Of the major developed and emerging economies, China had the lowest inflation rate at *** percent in December 2024. On the other end of the spectrum, the inflation rate in Russia stood at nearly ** percent. The country's inflation rate increased sharply after the country's President, Vladimir Putin, decided to invade Ukraine, declined somewhat in 2023, before increasing slowly again since. The rate of inflation reflects changes in the cost of a specified basket containing a representative selection of goods and services. It is derived from the consumer price index (CPI).
The inflation rate for both Africa, the Middle East, and Latin America and the Caribbean reached more than 12 percent in 2023. Among the provided continents or regions, Asia and the Pacific had the lowest inflation rate that year. Consumer prices increased around the world following the COVID-19 pandemic and the Russian invasion of Ukraine. Inflation and food security Increases in food costs are one of the most prominent impacts of inflation globally. In the United Kingdom, for example, consumers have indicated that they have worried more about food costs in 2023 than in previous years. Meanwhile, in Canada, only a small fraction of survey respondents have said that inflation has had little impact on household food costs. Consumers have responded to rising food costs through various coping mechanisms. For example, Italian consumers have indicated that they purchase less unnecessary products, cut down on waste, and buy more discounted items in order to save costs. Changing consumer behvaiors Outside of food consumption, consumers have changed their purchasing behaviors with other types of goods and services. Surveying has indicated that nearly 60 percent of consumers have adjusted their shopping habits due to inflation. When holiday shopping in 2023, over 50 percent of Americans and over one third of British consumers said inflation had considerable impact on their holiday shopping. By generation, the Millenial generation has suffered the most due to rising inflation, while older generations have experienced less serious impacts.
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The average for 2023 based on 160 countries was 9.9 percent. The highest value was in Lebanon: 221.3 percent and the lowest value was in the Seychelles: -1 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.
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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.
In March 2022, the global inflation rate for the consumer price index reached 9.22 percent, compared with 7.47 percent in February 2022. After reaching a low of 2.27 percent in August 2020, the inflation rate has steadily increased, with the most rapid growth occuring in late 2021 and early 2022.
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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.
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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.
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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 July of 2025.
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Dataset Summary
Inflation is a critical economic indicator that reflects the overall increase in prices of goods and services within an economy over a specific period. Understanding inflation trends on a global scale is crucial for economists, policymakers, investors, and businesses. This dataset provides comprehensive insights into the inflation rates of various countries for the year 2022. The data is sourced from reputable international organizations and government reports⌠See the full description on the dataset page: https://huggingface.co/datasets/aswin1906/countries-inflation.
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Graph and download economic data for Inflation, consumer prices for Developing Countries in East Asia and Pacific (FPCPITOTLZGEAP) from 1977 to 2023 about East Asia, Pacific, consumer prices, consumer, and inflation.
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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 inflationâand avoid deflationâin 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. Itâs 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). Itâs 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. Itâs 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.
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.
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Graph and download economic data for Inflation, consumer prices for High Income Countries (FPCPITOTLZGHIC) from 1981 to 2024 about consumer prices, consumer, income, and inflation.
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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.
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<ul style='margin-top:20px;'>
<li>Ukraine inflation rate for 2022 was <strong>20.18%</strong>, a <strong>10.82% increase</strong> from 2021.</li>
<li>Ukraine inflation rate for 2021 was <strong>9.36%</strong>, a <strong>6.63% increase</strong> from 2020.</li>
<li>Ukraine inflation rate for 2020 was <strong>2.73%</strong>, a <strong>5.15% 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.
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Graph and download economic data for Consumer Price Inflation for Iran, Islamic Republic of (IRNPCPIPCHPT) from 2000 to 2025 about Iran, consumer prices, REO, consumer, inflation, and rate.
Inflation rates rose all around the world in 2022, so also in the G7 countries, where inflation rates varied from 2.5 percent in Japan to over 8 percent in Italy. Inflation rates increased sharply all around the world through 2022, spurred by Russia's invasion of Ukraine in February that year. Especially gas and electricity were hit by price increases following the outbreak of the Russia-Ukraine war. Inflation rates were falling in all G7 economies in 2024.
