100+ datasets found
  1. Global inflation rate from 2000 to 2030

    • statista.com
    • abripper.com
    Updated Nov 19, 2025
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    Statista (2025). Global inflation rate from 2000 to 2030 [Dataset]. https://www.statista.com/statistics/256598/global-inflation-rate-compared-to-previous-year/
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    Dataset updated
    Nov 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 2025
    Area covered
    Worldwide
    Description

    Inflation is generally defined as the continued increase in the average prices of goods and services in a given region. Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now known as the Great Recession, but inflation was fairly stable throughout the 2010s, before the current inflation crisis began in 2021. Recent years Despite the economic impact of the coronavirus pandemic, the global inflation rate fell to 3.26 percent in the pandemic's first year, before rising to 4.66 percent in 2021. This increase came as the impact of supply chain delays began to take more of an effect on consumer prices, before the Russia-Ukraine war exacerbated this further. A series of compounding issues such as rising energy and food prices, fiscal instability in the wake of the pandemic, and consumer insecurity have created a new global recession, and global inflation in 2024 is estimated to have reached 5.76 percent. This is the highest annual increase in inflation since 1996. Venezuela Venezuela is the country with the highest individual inflation rate in the world, forecast at around 200 percent in 2022. While this is figure is over 100 times larger than the global average in most years, it actually marks a decrease in Venezuela's inflation rate, which had peaked at over 65,000 percent in 2018. Between 2016 and 2021, Venezuela experienced hyperinflation due to the government's excessive spending and printing of money in an attempt to curve its already-high inflation rate, and the wave of migrants that left the country resulted in one of the largest refugee crises in recent years. In addition to its economic problems, political instability and foreign sanctions pose further long-term problems for Venezuela. While hyperinflation may be coming to an end, it remains to be seen how much of an impact this will have on the economy, how living standards will change, and how many refugees may return in the coming years.

  2. T

    India Inflation Rate

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 12, 2025
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    TRADING ECONOMICS (2025). India Inflation Rate [Dataset]. https://tradingeconomics.com/india/inflation-cpi
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    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Nov 12, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 2012 - Oct 31, 2025
    Area covered
    India
    Description

    Inflation Rate in India decreased to 0.25 percent in October from 1.44 percent in September of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  3. U.S. monthly inflation rate 2025

    • statista.com
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    Statista, U.S. monthly inflation rate 2025 [Dataset]. https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Sep 2021 - Sep 2025
    Area covered
    United States
    Description

    In September 2025, prices had increased by three percent compared to September 2024, according to the 12-month percentage change in the consumer price index — the monthly inflation rate for goods and services in the United States. The data represents U.S. city averages. In economics, the inflation rate is a measure of the change in price level over time. The rate of decrease in the purchasing power of money is approximately equal. A projection of the annual U.S. inflation rate can be accessed here and the actual annual inflation rate since 1990 can be accessed here. InflationOne of the most important economic indicators is the development of the Consumer Price Index in a country. The change in this price level of goods and services is defined as the rate of inflation. The inflationary situation in the United States had been relatively severe in 2022 due to global events relating to COVID-19, supply chain restraints, and the Russian invasion of Ukraine. More information on U.S. inflation may be found on our dedicated topic page. The annual inflation rate in the United States has increased from 3.2 percent in 2011 to 8.3 percent in 2022. This means that the purchasing power of the U.S. dollar has weakened in recent years. The purchasing power is the extent to which a person has available funds to make purchases. According to the data published by the International Monetary Fund, the U.S. Consumer Price Index (CPI) was about 258.84 in 2020 and is forecasted to grow up to 325.6 by 2027, compared to the base period from 1982 to 1984. The monthly percentage change in the Consumer Price Index (CPI) for urban consumers in the United States was 0.1 percent in March 2023 compared to the previous month. In 2022, countries all around the world are experienced high levels of inflation. Although Brazil already had an inflation rate of 8.3 percent in 2021, compared to the previous year, while the inflation rate in China stood at 0.85 percent.

  4. T

    Hong Kong Inflation Rate

    • tradingeconomics.com
    • ru.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Oct 23, 2025
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    TRADING ECONOMICS (2025). Hong Kong Inflation Rate [Dataset]. https://tradingeconomics.com/hong-kong/inflation-cpi
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    json, xml, excel, csvAvailable download formats
    Dataset updated
    Oct 23, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Oct 31, 1981 - Oct 31, 2025
    Area covered
    Hong Kong
    Description

    Inflation Rate in Hong Kong increased to 1.20 percent in October from 1.10 percent in September of 2025. This dataset provides the latest reported value for - Hong Kong Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  5. y

