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Countries with the highest inflation now
Where do prices climb fastest today? This ranking orders 40 countries by the most recent annual inflation published by the World Bank. At the top is Argentina, with 220% in 2024; next to it, the last decade's average shows whether it is a passing scare or a chronic problem.
Ranking by the most recent annual inflation
| # | Country | Current inflation | Data year | 10 year average |
|---|---|---|---|---|
| 1 | Argentina | 220% | 2024 | 86.3% |
| 2 | Turkiye | 34.9% | 2025 | 30.2% |
| 3 | Nigeria | 23.0% | 2025 | 18.6% |
| 4 | Ghana | 14.2% | 2025 | 17.1% |
| 5 | Egypt, Arab Rep. | 14.1% | 2025 | 16.7% |
| 6 | Bangladesh | 8.8% | 2025 | 7.0% |
| 7 | Russian Federation | 8.7% | 2025 | 6.5% |
| 8 | Colombia | 5.1% | 2025 | 5.8% |
| 9 | Brazil | 5.0% | 2025 | 5.4% |
| 10 | Hungary | 4.4% | 2025 | 5.7% |
| 11 | Chile | 4.2% | 2025 | 4.6% |
| 12 | Kenya | 4.1% | 2025 | 6.0% |
| 13 | United Kingdom | 3.9% | 2025 | 3.3% |
| 14 | Poland | 3.8% | 2025 | 4.7% |
| 15 | Mexico | 3.8% | 2025 | 4.8% |
| 16 | Pakistan | 3.5% | 2025 | 11.0% |
| 17 | Viet Nam | 3.3% | 2025 | 3.1% |
| 18 | Netherlands | 3.3% | 2025 | 3.0% |
| 19 | South Africa | 3.2% | 2025 | 4.9% |
| 20 | Japan | 3.2% | 2025 | 1.3% |
| 21 | United States | 2.9% | 2024 | 2.9% |
| 22 | Australia | 2.9% | 2025 | 2.9% |
| 23 | Spain | 2.7% | 2025 | 2.4% |
| 24 | Greece | 2.5% | 2025 | 1.9% |
| 25 | India | 2.4% | 2025 | 4.7% |
Where prices run fastest right now
In each series' most recent annual figure, Argentina has the highest inflation of the set, 220% in 2024, followed by Turkiye (34.9%) and Nigeria (23.0%). At the foot of the table, Thailand shows -0.1%, the opposite problem: very low or negative inflation also worries, because it signals a stalled economy.
The ten year average column adds context: a country may have a one off spike without a history of instability, or it may have lived with high inflation for a whole decade. Those are different things for savers and for borrowers. Each row leads to the country's calculator, with the full series and a year by year purchasing power conversion, and the comparative archive of every country gathers every series into a single table. Remember that the World Bank national average CPI does not replace official local indices such as Brazil's IPCA or the American CPI-U.
Source: World Bank Open Data (FP.CPI.TOTL.ZG), CC BY-4.0 license, snapshot of 2026-07-10. The reference year of the latest figure varies by country; the top of this list uses 2024.
More world rankings
Each ranking below comes from a different open dataset and leads to the per country or per topic detail pages.
- Countries with the most Nobel Prizes
- Countries with the most long weekends in 2026
- Countries with the most unique holidays
- Countries with the highest inflation ever
- Cricket teams with the most wins
- Countries with the most lawyers per capita
- Countries with the most designation of origin products
Last updated: · Methodology and sources