In economics, the inflation rate is a measure of the change in price of a basket of goods. The most common measure being the consumer price index. It is the percentage rate of change in price level over time, and also indicates the rate of decrease in the purchasing power of money. The annual rate of inflation for 2023, was 4.1 percent higher in the United States when compared to the previous year. More information on inflation and the consumer price index can be found on our dedicated topic page. Additionally, the monthly rate of inflation in the United States can be accessed here. Inflation and purchasing power Inflation is a key economic indicator, and gives economists and consumers alike a look at changes in prices in the wider economy. For example, if an average pair of socks costs 100 dollars one year and 105 dollars the following year, the inflation rate is five percent. This means the amount of goods an individual can purchase with a unit of currency has decreased. This concept is often referred to as purchasing power. The data presents the average rate of inflation in a year, whereas the monthly measure of inflation measures the change in prices compared with prices one year ago. For example, monthly inflation in the U.S. reached a peak in June 2022 at 9.1 percent. This means that prices were 9.1 percent higher than they were in June of 2021. The purchasing power is the extent to which a person has available funds to make purchases. The Big Mac Index has been published by The Economist since 1986 and exemplifies purchasing power on a global scale, allowing us to see note the differences between different countries currencies. Switzerland for example, has the most expensive Big Mac in the world, costing consumers 6.71 U.S. dollars as of July 2022, whereas a Big Mac cost 5.15 dollars in the United States, and 4.77 dollars in the Euro area. One of the most important tools in influencing the rate of inflation is interest rates. The Federal Reserve of the United States has the capacity to make changes to the federal interest rate . Changes to the rate of inflation are thought to be an imbalance between supply and demand. After COVID-19 related lockdowns came to an end there was a sudden increase in demand for goods and services with consumers having more funds than usual thanks to reduced spending during lockdown and government funded economic support. Additionally, supply-chain related bottlenecks also due to lockdowns around the world and the Russian invasion of Ukraine meant that there was a decrease in the supply of goods and services. By increasing the interest rate, the Federal Reserve aims to reduce spending, and thus bring demand back into balance with supply.

Poland Foreign Exchange Rate: NBP: NBP: Annual Average: US Dollar data was reported at 3.778 PLN/USD in 2017. This records a decrease from the previous number of 3.943 PLN/USD for 2016. Poland Foreign Exchange Rate: NBP: NBP: Annual Average: US Dollar data is updated yearly, averaging 3.235 PLN/USD from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 4.346 PLN/USD in 2000 and a record low of 1.815 PLN/USD in 1993. Poland Foreign Exchange Rate: NBP: NBP: Annual Average: US Dollar data remains active status in CEIC and is reported by National Bank of Poland. The data is categorized under Global Database’s Poland – Table PL.M010: Foreign Exchange Rate: Annual.

Inflation in Zimbabwe rose to 10.61 percent in 2018, and is projected to jump dramatically to 736.11 percent in 2024. After that, estimates predict a slow decline for now - however, given Zimbabwe’s history of poor monetary policy, including one of the worst instances of hyperinflation, this seems unrealistic. Inflation history Inflation depends significantly on economic expectations of it, making it hard to reduce inflation once it has hit higher levels. This happened in Zimbabwe in the years approaching 2008, at the end of which a single U.S. dollar was worth over 2.6 trillion Zimbabwe dollars, up from 10,000 Zimbabwe dollars at the start of 2005. This all but destroyed Zimbabwe’s economy, leading to very low gross domestic product (GDP) per capita and a government struggling to finance itself. The way ahead In 2009, the Zimbabwean dollar had twelve zeros slashed from the banknotes. This was not enough, and after three decades of rule, former Zimbabwean president Robert Mugabe was removed from power at the end of 2017. Citizens of the country are trying to hold foreign banknotes; they prefer U.S. dollars or euros, but the South African rand is more common. However, the rand’s performance against other currencies has been lackluster in recent years. This underscores the struggle that the Zimbabwean people have to find a stable currency at the moment.

