Inflation by country: latest and IMF projections 2026–2027

Inflation, % per year

IMF World Economic Outlook April 2026 · italics = IMF projection · click a header to sort

Country	Region	2021	2022	2023	2024	2025	2026	2027
Venezuela	Latin America & Caribbean	1,588.5	186.5	337.5	49.4	252.0	387.4	94.4
Sudan	Sub-Saharan Africa	359.1	138.8	77.2	185.7	100.2	75.1	44.6
Iran	Middle East, North Africa, Afghanistan & Pakistan	40.2	45.8	40.7	32.5	50.9	68.9	39.6
Argentina	Latin America & Caribbean	48.4	72.4	133.5	219.9	41.9	30.4	15.7
Türkiye	Europe & Central Asia	19.6	72.3	53.9	58.5	34.9	28.6	21.4
Yemen	Middle East, North Africa, Afghanistan & Pakistan	59.8	36.4	17.6	26.6	21.4	26.5	18.7
Malawi	Sub-Saharan Africa	9.3	20.8	28.8	32.2	28.4	24.4	22.0
Haiti	Latin America & Caribbean	15.9	27.6	44.1	25.8	28.3	23.5	19.7
Bolivia	Latin America & Caribbean	0.7	1.7	2.6	5.1	19.5	20.7	–
Myanmar	East Asia & Pacific	9.6	27.2	27.6	29.6	22.0	19.0	16.0
Nigeria	Sub-Saharan Africa	17.0	18.8	24.7	33.2	23.0	16.0	15.9
Burundi	Sub-Saharan Africa	8.4	18.9	27.1	20.2	34.2	14.5	15.3
South Sudan	Sub-Saharan Africa	30.2	-3.2	39.7	99.8	97.6	14.0	10.0
Egypt	Middle East, North Africa, Afghanistan & Pakistan	4.5	8.5	24.4	33.3	20.4	13.2	11.1
Angola	Sub-Saharan Africa	25.8	21.4	13.6	28.2	20.2	12.9	12.8
Suriname	Latin America & Caribbean	59.1	52.4	51.6	16.2	9.2	11.8	10.6
Ethiopia	Sub-Saharan Africa	26.8	33.9	30.2	21.0	13.2	11.8	10.7
Kazakhstan	Europe & Central Asia	8.0	15.0	14.5	8.7	11.4	10.7	10.1
Kyrgyzstan	Europe & Central Asia	11.9	13.9	10.8	5.0	8.2	10.6	10.0
Libya	Middle East, North Africa, Afghanistan & Pakistan	2.9	4.5	2.4	2.1	1.8	10.5	10.2
Laos	East Asia & Pacific	3.8	23.0	31.2	23.1	7.7	9.6	8.5
São Tomé and Príncipe	Sub-Saharan Africa	8.1	18.1	21.1	14.4	0.9	9.6	7.9
Bangladesh	South Asia	5.6	6.2	9.0	9.7	10.0	9.2	6.0
Zambia	Sub-Saharan Africa	22.0	11.0	10.9	15.0	13.9	9.0	8.0
Madagascar	Sub-Saharan Africa	5.8	8.2	9.9	7.6	8.0	8.3	7.0
Zimbabwe	Sub-Saharan Africa	98.5	193.4	667.4	736.1	81.4	8.0	8.0
Romania	Europe & Central Asia	5.0	13.8	10.4	5.6	7.3	7.8	3.9
Sierra Leone	Sub-Saharan Africa	11.9	27.2	47.7	28.4	7.6	7.5	9.0
Mongolia	East Asia & Pacific	7.4	15.1	10.4	6.2	8.6	7.4	7.2
Marshall Islands	East Asia & Pacific	2.2	2.8	7.4	5.2	5.5	7.4	5.5
Pakistan	Middle East, North Africa, Afghanistan & Pakistan	8.9	12.2	29.2	23.4	4.5	7.2	8.4
Uzbekistan	Europe & Central Asia	10.8	11.4	10.0	9.6	8.8	7.0	5.6
Tunisia	Middle East, North Africa, Afghanistan & Pakistan	5.7	8.3	9.3	7.0	5.3	6.5	7.2
Moldova	Europe & Central Asia	5.1	28.7	13.4	4.7	7.8	6.4	5.5
