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.

The global inflation rate reached almost nine percent in 2022 amid the COVID-19 pandemic and Russia and invasion of Ukraine. The inflation was particularly high in emerging and developing economies, where it reached almost 10 percent that year. Global inflation is expected to slow somewhat until 2025.

The average for 2025 based on 184 countries was 7.08 percent. The highest value was in Venezuela: 254.35 percent and the lowest value was in Switzerland: 0.24 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

Historical chart and dataset showing World inflation rate by year from 1981 to 2023.

2022 and 2023 saw inflation rates rise all over the world, especially spurred by effects of the COVID-19 pandemic and Russia's invasion of Ukraine. With its hyperinflation, ********* was predicted to have the highest inflation rate of the countries included here both in 2023, 2024, and 2025. On the other hand, ******* inflation rate was estimated to only reach *** percent in 2024.

This dataset provides values for INFLATION EXPECTATIONS reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Inflation, consumer prices (annual %) in World was reported at 5.7332 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. World - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.

Global media inflation rates are projected to vary significantly across different mediums in 2025, with online video leading at *** percent and radio at just *** percent. This reflects the ongoing shift in media consumption patterns and advertising spend. The data highlights the resilience of digital platforms and the challenges faced by traditional print media in an increasingly digital landscape. Digital dominance and traditional media's struggle The disparity in inflation rates across media types underscores the growing divide between digital and traditional platforms. In 2023, online media worldwide experienced an inflation rate of *** percent, more than double that of offline media at *** percent. This trend is expected to continue in 2024, with online video and display maintaining higher inflation rates compared to newspapers and magazines. The shift is further evidenced by global media consumption patterns, with users spending an average of ***** hours and ** minutes daily on mobile devices in 2024. Industry leaders and market dynamics The changing media landscape is reflected in the revenue rankings of top media companies. In 2023, tech giants Alphabet Inc. and Meta Platforms Inc. led the pack, followed by traditional media conglomerates like Comcast Corporation and Walt Disney. This hierarchy illustrates the growing influence of digital platforms in the media industry. The United States remains a crucial market for these companies, with American consumers spending an average of over ** hours daily consuming major media. As the global entertainment and media market continues to expand, and projections suggest it could reach a value of *** trillion U.S. dollars by 2027, driven largely by the continued growth of digital platforms.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

U.S. inflation rate for 2023 was 4.13%, a 3.88% decline from 2022.

<ul style='margin-top:20px;'>

<li>U.S. inflation rate for 2022 was <strong>8.00%</strong>, a <strong>3.3% increase</strong> from 2021.</li>
<li>U.S. inflation rate for 2021 was <strong>4.70%</strong>, a <strong>3.46% increase</strong> from 2020.</li>
<li>U.S. inflation rate for 2020 was <strong>1.23%</strong>, a <strong>0.58% decline</strong> from 2019.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

2022 and 2023 was characterized by leaping inflation rates. These were caused by a multiple of factors, but post-corona (COVID-19) challenges and the Russian invasion of Ukraine in February that year had a major impact. However, the inflation rates in all countries included were forecast to stabilize through 2022 and 2023. More information about global inflation can be found here.

Inflation, GDP deflator (annual %) in World was reported at 4.7585 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. World - Inflation, GDP deflator (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

In April 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 21 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in April 2025. In contrast, Russia maintained a high inflation rate of 10.2 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

In January 2025, prices had increased by three percent compared to January 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 restrains, 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.

inflation rate for 2023 was 3.64%, a 1.35% decline from 2022.

<ul style='margin-top:20px;'>

<li> inflation rate for 2022 was <strong>5.00%</strong>, a <strong>2.03% increase</strong> from 2021.</li>
<li> inflation rate for 2021 was <strong>2.97%</strong>, a <strong>1.35% increase</strong> from 2020.</li>
<li> inflation rate for 2020 was <strong>1.61%</strong>, a <strong>0.56% increase</strong> from 2019.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Inflation Devices Market Outlook

The global inflation devices market size was estimated to be USD 500 million in 2023 and is projected to reach approximately USD 850 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period. The primary factors driving the growth of this market include advancements in minimally invasive surgical procedures, an increasing prevalence of chronic diseases, and a rising demand for technologically advanced devices.

