1.7 pts |
| 56 | Seychelles | 4 | +2.7 pts |
| 57 | Azerbaijan | 4 | +2.7 pts |
| 58 | Georgia | 4 | +0.9 pts |
| 59 | Nicaragua | 4 | -2 pts |
| 60 | Ecuador | 4 | +0.4 pts |
| 61 | Sri Lanka | 3.8 | +0.6 pts |
| 62 | Armenia | 3.7 | +0.8 pts |
| 63 | Jamaica | 3.7 | -4.6 pts |
| 64 | Mozambique | 3.6 | +1 pts |
| 65 | Peru | 3.4 | -0 pts |
| 66 | Namibia | 3.4 | -2 pts |
| 67 | Kuwait | 3.3 | +0.4 pts |
| 68 | Mauritania | 3.3 | -0.3 pts |
| 69 | Lesotho | 3.2 | -2.2 pts |
| 70 | Republic of the Congo | 3.2 | +2.3 pts |
| 71 | Honduras | 3.2 | -3 pts |
| 72 | Paraguay | 3.1 | -1.9 pts |
| 73 | Botswana | 3.1 | -1.3 pts |
| 74 | Hong Kong | 3 | -1.4 pts |
| 75 | Mexico | 2.7 | -1.3 pts |
| 76 | Cameroon | 2.7 | +0.8 pts |
| 77 | Togo | 2.6 | +2.4 pts |
| 78 | Pakistan | 2.5 | -4.7 pts |
| 79 | Rwanda | 2.5 | +0.2 pts |
| 80 | Vanuatu | 2.5 | +1.7 pts |
| 81 | Guatemala | 2.4 | -1 pts |
| 82 | Norway | 2.2 | +0.1 pts |
| 83 | Malaysia | 2.1 | -1 pts |
| 84 | Albania | 1.9 | +0.3 pts |
| 85 | Bahamas | 1.9 | +0.3 pts |
| 86 | Bahrain | 1.8 | -0.8 pts |
| 87 | Qatar | 1.8 | -1.5 pts |
| 88 | Equatorial Guinea | 1.7 | -2.6 pts |
| 89 | Iceland | 1.6 | -0.4 pts |
| 90 | Morocco | 1.6 | +1.1 pts |
| 91 | Montenegro | 1.5 | +2.3 pts |
| 92 | Australia | 1.5 | -1 pts |
| 93 | Guinea-Bissau | 1.5 | +3 pts |
| 94 | Mali | 1.5 | +0.6 pts |
| 95 | China | 1.4 | -0.5 pts |
| 96 | Palestine | 1.4 | -0.3 pts |
| 97 | Central African Republic | 1.4 | -13.5 pts |
| 98 | Iraq | 1.4 | -0.8 pts |
| 99 | Serbia | 1.4 | -0.7 pts |
| 100 | Fiji | 1.4 | +0.9 pts |
| 101 | Mauritius | 1.3 | -1.9 pts |
| 102 | Laos | 1.3 | -2.9 pts |
| 103 | Côte d’Ivoire | 1.3 | +0.8 pts |
| 104 | Cambodia | 1.2 | -2.6 pts |
| 105 | Saudi Arabia | 1.2 | -0.7 pts |
| 106 | Canada | 1.1 | -0.8 pts |
| 107 | Malta | 1.1 | +0.8 pts |
| 108 | Antigua and Barbuda | 1 | -0.1 pts |
| 109 | Maldives | 1 | -1.2 pts |
| 110 | Palau | 0.9 | -3.2 pts |
| 111 | Austria | 0.9 | -0.7 pts |
| 112 | Dominican Republic | 0.8 | -2.2 pts |
| 113 | Costa Rica | 0.8 | -3.7 pts |
| 114 | Japan | 0.8 | -2 pts |
| 115 | Democratic Republic of the Congo | 0.7 | -0.5 pts |
| 116 | Burkina Faso | 0.7 | +1 pts |
| 117 | Samoa | 0.7 | +1.1 pts |
| 118 | South Korea | 0.7 | -0.6 pts |
| 119 | Philippines | 0.7 | -2.9 pts |
| 120 | Vietnam | 0.6 | -3.5 pts |
| 121 | Netherlands | 0.6 | -0.4 pts |
| 122 | Kiribati | 0.6 | -1.5 pts |
| 123 | New Caledonia | 0.6 | +0.4 pts |
| 124 | Belgium | 0.6 | +0.2 pts |
| 125 | Timor-Leste | 0.6 | -0.2 pts |
| 126 | Germany | 0.5 | -0.4 pts |
| 127 | Portugal | 0.5 | +0.8 pts |
| 128 | Aruba | 0.5 | +0.1 pts |
| 129 | Luxembourg | 0.5 | -0.2 pts |
| 130 | Denmark | 0.5 | -0.1 pts |
| 131 | United Kingdom | 0.4 | -1.1 pts |
| 132 | Sint Maarten | 0.3 | -1.6 pts |
| 133 | Czechia | 0.3 | -0 pts |