Belarus	Europe & Central Asia	9.5	15.2	5.0	5.8	6.6	6.4	6.2
Jamaica	Latin America & Caribbean	5.9	10.3	6.5	5.5	3.9	6.1	5.5
Ukraine	Europe & Central Asia	9.4	20.2	12.9	6.5	12.7	6.1	7.7
Azerbaijan	Europe & Central Asia	6.7	13.9	8.8	2.2	5.6	6.0	5.1
Kenya	Sub-Saharan Africa	6.1	7.6	7.7	4.5	4.1	5.9	5.9
Kosovo	Europe & Central Asia	3.3	11.6	4.9	1.6	3.9	5.9	3.6
Colombia	Latin America & Caribbean	3.5	10.2	11.7	6.6	5.1	5.9	5.2
Somalia, Fed. Rep.	Sub-Saharan Africa	4.6	6.8	6.2	5.5	3.7	5.9	4.5
Palau	East Asia & Pacific	-0.5	13.2	12.4	3.6	0.3	5.9	2.6
The Gambia	Sub-Saharan Africa	7.4	11.5	17.0	11.6	7.9	5.8	5.0
Ghana	Sub-Saharan Africa	10.0	31.9	39.2	22.9	14.2	5.8	7.8
Liberia	Sub-Saharan Africa	7.8	7.6	10.1	8.2	8.3	5.7	6.2
Russia	Europe & Central Asia	6.7	13.8	5.9	8.4	8.7	5.6	4.3
Rwanda	Sub-Saharan Africa	0.8	13.9	14.0	4.8	7.0	5.6	5.0
Naoero	East Asia & Pacific	2.0	1.1	4.8	9.3	6.1	5.5	4.2
Serbia	Europe & Central Asia	4.1	12.0	12.4	4.7	3.9	5.2	4.9
Botswana	Sub-Saharan Africa	6.7	12.2	5.1	2.8	2.8	5.1	5.7
Dominican Republic	Latin America & Caribbean	8.2	8.8	4.8	3.3	3.9	5.1	4.5
Papua New Guinea	East Asia & Pacific	4.5	5.3	2.3	0.6	4.4	5.0	4.4
Vietnam	East Asia & Pacific	1.8	3.2	3.3	3.6	3.3	4.9	4.6
Iceland	Europe & Central Asia	4.5	8.3	8.7	5.9	4.1	4.8	2.8
India	South Asia	5.5	6.6	5.4	4.6	2.1	4.7	4.0
Bosnia and Herzegovina	Europe & Central Asia	2.0	14.0	6.1	1.7	4.0	4.5	2.9
Kiribati	East Asia & Pacific	2.1	5.3	9.3	2.5	6.5	4.5	3.1
North Macedonia	Europe & Central Asia	3.2	14.2	9.4	3.5	4.1	4.5	4.1
Honduras	Latin America & Caribbean	4.5	9.1	6.7	4.6	4.6	4.4	4.5
Georgia	Europe & Central Asia	9.6	11.9	2.5	1.1	3.9	4.4	3.0
Mozambique	Sub-Saharan Africa	6.6	10.4	7.0	3.2	4.4	4.4	5.3
Croatia	Europe & Central Asia	2.7	10.7	8.4	4.0	4.4	4.4	2.7
Philippines	East Asia & Pacific	3.9	5.8	6.0	3.2	1.7	4.3	3.2
Lesotho	Sub-Saharan Africa	6.5	8.2	6.5	5.2	4.4	4.2	3.9
Slovakia	Europe & Central Asia	2.8	12.1	11.0	3.1	4.2	4.2	3.3
Guinea	Sub-Saharan Africa	12.6	10.5	5.4	4.5	3.1	4.1	5.6
Mauritania	Sub-Saharan Africa	3.6	9.6	4.9	2.5	1.6	4.1	4.1
Vanuatu	East Asia & Pacific	2.3	6.7	11.2	1.1	1.7	4.1	3.4
Guyana	Latin America & Caribbean	4.5	6.9	2.8	2.9	3.3	4.1	5.1
Australia	East Asia & Pacific	2.8	6.6	5.6	3.2	2.9	4.0	3.2
Tanzania	Sub-Saharan Africa	3.7	4.4	3.8	3.1	3.3	4.0	4.3
Tajikistan	Europe & Central Asia	9.0	6.6	3.7	3.5	3.4	4.0	4.8
Brazil	Latin America & Caribbean	8.3	9.3	4.6	4.4	5.0	4.0	3.4
Uganda	Sub-Saharan Africa	2.2	7.2	5.4	3.3	3.6	4.0	4.9
Lithuania	Europe & Central Asia	4.6	18.9	8.7	0.9	3.4	4.0	2.7
Uruguay	Latin America & Caribbean	7.8	9.1	5.9	4.9	4.7	4.0	4.5