One of the main growth factors of the inflation devices market is the rising prevalence of cardiovascular diseases, which are among the leading causes of death globally. Technological advancements in medical devices have significantly improved patient outcomes in procedures like angioplasty, where inflation devices are essential. The increasing number of such procedures, driven by a growing elderly population and unhealthy lifestyle choices, is expected to fuel the demand for these devices. Furthermore, the continuous development and adoption of minimally invasive surgical techniques, which utilize inflation devices, are boosting market growth.

Another critical factor contributing to the expansion of the inflation devices market is the increasing investment in healthcare infrastructure, particularly in emerging economies. Governments and private entities are increasingly investing in advanced medical facilities, which in turn raises the demand for sophisticated medical devices like inflation devices. Additionally, the rising awareness about the benefits of early diagnosis and treatment of various diseases is propelling the market. Educational initiatives and health campaigns have played an essential role in increasing the number of diagnostic and surgical procedures, thereby augmenting the utilization of inflation devices.

Moreover, innovations in material science and engineering have led to the development of more efficient and durable inflation devices. Devices with enhanced accuracy, safety, and ease of use are finding favor among healthcare professionals, thereby driving their adoption. The focus on patient safety and the need for precise control during procedures have resulted in widespread acceptance of advanced inflation devices. This trend is expected to continue as manufacturers invest in research and development to create even more sophisticated devices.

The advent of the Digital Inflation Device has marked a significant milestone in the evolution of inflation devices. These devices integrate digital technology to provide enhanced precision and control during medical procedures. By offering real-time feedback and data analytics, digital inflation devices empower healthcare professionals to make informed decisions, thereby improving patient outcomes. The incorporation of digital interfaces also facilitates easier operation and reduces the likelihood of human error, making these devices highly desirable in complex surgical environments. As the healthcare industry continues to embrace digital transformation, the demand for digital inflation devices is expected to rise, further propelling the growth of the inflation devices market.

Regionally, North America is expected to dominate the inflation devices market, owing to its well-established healthcare infrastructure, high adoption rate of advanced medical technologies, and significant healthcare expenditure. Europe follows closely due to similar factors, along with robust government support for healthcare innovation. The Asia Pacific region is anticipated to witness the highest growth rate due to increasing healthcare investments, a large patient pool, and rising awareness about advanced medical treatments. Latin America and Middle East & Africa are also expected to experience steady growth, driven by improving healthcare facilities and economic development.

Product Type Analysis

The product type segment of the inflation devices market can be broadly categorized into balloon inflation devices, syringe inflation devices, and others. Balloon inflation devices hold the largest share in this segment due to their widespread use in cardiovascular and interventional procedures. These devices are preferred by healthcare professionals for their precision and ease of use. The increasing prevalence of cardiovascular diseases, coupled with a rise in the number of angioplasty and other i

Historical chart and dataset showing Japan inflation rate by year from 1960 to 2024.

This dataset provides values for CORE INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

United States Breakeven Inflation: 5-Year data was reported at 2.410 % in 15 May 2025. This records a decrease from the previous number of 2.440 % for 14 May 2025. United States Breakeven Inflation: 5-Year data is updated daily, averaging 1.900 % from Jan 2003 (Median) to 15 May 2025, with 5597 observations. The data reached an all-time high of 3.590 % in 25 Mar 2022 and a record low of 0.140 % in 19 Mar 2020. United States Breakeven Inflation: 5-Year data remains active status in CEIC and is reported by Federal Reserve Bank of St. Louis. The data is categorized under Global Database’s United States – Table US.I: Breakeven Inflation Rate. [COVID-19-IMPACT]