Economy
Inflation, consumer prices (annual %)
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. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
World Bank code: FP.CPI.TOTL.ZG • Data available for 193 countries • Latest year: 2024
In , Argentina led Inflation, consumer prices (annual %) at 219.88.
The world median across 174 reporting countries was 3.01.
How "Economy" indicators are measured
Economic indicators measure the size, structure, and dynamics of a country's economy. The World Bank collects data from national statistical offices, central banks, and the IMF, then normalizes it for cross-country comparison. Watch out for nominal versus real (inflation-adjusted) values: nominal figures in current US dollars are sensitive to exchange rate swings, while constant dollar series isolate real growth. Most macro indicators have a 1–2 year reporting lag.
Distribution — 2024
- Reporting
- 174 countries
- Median
- 3.01
- Mean
- 7.39
- 25th percentile
- 1.69
- 75th percentile
- 4.85
- Range
- -12.30 – 219.88
World at a Glance — 2024
Every reporting country, grouped by region, shaded by value (quintile).
Lighter = lower value · Darker = higher value. Hover a cell to see the country and value.
Highest Values — 2024
| # | Country | Inflation, consumer prices (annual %) |
|---|---|---|
| 1 | Argentina Latin America & Caribbean | 219.88 |
| 2 | South Sudan Sub-Saharan Africa | 91.44 |
| 3 | Turkiye Europe & Central Asia | 58.51 |
| 4 | West Bank and Gaza Middle East, North Africa, Afghanistan & Pakistan | 53.67 |
| 5 | Lebanon Middle East, North Africa, Afghanistan & Pakistan | 45.24 |
| 6 | Nigeria Sub-Saharan Africa | 33.24 |
| 7 | Iran, Islamic Rep. Middle East, North Africa, Afghanistan & Pakistan | 32.46 |
| 8 | Malawi Sub-Saharan Africa | 32.18 |
| 9 | Sierra Leone Sub-Saharan Africa | 28.63 |
| 10 | Egypt, Arab Rep. Middle East, North Africa, Afghanistan & Pakistan | 28.27 |
Looking for a specific country? Only the top and bottom 10 appear here. See where every country ranks for Inflation, consumer prices (annual %).
View complete rankings →Biggest Movers — Year over Year
Largest increases
- South Sudan +3,737.5%
- Bahrain +1,132.4%
- West Bank and Gaza +814.1%
- Burkina Faso +464.1%
- Niger +145.1%
Largest decreases
- Iraq -382.1%
- Brunei Darussalam -208.9%
- Costa Rica -178.6%
- St. Lucia -102.7%
- Sri Lanka -102.6%
By Income Group — Average
| Income group | Countries | Mean |
|---|---|---|
| High income | 61 | 2.41 |
| Upper middle income | 50 | 9.03 |
| Lower middle income | 44 | 9.78 |
| Low income | 18 | 13.11 |
| Not classified | 1 | 21.04 |
By Region — Average
| Region | Countries | Mean |
|---|---|---|
| East Asia & Pacific | 25 | 3.16 |
| Europe & Central Asia | 48 | 4.33 |
| Latin America & Caribbean | 30 | 11.48 |
| Middle East, North Africa, Afghanistan & Pakistan | 21 | 8.82 |
| North America | 2 | 2.67 |
| South Asia | 6 | 3.97 |
| Sub-Saharan Africa | 42 | 10.48 |
Lowest Values — 2024
| # | Country | Inflation, consumer prices (annual %) |
|---|---|---|
| 1 | Iraq | -12.30 |
| 2 | Afghanistan | -6.60 |
| 3 | Sri Lanka | -0.43 |
| 4 | Costa Rica | -0.41 |
| 5 | Brunei Darussalam | -0.39 |
| 6 | St. Lucia | -0.11 |
| 7 | China | 0.22 |
| 8 | Armenia | 0.27 |
| 9 | Seychelles | 0.31 |
| 10 | Bahamas, The | 0.41 |
Source: World Bank Open Data (FP.CPI.TOTL.ZG), CC BY 4.0. Rankings show countries with available data for 2024.