Mapped: Global Inflation by Country in 2025

Mapped: Global Inflation by Country in 2025

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Global inflation fell moderately to 4.2% in 2025, in spite of U.S. tariffs hitting century highs.

For 2026, the IMF projects inflation to decline even further to 3.7% in 2026, even as tariff impacts continue to materialize. This is being driven by weak price growth in China and below-target inflation in many European countries.

This graphic shows inflation by country in 2025, based on data from the IMF’s latest World Economic Outlook.

A Closer Look at Inflation by Country

Below, we show the inflation rates of 191 countries and territories worldwide in 2025:

Rank	Country	Continent	Inflation Rate 2025 (%)
1	Venezuela	South America	269.9
2	South Sudan	Africa	97.5
3	Zimbabwe	Africa	89.0
4	Sudan	Africa	87.2
5	Iran	Asia	42.4
6	Argentina	South America	41.3
7	Burundi	Africa	37.3
8	Türkiye	Asia	34.9
9	Myanmar	Asia	31.0
10	Malawi	Africa	28.2
11	Haiti	North America	27.8
12	Nigeria	Africa	23.0
13	Angola	Africa	21.6
14	Bolivia	South America	20.8
15	Yemen	Asia	20.4
16	Egypt	Africa	20.4
17	Ghana	Africa	16.6
18	Zambia	Africa	14.2
19	Ethiopia	Africa	13.0
20	Ukraine	Europe	12.6
21	Kazakhstan	Asia	11.4
22	Bangladesh	Asia	10.0
23	Liberia	Africa	9.8
24	São Tomé and Príncipe	Africa	9.7
25	Sierra Leone	Africa	9.4
26	Uzbekistan	Asia	9.1
27	Russia	Europe	9.0
28	Suriname	South America	9.0
29	DR Congo	Africa	8.8
30	Madagascar	Africa	8.4
31	Mongolia	Asia	8.3
32	Kyrgyz Republic	Asia	8.0
33	Laos	Asia	7.8
34	Kiribati	Oceania	7.8
35	Moldova	Europe	7.7
36	Gambia	Africa	7.5
37	Romania	Europe	7.3
38	Belarus	Europe	7.0
39	Rwanda	Africa	7.0
40	Nauru	Oceania	6.1
41	Tunisia	Africa	5.9
42	Azerbaijan	Asia	5.7
43	Brazil	South America	5.2
44	Marshall Islands	Oceania	5.2
45	Estonia	Europe	5.1
46	Colombia	South America	4.9
47	Mozambique	Africa	4.9
48	Papua New Guinea	Oceania	4.8
49	Uruguay	South America	4.7
50	Honduras	North America	4.6
51	Central African Republic	Africa	4.6
52	Serbia	Europe	4.6
53	Lesotho	Africa	4.5
54	Pakistan	Asia	4.5
55	Hungary	Europe	4.5
56	Croatia	Europe	4.4
57	Chile	South America	4.3
58	Iceland	Europe	4.2
59	Slovak Republic	Europe	4.2
60	Jamaica	North America	4.2
61	Niger	Africa	4.2
62	Micronesia	Oceania	4.1
63	Montenegro	Europe	4.1
64	Nepal	Asia	4.1
65	Kenya	Africa	4.0
66	Bosnia and Herzegovina	Europe	4.0
67	Chad	Africa	4.0
68	Georgia	Asia	3.9
69	Mexico	North America	3.9
70	Mauritius	Africa	3.9
71	North Macedonia	Europe	3.9
72	Turkmenistan	Asia	3.9
73	Paraguay	South America	3.9
74	Maldives	Asia	3.9
75	Tajikistan	Asia	3.8
76	Poland	Europe	3.8
77	Uganda	Africa	3.8
78	Latvia	Europe	3.8
79	Dominican Republic	North America	3.7
80	Namibia	Africa	3.7
81	Cameroon	Africa	3.7
82	Bulgaria	Europe	3.6
83	Guyana	South America	3.6
84	Congo	Africa	3.6
85	Somalia	Africa	3.6
86	Lithuania	Europe	3.6
87	Austria	Europe	3.6
88	Kosovo	Europe	3.5
89	Mali	Africa	3.5
90	Algeria	Africa	3.5
91	Eswatini	Africa	3.5
92	Antigua and Barbuda	North America	3.5
93	Solomon Islands	Oceania	3.4
94	United Kingdom	Europe	3.4
95	Vietnam	Asia	3.4
96	Botswana	Africa	3.4
97	South Africa	Africa	3.4
98	Armenia	Asia	3.3
99	Tanzania	Africa	3.3
100	Comoros	Africa	3.3
101	Japan	Asia	3.3
102	Israel	Asia	3.2
103	Greece	Europe	3.1
104	Guinea	Africa	3.1
105	Tonga	Oceania	2.9
106	Equatorial Guinea	Africa	2.9
107	Netherlands	Europe	2.9
108	India	Asia	2.8