Costa Rica: Stock market capitalization, billion USD: The latest value from 2022 is 2.23 billion U.S. dollars, an increase from 2.04 billion U.S. dollars in 2021. In comparison, the world average is 1225.97 billion U.S. dollars, based on data from 75 countries. Historically, the average for Costa Rica from 1993 to 2022 is 1.75 billion U.S. dollars. The minimum value, 0.36 billion U.S. dollars, was reached in 1993 while the maximum of 3.01 billion U.S. dollars was recorded in 2017.

Kazakhstan GDP: US Dollar data was reported at 159.400 USD bn in 2017. This records an increase from the previous number of 135.005 USD bn for 2016. Kazakhstan GDP: US Dollar data is updated yearly, averaging 57.124 USD bn from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 243.774 USD bn in 2013 and a record low of 5.620 USD bn in 1993. Kazakhstan GDP: US Dollar data remains active status in CEIC and is reported by The Agency of Statistics of the Republic of Kazakhstan. The data is categorized under Global Database’s Kazakhstan – Table KZ.A010: GDP: by Industry: Current Price: Annual.

New Caledonia: Exports of goods and services, billion USD: The latest value from 2017 is 1.93 billion U.S. dollars, an increase from 1.68 billion U.S. dollars in 2016. In comparison, the world average is 130.12 billion U.S. dollars, based on data from 172 countries. Historically, the average for New Caledonia from 1990 to 2017 is 1.15 billion U.S. dollars. The minimum value, 0.37 billion U.S. dollars, was reached in 1993 while the maximum of 2.42 billion U.S. dollars was recorded in 2007.

Croatia: Current account balance, billion USD: The latest value from 2024 is -1.05 billion U.S. dollars, a decline from 0.64 billion U.S. dollars in 2023. In comparison, the world average is 14.17 billion U.S. dollars, based on data from 67 countries. Historically, the average for Croatia from 1993 to 2024 is -1.15 billion U.S. dollars. The minimum value, -7.48 billion U.S. dollars, was reached in 2008 while the maximum of 2.28 billion U.S. dollars was recorded in 2017.

This table contains 45 series, with data for years 1950 - 2015 (not all combinations necessarily have data for all years), and was last released on 2016-01-05. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Type of currency (45 items: United States dollar; noon spot rate; average; Danish krone; noon spot rate; average; French franc; noon spot rate; average; Belgian franc; noon spot rate; average ...).

In 2022, one U.S. dollar could buy 19.16 Egyptian pounds. The official exchange rate generally increased in the observed period, with the Egyptian currency losing value gradually. Between 2016 and 2017, the currency faced a severe devaluation settling at 17.78 Egyptian pounds per dollar.

Time series data for the statistic Imports_Malta_from_Tuvalu. Indicator Definition:Goods, Value of Imports, Cost, Insurance, Freight (CIF), US Dollars

Ukraine UA: Official Rate: Period Average: USD per National Currency data was reported at 0.038 USD/UAH in 2017. This records a decrease from the previous number of 0.039 USD/UAH for 2016. Ukraine UA: Official Rate: Period Average: USD per National Currency data is updated yearly, averaging 0.188 USD/UAH from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 22.063 USD/UAH in 1993 and a record low of 0.038 USD/UAH in 2017. Ukraine UA: Official Rate: Period Average: USD per National Currency data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ukraine – Table UA.IMF.IFS: Foreign Exchange Rates: Annual.

Time series data for the statistic Exports_Vietnam_to_Uzbekistan. Indicator Definition:Goods, Value of Exports, Free on board (FOB), US DollarsThe indicator "Goods, Value of Exports, Free on board (FOB), US Dollars" stands at 0.6962 Million as of 12/31/2017, the lowest value since 1/31/2001. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -13.49 percent compared to the value the year prior.The 1 year change in percent is -13.49.The Serie's long term average value is 0.394 Million. It's latest available value, on 12/31/2017, is 76.53 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 1/31/1993, to it's latest available value, on 12/31/2017, is +19,792.17%.The Serie's change in percent from it's maximum value, on 1/31/2015, to it's latest available value, on 12/31/2017, is -53.63%.