    US Inflation Rate

    • ycharts.com
    html
    Updated Oct 24, 2025
    + more versions
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    Bureau of Labor Statistics (2025). US Inflation Rate [Dataset]. https://ycharts.com/indicators/us_inflation_rate
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    htmlAvailable download formats
    Dataset updated
    Oct 24, 2025
    Dataset provided by
    YCharts
    Authors
    Bureau of Labor Statistics
    License

    https://www.ycharts.com/termshttps://www.ycharts.com/terms

    Time period covered
    Jan 31, 1914 - Sep 30, 2025
    Area covered
    United States
    Variables measured
    US Inflation Rate
    Description

    View monthly updates and historical trends for US Inflation Rate. from United States. Source: Bureau of Labor Statistics. Track economic data with YCharts…

  6. F

    Inflation, consumer prices for the United States

    • fred.stlouisfed.org
    json
    Updated Apr 16, 2025
    + more versions
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    (2025). Inflation, consumer prices for the United States [Dataset]. https://fred.stlouisfed.org/series/FPCPITOTLZGUSA
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    jsonAvailable download formats
    Dataset updated
    Apr 16, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2024 about consumer, CPI, inflation, price index, indexes, price, and USA.

  7. Monthly inflation rate and Federal Reserve interest rate in the U.S....

    • statista.com
    Updated Nov 19, 2025
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    Statista (2025). Monthly inflation rate and Federal Reserve interest rate in the U.S. 2018-2025 [Dataset]. https://www.statista.com/statistics/1312060/us-inflation-rate-federal-reserve-interest-rate-monthly/
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    Dataset updated
    Nov 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2018 - Sep 2025
    Area covered
    United States
    Description

    The inflation rate in the United States declined significantly between June 2022 and September 2025, despite rising inflationary pressures towards the end of 2024. The peak inflation rate was recorded in June 2022, at *** percent. In August 2023, the Federal Reserve's interest rate hit its highest level during the observed period, at **** percent, and remained unchanged until September 2024, when the Federal Reserve implemented its first rate cut since September 2021. By September 2025, the rate dropped to **** percent, signaling a shift in monetary policy. What is the Federal Reserve interest rate? The Federal Reserve interest rate, or the federal funds rate, is the rate at which banks and credit unions lend to and borrow from each other. It is one of the Federal Reserve's key tools for maintaining strong employment rates, stable prices, and reasonable interest rates. The rate is determined by the Federal Reserve and adjusted eight times a year, though it can be changed through emergency meetings during times of crisis. The Fed doesn't directly control the interest rate but sets a target rate. It then uses open market operations to influence rates toward this target. Ways of measuring inflation Inflation is typically measured using several methods, with the most common being the Consumer Price Index (CPI). The CPI tracks the price of a fixed basket of goods and services over time, providing a measure of the price changes consumers face. At the end of 2023, the CPI in the United States was ****** percent, up from ****** a year earlier. A more business-focused measure is the producer price index (PPI), which represents the costs of firms.

  8. T

    Finland Inflation Rate

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 14, 2025
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    TRADING ECONOMICS (2025). Finland Inflation Rate [Dataset]. https://tradingeconomics.com/finland/inflation-cpi
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    excel, json, xml, csvAvailable download formats
    Dataset updated
    Nov 14, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1961 - Oct 31, 2025
    Area covered
    Finland
    Description

    Inflation Rate in Finland decreased to -0.20 percent in October from 0.50 percent in September of 2025. This dataset provides the latest reported value for - Finland Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  9. T

    Japan Inflation Rate

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 20, 2025
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    TRADING ECONOMICS (2025). Japan Inflation Rate [Dataset]. https://tradingeconomics.com/japan/inflation-cpi
    Explore at:
    csv, json, excel, xmlAvailable download formats
    Dataset updated
    Nov 20, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1958 - Oct 31, 2025
    Area covered
    Japan
    Description

    Inflation Rate in Japan increased to 3 percent in October from 2.90 percent in September of 2025. This dataset provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  10. T

    Bangladesh Inflation Rate

    • tradingeconomics.com
    • ar.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Oct 9, 2025
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    TRADING ECONOMICS (2025). Bangladesh Inflation Rate [Dataset]. https://tradingeconomics.com/bangladesh/inflation-cpi
    Explore at:
    xml, json, excel, csvAvailable download formats
    Dataset updated
    Oct 9, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jul 31, 1994 - Oct 31, 2025
    Area covered
    Bangladesh
    Description

    Inflation Rate in Bangladesh decreased to 8.17 percent in October from 8.36 percent in September of 2025. This dataset provides the latest reported value for - Bangladesh Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  11. U.S. projected annual inflation rate 2010-2029

