Inflation Rate (Consumer Prices) 2016

Inflation Rate (Consumer Prices) reveals how price changes affect economies. Compare countries and explore interactive rankings and trends.

215 data points•Updated 3/28/2026•Global Coverage•CIA World Factbook•

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Complete Data Rankings

Rank
1	Argentina	26.5 %
2	Belarus	13.6 %
3	Myanmar	10.8 %
4	Angola	10.3 %
5	Brazil	9 %
6	Bangladesh	6.2 %
7	Burundi	5.5 %
8	Colombia	5 %
9	Algeria	4.8 %
10	Chad	4.6 %
11	Cuba	4.6 %
12	Bhutan	4.5 %
13	Central African Republic	4.5 %
14	Chile	4.3 %
15	United Arab Emirates	4.1 %
16	Azerbaijan	4.1 %
17	Bolivia	4.1 %
18	Botswana	3.1 %
19	Cameroon	2.7 %
20	Djibouti	2.7 %
21	Curaçao	2.6 %
22	Congo	2.6 %
23	Cook Islands	2.2 %
24	American Samoa	2.1 %
25	Albania	1.9 %
26	Bahamas	1.9 %
27	Bahrain	1.8 %
28	Australia	1.5 %
29	Comoros	1.3 %
30	Cambodia	1.2 %
31	Andorra	1.1 %
32	Antigua and Barbuda	1 %
33	Aruba	0.5 %
34	Afghanistan	NaN %
35	Austria	0.8 %
36	Anguilla	NaN %
37	Barbados	NaN %
38	China	1.5 %
39	Bermuda	1.4 %
40	Costa Rica	0.8 %
41	Belgium	0.6 %
42	Belize	NaN %
43	Bosnia and Herzegovina	NaN %
44	Congo, Democratic Republic of the	1.2 %
45	Canada	1.1 %
46	Sri Lanka	0.9 %
47	Benin	0.3 %
48	Solomon Islands	NaN %
49	Bulgaria	NaN %
50	Brunei Darussalam	NaN %
51	Cayman Islands	NaN %
52	Northern Mariana Islands	NaN %
53	Cabo Verde	0.1 %
54	Cyprus	NaN %
55	Denmark	0.5 %
56	Dominica	NaN %
57	Ghana	17.2 %
58	Iran	13.7 %
59	Equatorial Guinea	11.7 %
60	Egypt	10.4 %
61	Ethiopia	10.1 %
62	Eritrea	9.8 %
63	Haiti	9 %
64	Guinea	8.1 %
65	Gambia	6.9 %
66	Kazakhstan	6.7 %
67	Kenya	6.6 %
68	Kyrgyzstan	6.5 %
69	Indonesia	6.4 %
70	India	4.9 %
71	Ecuador	4 %
72	Georgia	4 %
73	Jamaica	3.7 %
74	Kuwait	3.3 %
75	Honduras	3.2 %
76	Gibraltar	2.5 %
77	Guatemala	2.4 %
78	Faroe Islands	2.3 %
79	Greenland	1.8 %
80	Guam	1.8 %
81	Iraq	1.4 %
82	Falkland Islands (Malvinas)	1.2 %
83	Dominican Republic	0.8 %
84	Czech Republic	0.3 %
85	Ireland	0 %
86	Estonia	NaN %
87	El Salvador	NaN %
88	Finland	NaN %
89	Iceland	1.6 %
90	Fiji	1.4 %
91	Kiribati	1.4 %
92	Côte d'Ivoire	1.3 %
93	Laos	1.3 %
94	French Polynesia	1.1 %
95	South Korea	0.7 %
96	Gabon	0.6 %
97	France	0.1 %
98	Grenada	NaN %
99	Germany	0.1 %
100	Greece	NaN %
101	Guyana	NaN %
102	Croatia	NaN %
103	Hungary	NaN %
104	Israel	NaN %
105	Japan	0.8 %
106	Italy	0.1 %
107	Jordan	NaN %
108	North Korea	NaN %
109	Lebanon	NaN %
110	South Sudan	52.8 %
111	Malawi	21.2 %
112	Latvia	0.2 %
113	Lithuania	NaN %
114	Liberia	7.7 %
115	Slovakia	NaN %
116	Liechtenstein	NaN %
117	Russia	15.5 %
118	Libya	12.1 %
119	Republic of Moldova	9.7 %
120	Nigeria	9 %
121	Nauru	8 %
122	Nepal	7.9 %
123	Madagascar	7.4 %
124	Papua New Guinea	6 %
125	Mongolia	5.8 %
126	Niue	4 %
127	Nicaragua	4 %
128	Mozambique	3.6 %
129	Peru	3.5 %
130	Lesotho	3.2 %
131	Paraguay	3.1 %
132	Suriname	3 %
133	Mexico	2.7 %
134	Pakistan	2.5 %
135	Vanuatu	2.4 %
136	Norway	2.2 %
137	Malaysia	2.1 %
138	Qatar	1.7 %
139	Morocco	1.6 %
140	Monaco	1.5 %
141	Serbia	1.5 %
142	Mali	1.4 %
143	Maldives	1.4 %
144	Guinea-Bissau	1.4 %
145	Philippines	1.3 %
146	Malta	1.1 %
147	Niger	1 %
148	New Caledonia	0.6 %
149	Mauritania	0.5 %
150	Luxembourg	0.1 %
151	Montserrat	NaN %
152	Montenegro	1.6 %
153	North Macedonia	NaN %
154	Mauritius	1.3 %
155	Portugal	0.5 %
156	New Zealand	0.3 %
157	Netherlands	0.2 %
158	Oman	0.1 %
159	Poland	NaN %
160	Panama	0.1 %
161	Romania	NaN %
162	Puerto Rico	NaN %
163	Venezuela	121.7 %
164	Ukraine	48.7 %
165	Yemen	28.8 %
166	Turkmenistan	16 %
167	Tajikistan	10.8 %
168	Uzbekistan	10 %
169	Uruguay	8.7 %
170	Sierra Leone	8 %
171	Turkey	7.7 %
172	Tanzania	5.6 %
173	Sao Tome and Principe	5.3 %
174	Eswatini	5 %
175	Tunisia	4.9 %
176	Trinidad and Tobago	4.7 %
177	Saint Pierre and Miquelon	4.5 %
178	South Africa	4.5 %
179	Seychelles	4 %
180	Saint Helena	4 %
181	Sint Maarten (Dutch part)	4 %
182	Uganda	4 %
183	Namibia	3.4 %
184	Tuvalu	3.3 %
185	United States Virgin Islands	3.1 %
186	Rwanda	2.5 %
187	Saudi Arabia	2.2 %
188	Saint Kitts and Nevis	NaN %
189	Togo	1.8 %
190	Turks and Caicos Islands	1 %
191	Senegal	0.1 %
192	Slovenia	NaN %
193	San Marino	0.4 %
194	Singapore	NaN %
195	Somalia	NaN %
196	Spain	NaN %
197	Saint Lucia	NaN %
198	Syrian Arab Republic	38.1 %
199	Zambia	10.1 %
200	Wallis and Futuna Islands	2.8 %
201	Burkina Faso	1 %
202	Vietnam	0.9 %
203	Sweden	0 %
204	Switzerland	NaN %
205	Thailand	NaN %
206	Tokelau	NaN %
207	Tonga	NaN %
208	British Virgin Islands	0.9 %
209	Timor-Leste	0.6 %
210	Taiwan	NaN %
211	Samoa	0.7 %
212	United States	0.1 %
213	United Kingdom	0 %
214	Saint Vincent and the Grenadines	NaN %
215	Zimbabwe	NaN %