109	Dominica	North America	2.8
110	New Zealand	Oceania	2.7
111	United States	North America	2.7
112	Australia	Oceania	2.6
113	Belgium	Europe	2.6
114	Mauritania	Africa	2.5
115	Czech Republic	Europe	2.5
116	Slovenia	Europe	2.5
117	Togo	Africa	2.4
118	Bhutan	Asia	2.4
119	Norway	Europe	2.4
120	Malta	Europe	2.4
121	Spain	Europe	2.4
122	Sweden	Europe	2.3
123	Albania	Europe	2.3
124	Luxembourg	Europe	2.3
125	Barbados	North America	2.3
126	Jordan	Asia	2.2
127	Kuwait	Asia	2.2
128	Andorra	Europe	2.2
129	Portugal	Europe	2.2
130	Germany	Europe	2.1
131	Saudi Arabia	Asia	2.1
132	Benin	Africa	2.1
133	St. Vincent and the Grenadines	North America	2.1
134	San Marino	Europe	2.0
135	Senegal	Africa	2.0
136	Nicaragua	North America	2.0
137	Guinea-Bissau	Africa	2.0
138	South Korea	Asia	2.0
139	Canada	North America	2.0
140	Tuvalu	Oceania	2.0
141	Denmark	Europe	1.9
142	Finland	Europe	1.8
143	Indonesia	Asia	1.8
144	Samoa	Oceania	1.8
145	Palau	Oceania	1.8
146	Libya	Africa	1.8
147	Hong Kong SAR	Asia	1.8
148	Vanuatu	Oceania	1.7
149	Taiwan	Asia	1.7
150	Peru	South America	1.7
151	St. Kitts and Nevis	North America	1.7
152	Guatemala	North America	1.7
153	Ireland	Europe	1.7
154	Italy	Europe	1.7
155	Cambodia	Asia	1.6
156	UAE	Asia	1.6
157	Philippines	Asia	1.6
158	Malaysia	Asia	1.6
159	Djibouti	Africa	1.5
160	Iraq	Asia	1.5
161	Cabo Verde		1.5
162	Trinidad and Tobago	North America	1.5
163	Belize	North America	1.4
164	Puerto Rico	North America	1.4
165	Gabon	Africa	1.4
166	Burkina Faso	Africa	1.3
167	Grenada		1.2
168	Morocco	Africa	1.2
169	France	Europe	1.1
170	Ecuador	South America	1.1
171	Côte d’Ivoire	Africa	1.0
172	Singapore	Asia	0.9
173	Oman	Asia	0.9
174	Timor-Leste	Asia	0.9
175	Aruba		0.8
176	Cyprus	Asia	0.7
177	Macao	Asia	0.5
178	Bahamas	North America	0.5
179	Seychelles		0.4
180	Costa Rica	North America	0.4
181	Brunei Darussalam	Asia	0.4
182	St. Lucia		0.4
183	El Salvador	North America	0.3
184	Bahrain	Asia	0.3
185	Thailand	Asia	0.2
186	Liechtenstein	Europe	0.1
187	Switzerland	Europe	0.1
188	Qatar	Asia	0.1
189	Fiji	Oceania	0.1
190	China	Asia	0.0
191	Panama	North America	-0.1

Venezuela faces the highest inflation on the planet, at 269.9% in 2025, and this is set to jump to 682% in 2026.

Over 2025, the Venezuelan bolivar depreciated 82.7% against the dollar as U.S. sanctions and warship deployment targeting alleged drug traffickers contributed to inflationary pressures. Now, with Maduro’s ouster, the outlook for the economy remains uncertain.

For the U.S., inflation stood at 2.7% and is forecast to fall to 2.4% in 2026. Overall, tariffs were estimated to increase inflation by 0.5 percentage points in 2025, far lower than initially feared.

China, on the other hand, saw inflation sit at 0.0%, one of the lowest rates globally. Deflationary pressures, from excess production to a weak labor market, significantly impacted the economic climate. In 2026, inflation is set to rise to 0.8% fueled by economic stimulus measures that aim to boost domestic consumption.

Meanwhile, several European economies saw moderate inflation in 2025 amid low energy and import prices. In France, inflation stood at 1.1%, while Italy and Germany saw rates of 1.7% and 2.1%, respectively.

Learn More on the Voronoi App

To learn more about this topic, check out this graphic on inflation forecasts for OECD countries through 2026.

• Source: https://www.visualcapitalist.com/global-inflation-by-country-in-2025/