Bhutan	South Asia	8.2	5.9	4.5	4.3	2.6	4.0	4.3
Namibia	Sub-Saharan Africa	3.6	6.1	5.9	4.2	3.5	3.9	3.4
South Africa	Sub-Saharan Africa	4.6	6.9	5.9	4.4	3.2	3.9	3.4
Mexico	Latin America & Caribbean	5.7	7.9	5.5	4.7	3.8	3.9	3.4
Qatar	Middle East, North Africa, Afghanistan & Pakistan	2.3	5.0	3.1	1.2	0.6	3.9	2.5
Turkmenistan	Europe & Central Asia	19.5	11.2	-1.6	4.6	2.7	3.9	4.8
Tonga	East Asia & Pacific	0.6	6.6	12.6	8.0	3.2	3.8	6.2
Estonia	Europe & Central Asia	4.5	19.4	9.1	3.7	4.8	3.8	3.0
Bulgaria	Europe & Central Asia	2.8	13.0	8.6	2.6	3.5	3.8	3.7
Hungary	Europe & Central Asia	5.1	14.6	17.1	3.7	4.4	3.8	3.5
Comoros	Sub-Saharan Africa	-0.0	12.4	8.5	5.0	3.2	3.7	2.5
Mauritius	Sub-Saharan Africa	4.0	10.8	7.0	3.6	3.7	3.7	3.8
Armenia	Europe & Central Asia	7.2	8.6	2.0	0.3	3.3	3.6	3.4
Cameroon	Sub-Saharan Africa	2.3	6.3	7.4	4.5	3.4	3.5	3.2
Eswatini	Sub-Saharan Africa	3.7	4.8	4.9	4.0	3.1	3.5	3.8
Nicaragua	Latin America & Caribbean	4.9	10.5	8.4	4.6	2.1	3.5	3.0
Greece	Europe & Central Asia	0.6	9.3	4.2	3.0	2.9	3.5	2.7
Albania	Europe & Central Asia	2.0	6.7	4.8	2.2	2.2	3.4	3.1
Poland	Europe & Central Asia	5.1	14.4	11.4	3.6	3.6	3.3	3.3
Norway	Europe & Central Asia	3.5	5.8	5.5	3.2	3.0	3.3	2.6
Paraguay	Latin America & Caribbean	4.8	9.8	4.6	3.8	4.1	3.3	3.5
DR Congo	Sub-Saharan Africa	9.0	9.3	19.9	17.7	7.4	3.3	6.4
Montenegro	Europe & Central Asia	2.4	13.0	8.6	3.3	3.9	3.2	2.9
United States	North America	4.7	8.0	4.1	3.0	2.7	3.2	2.1
Solomon Islands	East Asia & Pacific	0.2	5.4	5.1	4.2	3.4	3.2	2.5
United Kingdom	Europe & Central Asia	2.6	9.1	7.3	2.5	3.4	3.2	2.4
Micronesia	East Asia & Pacific	1.8	5.0	6.2	5.4	3.2	3.2	4.0
Equatorial Guinea	Sub-Saharan Africa	-0.1	4.9	2.4	3.4	2.8	3.2	2.9
Nepal	South Asia	3.6	6.4	7.7	5.4	4.1	3.1	5.0
Ireland	Europe & Central Asia	2.4	8.1	5.2	1.3	2.1	3.1	2.4
New Zealand	East Asia & Pacific	3.9	7.2	5.7	2.9	2.8	3.1	2.3
Portugal	Europe & Central Asia	0.9	8.1	5.3	2.7	2.2	3.1	2.3
Tuvalu	East Asia & Pacific	6.7	12.2	7.2	1.2	2.0	3.1	2.7
Spain	Europe & Central Asia	3.0	8.3	3.4	2.9	2.7	3.0	2.3
Dominica	Latin America & Caribbean	1.6	7.7	4.2	3.1	2.3	3.0	2.3
Iraq	Middle East, North Africa, Afghanistan & Pakistan	6.0	5.0	4.4	2.6	0.3	3.0	3.3
Latvia	Europe & Central Asia	3.2	17.2	9.1	1.3	3.8	3.0	2.7
Indonesia	East Asia & Pacific	1.6	4.1	3.7	2.3	1.9	3.0	2.6
Cambodia	East Asia & Pacific	2.9	5.3	2.1	0.8	2.5	3.0	1.9
Andorra	Europe & Central Asia	1.7	6.2	5.6	3.1	2.4	3.0	2.3
Maldives	South Asia	0.2	2.6	2.6	1.4	3.5	3.0	2.0
Slovenia	Europe & Central Asia	2.0	9.3	7.2	2.0	2.5	2.9	2.1
Algeria	Middle East, North Africa, Afghanistan & Pakistan	7.2	9.3	9.3	4.0	1.4	2.9	3.0