↑Top 10 Countries

Analysis: These countries represent the highest values in this dataset, showcasing significant scale and impact on global statistics.

↓Bottom 10 Countries

Context: These countries or territories have the lowest values, often due to geographic size, administrative status, or specific characteristics.

Analysis & Context

In 2016, the country with the highest Inflation Rate (Consumer Prices) was Venezuela at 121.7%, while the global range spanned from 0.00% to 121.70%. The global average inflation rate was 5.53%, with the median at 2.70%, offering a glimpse into the varied economic landscapes across countries.

Economic Instability and Hyperinflation

The stark contrast in inflation rates highlights the economic instability in certain regions, particularly in Venezuela and South Sudan. Venezuela's inflation soared to 121.7%, driven by political turmoil and economic mismanagement, leading to hyperinflation that severely impacted consumer prices. South Sudan followed with an inflation rate of 52.8%, a consequence of ongoing conflict and a collapsed oil industry, which is vital for its economy. Similarly, Ukraine experienced an inflation rate of 48.7%, largely due to the geopolitical tensions with Russia and the resultant economic sanctions.

Stable Economies with Minimal Inflation

Conversely, several countries managed to maintain minimal inflation rates, indicating economic stability. Nations such as Ireland, Sweden, and the United Kingdom reported an inflation rate of 0.00%. These countries benefited from robust economic policies and strong institutional frameworks that helped keep consumer prices stable. Other countries with low inflation rates, such as Germany and France, recorded 0.1%

Year-over-Year Trends and Significant Changes

Analyzing year-over-year changes reveals significant shifts in inflation rates for certain countries. Venezuela experienced an increase of 59.50% (a 95.7% increase), exacerbating its economic crisis. South Sudan saw the most dramatic rise, with a 51.10% increase, equating to a staggering 3005.9% change, highlighting the severe economic challenges it faced. On the other hand, Central African Republic witnessed a substantial decrease of 10.50% (-70.0%), reflecting efforts to stabilize its economy post-conflict. Similarly, Argentina saw a decrease of 9.90% (-27.2%), attributed to economic reforms aimed at curbing inflation.

Policy Implications and Economic Strategies

The 2016 data underscores the impact of fiscal and monetary policies on inflation rates. Countries with high inflation, such as Venezuela and South Sudan, often suffer from poor governance, lack of monetary control, and external shocks. In contrast, nations like Germany and Sweden benefit from sound economic policies and strong institutional frameworks that maintain price stability. The variation in inflation rates highlights the need for targeted economic strategies, including monetary tightening and structural reforms, to stabilize economies and protect consumer purchasing power.

Overall, the 2016 Inflation Rate (Consumer Prices) data offers valuable insights into the economic conditions and policy effectiveness across different countries. Understanding these patterns is crucial for formulating strategies to address inflationary pressures and foster sustainable economic growth.

Data Source

CIA World Factbook

The World Factbook, also known as the CIA World Factbook, was a reference resource produced by the US Central Intelligence Agency between 1962 and 2026 with almanac-style information about the countries of the world. From 1971 it was not classified, and available to the public in print since 1975, initially by the CIA, and later the Government Publishing Office.

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Historical Data by Year

Explore Inflation Rate (Consumer Prices) data across different years. Compare trends and see how statistics have changed over time.

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