| 134 | New Zealand | 0.3 | -0.9 pts |
| 135 | Benin | 0.2 | +0.8 pts |
| 136 | Latvia | 0.2 | -0.4 pts |
| 137 | San Marino | 0.1 | -1 pts |
| 138 | Panama | 0.1 | -2.5 pts |
| 139 | Senegal | 0.1 | +1.2 pts |
| 140 | Cape Verde | 0.1 | +0.4 pts |
| 141 | United States | 0.1 | -1.5 pts |
| 142 | Oman | 0.1 | -0.9 pts |
| 143 | France | 0 | -0.5 pts |
| 144 | Italy | 0 | -0.2 pts |
| 145 | Sweden | -0 | +0.1 pts |
| 146 | Hungary | -0.1 | +0.2 pts |
| 147 | Bulgaria | -0.1 | +1.3 pts |
| 148 | Comoros | -0.1 | -7.7 pts |
| 149 | Finland | -0.2 | -1.3 pts |
| 150 | Micronesia | -0.3 | -0.9 pts |
| 151 | North Macedonia | -0.3 | -0 pts |
| 152 | Slovakia | -0.3 | -0.2 pts |
| 153 | Ireland | -0.3 | -0.5 pts |
| 154 | Gabon | -0.3 | -5 pts |
| 155 | Brunei | -0.4 | -0.2 pts |
| 156 | Croatia | -0.5 | -0.2 pts |
| 157 | Curaçao | -0.5 | -2 pts |
| 158 | Estonia | -0.5 | -0.4 pts |
| 159 | Spain | -0.5 | -0.3 pts |
| 160 | Grenada | -0.5 | +0.5 pts |
| 161 | Singapore | -0.5 | -1.6 pts |
| 162 | Djibouti | -0.5 | -1.9 pts |
| 163 | Slovenia | -0.5 | -0.7 pts |
| 164 | Solomon Islands | -0.6 | -5.7 pts |
| 165 | Niger | -0.6 | +0.4 pts |
| 166 | Romania | -0.6 | -1.7 pts |
| 167 | Israel | -0.6 | -1.1 pts |
| 168 | Afghanistan | -0.7 | -5.3 pts |
| 169 | El Salvador | -0.7 | -1.9 pts |
| 170 | Dominica | -0.8 | -1.6 pts |
| 171 | Belize | -0.9 | -2.1 pts |
| 172 | Guyana | -0.9 | -1.5 pts |
| 173 | Poland | -0.9 | -0.9 pts |
| 174 | Jordan | -0.9 | -3.8 pts |
| 175 | Lithuania | -0.9 | -1 pts |
| 176 | Thailand | -0.9 | -2.8 pts |
| 177 | Saint Lucia | -1 | -4.5 pts |
| 178 | Bosnia and Herzegovina | -1 | -0.1 pts |
| 179 | Tonga | -1.1 | -3.6 pts |
| 180 | Barbados | -1.1 | -2.9 pts |
| 181 | Switzerland | -1.1 | -1.1 pts |
| 182 | Greece | -1.7 | -0.4 pts |
| 183 | Saint Vincent and the Grenadines | -1.7 | -1.9 pts |
| 184 | Cyprus | -2.1 | -0.7 pts |
| 185 | Saint Kitts and Nevis | -2.3 | -2.5 pts |
| 186 | Cayman Islands | -2.3 | -3.6 pts |
| 187 | Zimbabwe | -2.4 | -2.2 pts |
| 188 | Lebanon | -3.7 | -5.6 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. 4 countries with data in other periods have no value for 2015 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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Rank Countries by average annual inflation using official data, and cite the source.
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Questions
Which country has the highest average annual inflation?
Venezuela, with 121.7% in 2015, according to the World Bank.
Which country has the lowest average annual inflation?
Lebanon, with -3.7% in 2015.
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. 4 countries have no value for 2015 and are not ranked.
Inflation, annual average: other rankings
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