Inflation Rate (Consumer Prices) 2021

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	Angola	17.2 %
2	Uzbekistan	12.5 %
3	Myanmar	8.8 %
4	Botswana	2.7 %
5	Algeria	1.9 %
6	Benin	NaN %
7	Burundi	NaN %
8	Chad	NaN %
9	Zimbabwe	241.7 %
10	South Sudan	187.9 %
11	Congo, Democratic Republic of the	41.5 %
12	Libya	28.5 %
13	Ethiopia	15.7 %
14	Sierra Leone	14.8 %
15	Liberia	12.4 %
16	Nigeria	11.3 %
17	Guinea	9.4 %
18	Egypt	9.3 %
19	Malawi	9.3 %
20	Zambia	9.1 %
21	Eritrea	9 %
22	Ghana	8.4 %
23	Sao Tome and Principe	7.8 %
24	Gambia	7.1 %
25	Tunisia	6.7 %
26	Eswatini	6.2 %
27	Madagascar	5.6 %
28	Lesotho	5.3 %
29	Kenya	5.1 %
30	South Africa	4.1 %
31	Saint Helena	4 %
32	Namibia	3.7 %
33	Tanzania	3.4 %
34	Rwanda	3.3 %
35	Uganda	2.8 %
36	Central African Republic	2.7 %
37	Mozambique	2.7 %
38	Cameroon	2.4 %
39	Gabon	2.4 %
40	Congo	2.2 %
41	Mauritania	2.2 %
42	Mali	1.9 %
43	Seychelles	1.8 %
44	Somalia	1.5 %
45	Equatorial Guinea	1.2 %
46	Cabo Verde	1.1 %
47	Comoros	1 %
48	Djibouti	0.7 %
49	Côte d'Ivoire	NaN %
50	Togo	0.6 %
51	Mauritius	0.4 %
52	Morocco	0.2 %
53	Niger	NaN %
54	Guinea-Bissau	0.2 %
55	Senegal	NaN %
56	Burkina Faso	NaN %
57	American Samoa	NaN %
58	Haiti	14.7 %
59	Turkmenistan	8 %
60	Tajikistan	7.7 %
61	Tonga	7.4 %
62	Cuba	5.5 %
63	Nicaragua	5.3 %
64	Kazakhstan	5.2 %
65	Nauru	5.1 %
66	Barbados	4.4 %
67	Russia	4.4 %
68	Honduras	4.3 %
69	Tuvalu	4.1 %
70	Niue	4 %
71	Tokelau	4 %
72	Sint Maarten (Dutch part)	4 %
73	Turks and Caicos Islands	4 %
74	Jamaica	3.9 %
75	Guatemala	3.7 %
76	Fiji	3.4 %
77	Vanuatu	3.1 %
78	Curaçao	2.6 %
79	Antigua and Barbuda	2.5 %
80	Cook Islands	2.2 %
81	Saint Vincent and the Grenadines	2.2 %
82	Cayman Islands	2 %
83	Costa Rica	2 %
84	Trinidad and Tobago	1.9 %
85	Dominican Republic	1.8 %
86	Puerto Rico	1.8 %
87	Australia	1.6 %
88	New Zealand	1.6 %
89	New Caledonia	1.4 %
90	Bahamas	1.4 %
91	Samoa	1.3 %
92	Anguilla	1.3 %
93	Montserrat	1.2 %
94	Belize	1.1 %
95	British Virgin Islands	1.1 %
96	Kyrgyzstan	1.1 %
97	Guam	1 %
98	United States Virgin Islands	1 %
99	Wallis and Futuna Islands	0.9 %
100	Grenada	0.9 %
101	Panama	0.9 %
102	Dominica	0.6 %
103	Solomon Islands	0.5 %
104	Kiribati	0.4 %
105	Northern Mariana Islands	0.3 %
106	French Polynesia	0 %
107	Aruba	NaN %
108	Saint Lucia	0.1 %
109	El Salvador	0 %
110	Saint Kitts and Nevis	0 %
111	Brunei Darussalam	NaN %
112	Belarus	5.6 %
113	Papua New Guinea	5.4 %
114	Republic of Moldova	4.8 %
115	Mongolia	4.6 %
116	Hungary	3.3 %
117	Bulgaria	3.1 %
118	Iceland	3 %
119	Cambodia	2.9 %
120	Indonesia	2.8 %
121	China	2.8 %
122	Czech Republic	2.8 %
123	Latvia	2.8 %
124	Vietnam	2.7 %
125	Slovakia	2.6 %
126	Netherlands	2.6 %
127	Gibraltar	2.5 %
128	Philippines	2.4 %
129	Lithuania	2.3 %
130	Estonia	2.2 %
131	Norway	2.1 %
132	Poland	2.1 %
133	Luxembourg	1.7 %
134	Malta	1.6 %
135	Austria	1.5 %
136	Monaco	1.5 %
137	Belgium	1.4 %
138	Germany	1.4 %
139	France	1.1 %
140	Ireland	0.9 %
141	Japan	0.4 %
142	North Korea	NaN %
143	Albania	1.4 %
144	Bosnia and Herzegovina	1.2 %
145	Finland	1 %
146	Laos	0.8 %
147	Thailand	0.7 %
148	Denmark	0.7 %
149	Croatia	0.7 %
150	North Macedonia	0.7 %
151	Malaysia	0.6 %
152	Timor-Leste	0.6 %
153	Italy	0.6 %
154	Singapore	0.5 %
155	Taiwan	0.5 %
156	South Korea	0.3 %
157	Andorra	NaN %
158	Portugal	0.3 %
159	Cyprus	0.2 %
160	Faroe Islands	NaN %
161	Greece	0.2 %
162	Liechtenstein	NaN %
163	Serbia	NaN %
164	Venezuela	146,101.7 %
165	Syrian Arab Republic	28.1 %
166	Argentina	25.7 %
167	Yemen	24.7 %
168	Suriname	22 %
169	Turkey	15.4 %
170	Iran	10 %
171	Pakistan	9.3 %
172	Ukraine	7.9 %
173	Uruguay	7.8 %
174	Bhutan	5.8 %
175	Bangladesh	5.5 %
176	Afghanistan	5 %
177	Georgia	4.8 %
178	Nepal	4.5 %
179	Sri Lanka	4.3 %
180	Romania	3.8 %
181	Brazil	3.7 %
182	India	3.7 %
183	Mexico	3.6 %
184	Paraguay	3.6 %
185	Colombia	3.5 %
186	Lebanon	2.8 %
187	Azerbaijan	2.6 %
188	Maldives	2.3 %
189	Chile	2.2 %
190	Peru	2.1 %
191	Guyana	2 %
192	Bermuda	1.9 %
193	Canada	1.9 %
194	Israel	1.8 %
195	United States	1.8 %
196	Sweden	1.7 %
197	United Kingdom	1.7 %
198	Slovenia	1.6 %
199	Kuwait	1.5 %
200	Bahrain	1.4 %
201	San Marino	1 %
202	Spain	0.7 %
203	Switzerland	0.3 %
204	United Arab Emirates	NaN %
205	Iraq	NaN %
206	Bolivia	1.8 %
207	Saint Pierre and Miquelon	1.5 %
208	Falkland Islands (Malvinas)	1.4 %
209	Montenegro	0.3 %
210	Jordan	0.3 %
211	Greenland	0.3 %
212	Oman	0.1 %
213	Qatar	NaN %
214	Saudi Arabia	NaN %
215	Ecuador	0.2 %