    • statista.com
    Updated Nov 19, 2025
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    Statista (2025). U.S. projected annual inflation rate 2010-2029 [Dataset]. https://www.statista.com/statistics/244983/projected-inflation-rate-in-the-united-states/
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    Dataset updated
    Nov 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The inflation rate in the United States is expected to decrease to 2.1 percent by 2029. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 2.9 percent in 2024. The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here. The monthly inflation rate for the United States can also be accessed here. Inflation in the U.S.Inflation is a term used to describe a general rise in the price of goods and services in an economy over a given period of time. Inflation in the United States is calculated using the consumer price index (CPI). The consumer price index is a measure of change in the price level of a preselected market basket of consumer goods and services purchased by households. This forecast of U.S. inflation was prepared by the International Monetary Fund. They project that inflation will stay higher than average throughout 2023, followed by a decrease to around roughly two percent annual rise in the general level of prices until 2028. Considering the annual inflation rate in the United States in 2021, a two percent inflation rate is a very moderate projection. The 2022 spike in inflation in the United States and worldwide is due to a variety of factors that have put constraints on various aspects of the economy. These factors include COVID-19 pandemic spending and supply-chain constraints, disruptions due to the war in Ukraine, and pandemic related changes in the labor force. Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy because it can rapidly diminish the population’s purchasing power and thus damage the GDP .

  12. 3

    Worldwide Inflation rate from 1980 to 2029, by countries

    • 360analytika.com
    xlsx
    Updated Jun 6, 2025
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    360 Analytika (2025). Worldwide Inflation rate from 1980 to 2029, by countries [Dataset]. https://360analytika.com/worldwide-inflation-rate-by-countries/
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    xlsxAvailable download formats
    Dataset updated
    Jun 6, 2025
    Dataset authored and provided by
    360 Analytika
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    World
    Description

    The rate at which prices for goods and services are generally rising and, as a result, currency's purchasing power is declining is known as inflation. Central banks attempt to limit inflation—and avoid deflation—in order to keep the economy running smoothly. Each unit of currency may purchase fewer products and services as prices rise. This results in a reduction in the actual value of money, a process that impacts every level of the economy, from consumers to governments. The percentage change in the cost of a basket of goods and services over a certain time period, often a year, is measured by the inflation rate. It’s a key metric for assessing the health of an economy, showing how much more expensive everyday goods and services have become. The change in the average price level of a basket of goods and services over a year is represented by the inflation rate average consumer prices (annual per cent change). It’s calculated by taking the average of prices across all months of a given year compared to the previous year. This metric is determined by averaging monthly price data and comparing it to the average of the previous year. It provides a broader view of inflation trends across a longer time frame, smoothing out any short-term volatility. The Inflation rate, end of period consumer prices (annual per cent change) reflects the price level change from the end of one period (typically December) to the end of the next period (the following December). Instead of taking an average, this rate focuses on the price level at a specific point in time, providing a snapshot of inflation. It’s calculated by comparing the Consumer Price Index (CPI) of the final month of the year with the CPI of the last month of the previous year.

  13. T

    Poland Inflation Rate

    • tradingeconomics.com
    • pl.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 28, 2025
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    TRADING ECONOMICS (2025). Poland Inflation Rate [Dataset]. https://tradingeconomics.com/poland/inflation-cpi
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    excel, xml, csv, jsonAvailable download formats
    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1992 - Nov 30, 2025
    Area covered
    Poland
    Description

    Inflation Rate in Poland decreased to 2.40 percent in November from 2.80 percent in October of 2025. This dataset provides the latest reported value for - Poland Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  14. T

    United Kingdom Inflation Rate

    • tradingeconomics.com
    • de.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 19, 2025
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    TRADING ECONOMICS (2025). United Kingdom Inflation Rate [Dataset]. https://tradingeconomics.com/united-kingdom/inflation-cpi
    Explore at:
    csv, xml, json, excelAvailable download formats
    Dataset updated
    Nov 19, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1989 - Oct 31, 2025
    Area covered
    United Kingdom
    Description

    Inflation Rate in the United Kingdom decreased to 3.60 percent in October from 3.80 percent in September of 2025. This dataset provides - United Kingdom Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  15. F

    5-Year Breakeven Inflation Rate

    • fred.stlouisfed.org
    json
    Updated Nov 28, 2025
    + more versions
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    (2025). 5-Year Breakeven Inflation Rate [Dataset]. https://fred.stlouisfed.org/series/T5YIE
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Nov 28, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Description

    Graph and download economic data for 5-Year Breakeven Inflation Rate (T5YIE) from 2003-01-02 to 2025-11-28 about spread, 5-year, interest rate, interest, inflation, rate, and USA.

  16. Ten-Year TIPS Yields versus Real Yields

    • clevelandfed.org
    Updated Nov 26, 2025
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    Federal Reserve Bank of Cleveland (2025). Ten-Year TIPS Yields versus Real Yields [Dataset]. https://www.clevelandfed.org/indicators-and-data/inflation-expectations
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    Dataset updated
    Nov 26, 2025
    Dataset authored and provided by
    Federal Reserve Bank of Clevelandhttps://www.clevelandfed.org/
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    Ten-Year TIPS Yields versus Real Yields is a part of the Inflation Expectations indicator of the Federal Reserve Bank of Cleveland.