Chile	Latin America & Caribbean	4.5	11.6	7.6	3.9	4.2	2.9	3.3
Ecuador	Latin America & Caribbean	0.1	3.5	2.2	1.5	0.7	2.9	1.6
Belgium	Europe & Central Asia	3.2	10.3	2.3	4.3	3.0	2.8	2.2
Republic of the Congo	Sub-Saharan Africa	2.0	3.0	4.3	3.1	2.6	2.8	3.0
Togo	Sub-Saharan Africa	4.5	7.6	5.3	2.9	0.4	2.8	2.3
Kuwait	Middle East, North Africa, Afghanistan & Pakistan	3.4	4.0	3.6	2.9	2.4	2.8	2.5
San Marino	Europe & Central Asia	1.6	5.3	5.9	1.2	2.3	2.8	2.6
Netherlands	Europe & Central Asia	2.8	11.6	4.1	3.2	3.0	2.7	2.4
Germany	Europe & Central Asia	3.2	8.7	6.0	2.5	2.3	2.7	2.3
Italy	Europe & Central Asia	2.0	8.7	5.9	1.1	1.6	2.6	2.4
Antigua and Barbuda	Latin America & Caribbean	1.6	7.5	5.1	6.2	1.4	2.6	2.1
Cyprus	Europe & Central Asia	2.3	8.1	3.9	2.3	0.8	2.6	1.6
Guatemala	Latin America & Caribbean	4.3	6.9	6.2	2.9	1.6	2.6	4.0
Seychelles	Sub-Saharan Africa	9.8	2.6	-1.0	0.3	0.3	2.6	1.7
Peru	Latin America & Caribbean	4.0	7.9	6.3	2.4	1.5	2.5	1.8
Canada	North America	3.4	6.8	3.9	2.4	2.1	2.5	2.1
Finland	Europe & Central Asia	2.1	7.2	4.3	1.0	1.8	2.5	2.2
El Salvador	Latin America & Caribbean	3.5	7.2	4.0	0.9	0.3	2.5	2.0
Guinea-Bissau	Sub-Saharan Africa	3.3	7.9	7.2	3.7	0.9	2.5	2.1
Samoa	East Asia & Pacific	-3.0	8.7	12.0	3.6	1.9	2.5	3.2
St. Lucia	Latin America & Caribbean	2.4	9.7	3.8	-0.7	2.0	2.5	2.4
United Arab Emirates	Middle East, North Africa, Afghanistan & Pakistan	-0.1	4.8	1.6	1.7	1.3	2.5	2.0
South Korea	East Asia & Pacific	2.5	5.1	3.6	2.3	2.1	2.5	1.9
Malta	Middle East, North Africa, Afghanistan & Pakistan	0.7	6.1	5.6	2.4	2.4	2.5	2.4
Gabon	Sub-Saharan Africa	1.1	4.3	3.6	1.2	2.0	2.5	2.4
Senegal	Sub-Saharan Africa	2.2	9.7	5.9	0.8	1.4	2.5	2.2
Austria	Europe & Central Asia	2.8	8.6	7.7	2.9	3.6	2.5	2.6
Czechia	Europe & Central Asia	3.9	15.1	10.7	2.4	2.5	2.4	2.2
Bahrain	Middle East, North Africa, Afghanistan & Pakistan	-0.6	3.6	0.1	0.9	-0.1	2.4	1.2
Saudi Arabia	Middle East, North Africa, Afghanistan & Pakistan	3.1	2.5	2.5	1.5	2.0	2.3	2.1
Singapore	East Asia & Pacific	2.3	6.1	4.8	2.4	0.9	2.3	1.9
Israel	Middle East, North Africa, Afghanistan & Pakistan	1.5	4.4	4.2	3.1	3.0	2.3	2.1
Barbados	Latin America & Caribbean	1.5	4.4	3.2	1.5	0.8	2.3	2.2
Jordan	Middle East, North Africa, Afghanistan & Pakistan	1.3	4.2	2.1	1.6	1.8	2.3	2.2
Japan	East Asia & Pacific	-0.2	2.5	3.3	2.7	3.2	2.2	2.3
St. Kitts and Nevis	Latin America & Caribbean	1.2	2.7	3.6	1.1	1.3	2.2	2.1
Cabo Verde	Sub-Saharan Africa	1.9	7.9	3.7	1.1	2.3	2.2	2.1
Fiji	East Asia & Pacific	1.5	6.1	3.0	3.9	-1.4	2.2	3.0
Mali	Sub-Saharan Africa	3.8	9.7	2.1	3.2	2.3	2.2	2.0