Time series data for the statistic Trade_Balance_Dominica_with_Vanuatu. Indicator Definition:Goods, Value of Trade Balance, US Dollars

United States CES: $30 to 39.999 Th: AAE: HG: HO: Other Household Expenses data was reported at 759.000 USD in 2017. This records an increase from the previous number of 706.000 USD for 2016. United States CES: $30 to 39.999 Th: AAE: HG: HO: Other Household Expenses data is updated yearly, averaging 252.500 USD from Dec 1984 (Median) to 2017, with 34 observations. The data reached an all-time high of 759.000 USD in 2017 and a record low of 144.000 USD in 1993. United States CES: $30 to 39.999 Th: AAE: HG: HO: Other Household Expenses data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.H044: Consumer Expenditure Survey: By Income Level.

Time series data for the statistic Trade_Balance_Grenada_with_Guam. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -0.03 Thousand as of 5/31/2025. Regarding the One-Year-Change of the series, the current value is equal to the value the year prior.The 1 year change in percent is 0.0.The Serie's long term average value is -0.417 Thousand. It's latest available value, on 5/31/2025, is 92.80 percent higher, compared to it's long term average value.The Serie's change from it's minimum value, on 2/28/2017, to it's latest available value, on 5/31/2025, is +4.58 Thousand.The Serie's change from it's maximum value, on 1/31/1996, to it's latest available value, on 5/31/2025, is -0.025 Thousand.

Time series data for the statistic Trade_Balance_Malawi_with_Chile. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -24.51 Thousand as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.356 Thousand compared to the value the year prior.The Serie's long term average value is -3.92 Thousand. It's latest available value, on 5/31/2025, is -20.58 Thousand lower, compared to it's long term average value.The Serie's change from it's minimum value, on 10/31/1993, to it's latest available value, on 5/31/2025, is +406.69 Thousand.The Serie's change from it's maximum value, on 3/31/2017, to it's latest available value, on 5/31/2025, is -103.93 Thousand.

Hungary HU: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 12,870.000 USD in 2017. This records an increase from the previous number of 12,500.000 USD for 2016. Hungary HU: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 10,440.000 USD from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 13,460.000 USD in 2014 and a record low of 3,700.000 USD in 1993. Hungary HU: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hungary – Table HU.World Bank: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Time series data for the statistic Trade_Balance_Turkmenistan_with_Ireland. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -0.1969 Million as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.1654 Million compared to the value the year prior.The Serie's long term average value is -0.229 Million. It's latest available value, on 5/31/2025, is 0.0322 Million higher, compared to it's long term average value.The Serie's change from it's minimum value, on 3/31/2017, to it's latest available value, on 5/31/2025, is +16.10 Million.The Serie's change from it's maximum value, on 9/30/1996, to it's latest available value, on 5/31/2025, is -6.66 Million.

Ukraine UA: Official Rate: Period Average: National Currency per USD data was reported at 26.597 UAH/USD in 2017. This records an increase from the previous number of 25.551 UAH/USD for 2016. Ukraine UA: Official Rate: Period Average: National Currency per USD data is updated yearly, averaging 5.327 UAH/USD from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 26.597 UAH/USD in 2017 and a record low of 0.045 UAH/USD in 1993. Ukraine UA: Official Rate: Period Average: National Currency per USD data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ukraine – Table UA.IMF.IFS: Foreign Exchange Rates: Annual.

Time series data for the statistic Trade_Balance_Barbados_with_the_Czechia. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe Serie's long term average value is -36.56 Thousand. It's latest available value, on 5/31/2025, is -30.18 Thousand lower, compared to it's long term average value.The Serie's change from it's minimum value, on 1/31/1996, to it's latest available value, on 5/31/2025, is +489.37 Thousand.The Serie's change from it's maximum value, on 6/30/2017, to it's latest available value, on 5/31/2025, is -276.71 Thousand.