  17. Consumer price inflation tables

    • ons.gov.uk
    • cy.ons.gov.uk
    xlsx
    Updated Oct 22, 2025
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    Office for National Statistics (2025). Consumer price inflation tables [Dataset]. https://www.ons.gov.uk/economy/inflationandpriceindices/datasets/consumerpriceinflation
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    xlsxAvailable download formats
    Dataset updated
    Oct 22, 2025
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

    Measures of monthly UK inflation data including CPIH, CPI and RPI. These tables complement the consumer price inflation time series dataset.

  18. F

    Consumer Price Index for All Urban Consumers: All Items Less Food and Energy...

    • fred.stlouisfed.org
    json
    Updated Oct 24, 2025
    + more versions
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    (2025). Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/CPILFESL
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Oct 24, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average (CPILFESL) from Jan 1957 to Sep 2025 about core, headline figure, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

  19. Inflation Forecasting Dataset

    • kaggle.com
    zip
    Updated Sep 20, 2025
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    Jesus Gaud (2025). Inflation Forecasting Dataset [Dataset]. https://www.kaggle.com/datasets/jesusgaud/inflation-forecasting-dataset
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    zip(11660 bytes)Available download formats
    Dataset updated
    Sep 20, 2025
    Authors
    Jesus Gaud
    License

    MIT Licensehttps://opensource.org/licenses/MIT
    License information was derived automatically

    Description

    This dataset provides a comprehensive collection of monthly U.S. macroeconomic indicators spanning January 2000 to December 2024.

    It was designed specifically for machine learning-based inflation forecasting and includes key economic factors historically associated with inflation trends:

    • Consumer Price Index (CPI) & Inflation Rate
    • Unemployment Rate
    • Federal Funds Rate
    • M2 Money Supply
    • Crude Oil Prices (WTI)
    • Producer Price Index (PPI)

    Primary Goal: Build predictive models to forecast year-over-year inflation rates

    Possible Use Cases:

    • Forecasting inflation using machine learning models like XGBoost, Random Forest, or LSTM.
    • Studying relationships between macroeconomic factors and inflationary pressure.
    • Comparing classical econometric approaches with modern AI-based forecasting techniques.

    Structure: Each CSV contains a Date column and corresponding metric values, making it easy to merge and align data for analysis.

    License: MIT License – free to use for research and educational purposes.

  20. T

    Argentina Inflation Rate

    • tradingeconomics.com
    • pl.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, Argentina Inflation Rate [Dataset]. https://tradingeconomics.com/argentina/inflation-cpi
    Explore at:
    xml, excel, csv, jsonAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1944 - Oct 31, 2025
    Area covered
    Argentina
    Description

    Inflation Rate in Argentina decreased to 31.30 percent in October from 31.80 percent in September of 2025. This dataset provides the latest reported value for - Argentina Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Share
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Statista (2025). Global inflation rate from 2000 to 2030 [Dataset]. https://www.statista.com/statistics/256598/global-inflation-rate-compared-to-previous-year/
Organization logo

Global inflation rate from 2000 to 2030

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56 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Nov 19, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Apr 2025
Area covered
Worldwide
Description

Inflation is generally defined as the continued increase in the average prices of goods and services in a given region. Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now known as the Great Recession, but inflation was fairly stable throughout the 2010s, before the current inflation crisis began in 2021. Recent years Despite the economic impact of the coronavirus pandemic, the global inflation rate fell to 3.26 percent in the pandemic's first year, before rising to 4.66 percent in 2021. This increase came as the impact of supply chain delays began to take more of an effect on consumer prices, before the Russia-Ukraine war exacerbated this further. A series of compounding issues such as rising energy and food prices, fiscal instability in the wake of the pandemic, and consumer insecurity have created a new global recession, and global inflation in 2024 is estimated to have reached 5.76 percent. This is the highest annual increase in inflation since 1996. Venezuela Venezuela is the country with the highest individual inflation rate in the world, forecast at around 200 percent in 2022. While this is figure is over 100 times larger than the global average in most years, it actually marks a decrease in Venezuela's inflation rate, which had peaked at over 65,000 percent in 2018. Between 2016 and 2021, Venezuela experienced hyperinflation due to the government's excessive spending and printing of money in an attempt to curve its already-high inflation rate, and the wave of migrants that left the country resulted in one of the largest refugee crises in recent years. In addition to its economic problems, political instability and foreign sanctions pose further long-term problems for Venezuela. While hyperinflation may be coming to an end, it remains to be seen how much of an impact this will have on the economy, how living standards will change, and how many refugees may return in the coming years.

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