Under "Worldwide Inflation Based Database'' there are 4 sheets. Among them, the two are of data-sheets and the rest of the two are chart-typed sheets. However, between the two of the datasheets, oneâs name is "Worldwide Inflation Rate in 2022â. Noted that this datasheet's table name is " Worldwide Inflation Rate in 2022''. Moreover, under this data table, there are three fields (âCountry"; " Inflation rate-year over year"; "Date"), three columns, and, 185 rows. Also, each row contains 3 cells, and so, 185 rows contain 555 cells. And also, each column contains 185 cells, so, 3 columns contain 555 cells. In addition to, focusing on the two fields' ("Country", "Inflation rate-year over year") data of the datasheet.
"Inflation Rate of Countries" named "Line" type-based chart has been made. On this chart, âCountryâ field values are on the horizontal axis. Whereas, âInflation rate-year over yearâ field values are on the vertical axis. However, the chart shows that Zimbabweâs highest raking inflation, and its rate is 269%, and also, its time-scale continuity is up to on 22 October,2022. On the other hand, the negative scale of the inflation rate is in South Sudan which rate is -2.50, also, its time-scale is up to on 22 August,2022.
Basically, the chart has been made following âData Shorting Descending Processââ, and, operating focused on the field (âInflation rate-year over yearââ) âs data.
And, another data sheetâs table name is âCOUNTRY WISE INFLATION RTAE-2ââ. This table contains two fields( âCountryââ; âInflation rate-year over yearââ; ), 2 columns, 185 rows. Also, each row contain two cells, and so, 185 rows contain 370 cells. Whereas, each column contains 185 cells, and so, 2 columns contain 370 cells. However, on the basis of this datasheet, âAscending typed Shorting Processâ has been operated after the accomplishment of âFilteringâ process. On the basis of it, âInflation rate- year over yearââ named âline-typeâ chart has been created. On this chart, âCountryâ named field values are on horizontal axis, whereas, âInflation rate-year over year â named field values are on the vertical axis.
Be that as it may, the chart shows that South Sudanâs inflation rate is on the lower negative scale. In the opposite side, Lebanonâs inflation rate is at the highest level after Zimbabwe.
Consumer price indexes (CPIs) are index numbers that measure changes in the prices of goods and services purchased or otherwise acquired by households, which households use directly, or indirectly, to satisfy their own needs and wants. In practice, most CPIs are calculated as weighted averages of the percentage price changes for a speciďŹed set, or ââbasketââ, of consumer products, the weights reďŹecting their relative importance in household consumption in some period. CPIs are widely used to index pensions and social security benefits. CPIs are also used to index other payments, such as interest payments or rents, or the prices of bonds. CPIs are also commonly used as a proxy for the general rate of inďŹation, even though they measure only consumer inďŹation. They are used by some governments or central banks to set inďŹation targets for purposes of monetary policy. The price data collected for CPI purposes can also be used to compile other indices, such as the price indices used to deďŹate household consumption expenditures in national accounts, or the purchasing power parities used to compare real levels of consumption in different countries.
In an effort to further coordinate and harmonize the collection of CPI data, the international organizations agreed that the International Monetary Fund (IMF) and the Organisation for Economic Cooperation and Development (OECD) would assume responsibility for the international collection and dissemination of national CPI data. Under this data collection initiative, countries are reporting the aggregate all items index; more detailed indexes and weights for 12 subgroups of consumption expenditure (according to the so-called COICOP-classification), and detailed metadata. These detailed data represent a valuable resource for data users throughout the world and this portal would not be possible without the ongoing cooperation of all reporting countries. In this effort, the OECD collects and validates the data for their member countries, including accession and key partner countries, whereas the IMF takes care of the collection of data for all other countries.
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Graph and download economic data for Inflation, consumer prices for Switzerland (FPCPITOTLZGCHE) from 1960 to 2024 about Switzerland, consumer, CPI, inflation, price index, indexes, and price.
Of the major developed and emerging economies, China had the lowest inflation rate at *** percent in December 2024. On the other end of the spectrum, the inflation rate in Russia stood at nearly ** percent. The country's inflation rate increased sharply after the country's President, Vladimir Putin, decided to invade Ukraine, declined somewhat in 2023, before increasing slowly again since. The rate of inflation reflects changes in the cost of a specified basket containing a representative selection of goods and services. It is derived from the consumer price index (CPI).