Timor-Leste	East Asia & Pacific	3.8	7.0	8.4	2.1	0.5	2.1	2.0
Hong Kong SAR	East Asia & Pacific	1.6	1.9	2.1	1.7	1.4	2.1	1.8
Puerto Rico (US)	Latin America & Caribbean	2.4	6.0	3.5	2.0	1.4	2.1	2.4
Luxembourg	Europe & Central Asia	3.5	8.1	2.9	2.3	2.5	2.1	2.2
Benin	Sub-Saharan Africa	1.7	1.4	2.7	1.2	1.1	2.0	2.0
Denmark	Europe & Central Asia	1.9	8.6	3.4	1.3	1.8	2.0	2.2
Malaysia	East Asia & Pacific	2.5	3.4	2.5	1.8	1.4	1.9	2.0
France	Europe & Central Asia	2.1	5.9	5.7	2.3	0.9	1.8	1.7
Côte d'Ivoire	Sub-Saharan Africa	4.2	5.2	4.4	3.4	0.1	1.8	2.0
Macao SAR	East Asia & Pacific	0.0	1.0	0.9	0.7	0.3	1.8	1.9
Trinidad and Tobago	Latin America & Caribbean	2.1	5.8	4.6	0.5	1.0	1.8	2.8
Oman	Middle East, North Africa, Afghanistan & Pakistan	1.7	2.5	1.0	0.6	1.0	1.7	1.9
Brunei	East Asia & Pacific	1.7	3.7	0.4	-0.4	-0.3	1.6	1.1
The Bahamas	Latin America & Caribbean	2.9	5.6	3.1	0.4	0.6	1.6	1.9
Burkina Faso	Sub-Saharan Africa	3.9	13.8	0.9	4.2	-0.6	1.5	2.1
Taiwan	East Asia & Pacific	2.0	2.9	2.5	2.2	1.7	1.5	1.6
Central African Republic	Sub-Saharan Africa	4.3	5.6	3.0	1.5	1.0	1.5	2.5
Belize	Latin America & Caribbean	3.2	6.3	4.4	3.3	1.1	1.5	1.5
Sweden	Europe & Central Asia	2.7	8.1	5.9	2.0	2.6	1.5	1.8
Djibouti	Middle East, North Africa, Afghanistan & Pakistan	1.2	5.2	1.4	2.1	-0.3	1.5	1.2
Panama	Latin America & Caribbean	1.6	2.9	1.5	0.7	0.0	1.4	2.0
Grenada	Latin America & Caribbean	1.2	2.6	2.7	1.1	0.6	1.3	1.6
Morocco	Middle East, North Africa, Afghanistan & Pakistan	1.4	6.6	6.1	0.9	0.8	1.3	1.6
China	East Asia & Pacific	0.9	2.0	0.2	0.2	0.0	1.2	1.5
Aruba	Latin America & Caribbean	0.7	5.5	3.4	1.7	0.1	1.2	2.0
St. Vincent and the Grenadines	Latin America & Caribbean	1.6	5.7	4.6	3.6	0.9	0.9	2.0
Thailand	East Asia & Pacific	1.2	6.1	1.2	0.4	-0.1	0.9	1.0
Chad	Sub-Saharan Africa	-0.8	5.8	4.1	5.7	-2.6	0.5	3.9
Switzerland	Europe & Central Asia	0.6	2.8	2.1	1.1	0.2	0.5	0.5
Liechtenstein	Europe & Central Asia	0.6	2.8	2.1	1.1	0.2	0.5	0.7
Niger	Sub-Saharan Africa	3.8	4.2	3.7	9.1	-4.6	0.4	2.0
Costa Rica	Latin America & Caribbean	1.7	8.3	0.5	-0.4	-0.1	-0.4	2.0
Afghanistan	Middle East, North Africa, Afghanistan & Pakistan	7.8	10.6	-7.7	-4.3	2.9	–	–
Eritrea	Sub-Saharan Africa	–	–	–	–	–	–	–
Lebanon	Middle East, North Africa, Afghanistan & Pakistan	154.8	171.2	221.3	45.2	14.6	–	–
Sri Lanka	South Asia	6.0	45.2	17.4	1.2	–	–	–
Syria	Middle East, North Africa, Afghanistan & Pakistan	–	–	–	–	–	–	–
West Bank and Gaza	Middle East, North Africa, Afghanistan & Pakistan	1.2	3.7	5.9	53.7	10.5	–	–

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)