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Countries with the highest inflation rate

Of the 138 countries with a current monthly CPI print, the highest inflation is in Iran (87.9% in the year to July 2026), Argentina (33.8% in the year to July 2026) and Turkey (31.5% in the year to August 2026). 19 countries are running at 10% or more.

#CountryInflation, year over year3-year cumulativePrint month
1Iran87.9%251%Jul 2026
2Argentina33.8%564%Jul 2026
3Turkey31.5%166%Aug 2026
4Malawi20.9%106%Jul 2026
5Haiti18.9%97%Jun 2026
6Nigeria15.9%95%Jun 2026
7Rwanda15.9%25%Aug 2026
8Lebanon15.7%79%Jul 2026
9Sierra Leone15.7%53%Aug 2026
10Egypt14.5%62%Aug 2026
11Ethiopia13.8%60%May 2026
12Libya12.7%Jun 2026
13Mongolia12.5%30%Aug 2026
14Pakistan11.2%26%Aug 2026
15Kyrgyzstan11.0%25%Jun 2026
16Botswana10.7%16%Jun 2026
17Suriname10.5%39%Jun 2026
18Romania10.4%22%Jun 2026
19Kazakhstan10.4%33%May 2026
20Bolivia9.2%41%Jun 2026
21Angola8.8%69%Aug 2026
22Mauritania8.7%13%May 2026
23Burundi8.4%79%Jul 2026
24Algeria8.4%13%Jun 2026
25Bangladesh8.3%31%Jul 2026
26Somalia8.1%13%Jun 2026
27Ukraine8.1%32%Aug 2026
28Jamaica7.5%17%Jul 2026
29Mozambique7.5%16%Jun 2026
30Laos7.4%45%Jun 2026
31Republic of Congo6.9%12%Jul 2026
32Sri Lanka6.8%2%Jun 2026
33Honduras6.5%17%Jun 2026
34Kenya6.4%16%Jun 2026
35Philippines6.4%12%Jun 2026
36Uzbekistan6.2%28%Aug 2026
37Zambia6.2%38%Aug 2026
38Fiji6.1%11%Jun 2026
39Colombia6.0%19%Jul 2026
40Russia6.0%26%Jul 2026
41Cambodia5.8%10%Apr 2026
42Tunisia5.7%19%Jul 2026
43Georgia5.7%12%Aug 2026
44Iceland5.6%16%Aug 2026
45Guinea5.4%17%May 2026
46Croatia5.2%12%May 2026
47Dominican Republic5.1%13%Aug 2026
48Bulgaria5.0%13%Aug 2026
49Liberia5.0%23%Jun 2026
50Ghana4.6%42%Jul 2026
51Armenia4.5%10%Jul 2026
52Vietnam4.5%13%Jul 2026
53Brazil4.4%15%Jul 2026
54India4.4%10%Jul 2026
55Namibia4.4%13%Jul 2026
56Belize4.3%10%May 2026
57Mauritius4.3%13%Jul 2026
58Spain4.3%10%Aug 2026
59South Africa4.3%13%Jul 2026
60Uruguay4.3%14%Jun 2026
61Chile4.1%14%Aug 2026
62Belarus4.1%19%Jul 2026
63Peru4.1%7%Aug 2026
64Tanzania4.0%11%Jun 2026
65Guyana4.0%13%Jun 2026
66Belgium4.0%9%Aug 2026
67Bahamas3.8%5%Apr 2026
68Greece3.8%10%Aug 2026
69Nicaragua3.7%11%May 2026
70Uganda3.7%12%Jun 2026
71Ireland3.7%8%Aug 2026
72Montenegro3.6%13%May 2026
73Bosnia and Herzegovina3.6%11%Jul 2026
74Tajikistan3.5%11%Apr 2026
75Australia3.5%Jul 2026
76Slovakia3.4%10%Jun 2026
77United States3.4%9%Jul 2026
78Albania3.4%8%Aug 2026
79Norway3.3%10%Aug 2026
80Mexico3.3%12%Aug 2026
81Netherlands3.3%10%Aug 2026
82Oman3.2%6%Jul 2026
83Iraq3.1%6%Jun 2026
84South Korea3.1%7%Aug 2026
85Canada3.0%7%Aug 2026
86Poland3.0%10%Jun 2026
87Portugal3.0%8%Jul 2026
88United Kingdom3.0%11%Jul 2026
89Slovenia3.0%7%Aug 2026
90Cyprus2.9%4%Jul 2026
91Lesotho2.9%15%Jul 2026
92Indonesia2.9%8%Jul 2026
93Germany2.9%7%Aug 2026
94Austria2.8%10%Jul 2026
95El Salvador2.8%4%Jun 2026
96Jordan2.7%6%Jul 2026
97Latvia2.6%7%Jul 2026
98Maldives2.6%8%Jun 2026
99North Macedonia2.6%10%Aug 2026
100Malta2.5%6%Jun 2026
101Thailand2.4%3%Jun 2026
102France2.4%5%Aug 2026
103Panama2.3%3%May 2026
104Paraguay2.3%11%Apr 2026
105Bahrain2.3%3%Jun 2026
106Guatemala2.3%8%Jun 2026
107Burkina Faso2.3%5%Jul 2026
108Singapore2.2%5%Jul 2026
109Luxembourg2.2%7%Jul 2026
110Finland2.2%4%Aug 2026
111Denmark2.1%6%Aug 2026
112Czechia1.9%7%Aug 2026
113Côte d'Ivoire1.9%5%Jul 2026
114Saudi Arabia1.8%6%Aug 2026
115Malaysia1.8%5%Jul 2026
116Japan1.7%8%Jun 2026
117Ecuador1.7%4%Jun 2026
118Togo1.7%5%Jul 2026
119Hong Kong1.6%5%Jul 2026
120Barbados1.6%4%Jun 2026
121Israel1.6%8%Jul 2026
122Estonia1.5%11%Aug 2026
123Hungary1.3%9%Aug 2026
124China0.8%1%Aug 2026
125Timor-Leste0.5%3%Jul 2026
126Cabo Verde0.4%5%Jul 2026
127Switzerland0.4%2%Jul 2026
128Senegal0.3%1%Jul 2026
129Morocco0.3%3%Jun 2026
130Trinidad and Tobago0.3%3%Jun 2026
131Sweden0.3%3%Aug 2026
132Brunei0.3%-1%Jun 2026
133Kuwait0.0%5%Jun 2026
134Benin-0.1%2%Jul 2026
135Costa Rica-0.3%-1%Jun 2026
136Mali-1.3%8%Jul 2026
137Niger-2.0%2%Jul 2026
138Chad-2.0%3%Jul 2026