↑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 2021, the country with the highest Inflation Rate (Consumer Prices) was Venezuela, with a staggering rate of 146101.7%, while the global range spanned from 0% to this extreme value. The global median inflation rate was 2.40%, reflecting the variability in economic stability across different nations.

Extreme Inflation: The Case of Venezuela and Zimbabwe

The astronomical inflation rate in Venezuela is a result of prolonged economic mismanagement, political instability, and reliance on oil revenues. Hyperinflation in the country has persisted, with a rate of 146101.7% in 2021, leading to severe economic hardships. Similarly, Zimbabwe recorded the second-highest inflation rate at 241.7%. Zimbabwe's inflation issues stem from past economic policies, including excessive money printing and lack of foreign currency reserves, which have eroded the value of its local currency.

Moderate Inflation and Economic Policies

Countries like Argentina and Libya had significant yet more moderate inflation rates of 25.7% and 28.5%, respectively. In Argentina, persistent inflation is fueled by fiscal deficits, currency devaluation, and external debt obligations. Conversely, Libya's inflation is influenced by political instability and fluctuating oil prices, impacting the cost of imports and overall economic stability.

Stable Economies and Low Inflation

At the other end of the spectrum, several countries maintained remarkably low inflation rates. Saint Kitts and Nevis, alongside French Polynesia and El Salvador, reported an inflation rate of 0% in 2021. These countries often benefit from stable political environments, diversified economies, and effective monetary policies that control price levels. Moreover, Oman and Guinea-Bissau recorded minimal inflation rates of 0.1% and 0.2%, respectively, indicating effective inflation control mechanisms.

Year-over-Year Changes and Economic Implications

The average year-over-year change in inflation was 0.6%, with Israel experiencing the most significant increase of 1.00% (125.0%). This rise in Israel can be attributed to global supply chain disruptions and increased demand post-COVID-19 lockdowns, driving up prices. Conversely, countries like Venezuela, Zimbabwe, and South Sudan showed no significant change in their already high inflation rates. These stagnant rates highlight entrenched economic challenges that require structural reforms beyond mere monetary policy adjustments.

In summary, the 2021 Inflation Rate (Consumer Prices) data underscores a global landscape of economic disparities, with some nations grappling with hyperinflation and others maintaining price stability. The variations in inflation rates reflect complex interplays of domestic policies, political stability, and global economic conditions, emphasizing the importance of tailored economic strategies to address unique national challenges.

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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