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Mapped: Global Inflation by Country in 2025

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Mapped: Global Inflation by Country in 2025

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Key Takeaways

  • Global inflation averaged 4.2% in 2025, with many countries showing resilience in the face of historic U.S. tariffs.
  • In the U.S., inflation declined from 3% in 2024 to 2.7% in 2025.
  • Inflation was highest in Venezuela, at 269.9% for the year.

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.