Coverage: 138 countries have a monthly consumer price index with a print in the last 180 days. 2 more are held back today because their newest figure failed a check: an index rebased inside the window, a missing month a year back, or a print far outside the IMF's annual figures. A rebased index read naively publishes a price move that never happened, so those are left out rather than shown.

Not covered: 31 countries with no current monthly index

Afghanistan, Azerbaijan, Bhutan, Cameroon, Central African Republic, DR Congo, Cuba, Equatorial Guinea, Eritrea, Eswatini, Gabon, Gambia, Kosovo, Madagascar, Moldova, Myanmar, Nepal, New Zealand, Papua New Guinea, Qatar, Serbia, Solomon Islands, South Sudan, Sudan, Syria, Turkmenistan, United Arab Emirates, Vanuatu, Venezuela, Yemen, Zimbabwe. These publish no monthly index through ILOSTAT, or stopped more than six months ago. Absence from the table says nothing about their inflation; several would rank near the top.

Questions

Which country has the highest inflation rate right now?

Iran (87.9% in the year to July 2026), among the 138 countries with a current monthly CPI print. Countries that publish no current monthly index are not ranked; they are named under "Not covered" below.

How is the inflation rate on this page calculated?

It is the change in the national consumer price index from the same month a year earlier. Each figure is computed from the country's national consumer price index as republished by ILOSTAT, the International Labour Organization's statistics service, under CC BY 4.0. A country is left out when its newest print is more than six months old.

Why do countries show different months?

Statistics offices publish on different schedules, so the newest available month differs by country. The table shows each figure's month rather than forcing every country onto the same, older one.

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