Of the economies in the World Bank's latest release, Venezuela, RB has the highest inflation, GDP deflator, linked series (annual % growth) (227.09% in 2025) and Afghanistan the lowest (-8.31% in 2024).
What this measures
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.
Ranking
| # | Economy | Latest value | Year |
|---|---|---|---|
| 1 | Venezuela, RB | 227.09% | 2025 |
| 2 | Syrian Arab Republic | 107.38% | 2022 |
| 3 | Zimbabwe | 83.12% | 2025 |
| 4 | Sudan | 65.91% | 2025 |
| 5 | Lebanon | 45.16% | 2024 |
| 6 | Argentina | 39.09% | 2025 |
| 7 | Türkiye | 36.43% | 2025 |
| 8 | Haiti | 34.39% | 2025 |
| 9 | Cuba | 32.22% | 2024 |
| 10 | Malawi | 30.37% | 2025 |
| 11 | Iran, Islamic Rep. | 28.78% | 2025 |
| 12 | Egypt, Arab Rep. | 24.96% | 2025 |
| 13 | Angola | 20.49% | 2025 |
| 14 | Bolivia | 19.91% | 2025 |
| 15 | Burundi | 18.22% | 2025 |
| 16 | Ethiopia | 16.68% | 2025 |
| 17 | Yemen, Rep. | 14.85% | 2018 |
| 18 | Ukraine | 14.47% | 2025 |
| 19 | Ghana | 14.43% | 2025 |
| 20 | American Samoa | 14.15% | 2022 |
| 21 | Nigeria | 13.86% | 2025 |
| 22 | Suriname | 12.99% | 2025 |
| 23 | Somalia, Fed. Rep. | 12.88% | 2025 |
| 24 | Myanmar | 12.52% | 2025 |
| 25 | Kyrgyz Republic | 12.4% | 2025 |
| 26 | São Tomé and Principe | 11.94% | 2025 |
| 27 | Uzbekistan | 11.85% | 2025 |
| 28 | Belarus | 10.92% | 2025 |
| 29 | Kazakhstan | 9.61% | 2025 |
| 30 | Burkina Faso | 8.84% | 2025 |
| 31 | Madagascar | 8.38% | 2025 |
| 32 | Romania | 8.2% | 2025 |
| 33 | Honduras | 8.02% | 2025 |
| 34 | Gambia, The | 7.89% | 2025 |
| 35 | Congo, Dem. Rep. | 7.8% | 2025 |
| 36 | Nicaragua | 7.6% | 2025 |
| 37 | Lao PDR | 7.55% | 2025 |
| 38 | Bulgaria | 7.41% | 2025 |
| 39 | San Marino | 7.36% | 2023 |
| 40 | Rwanda | 7.35% | 2025 |
| 41 | Iceland | 6.87% | 2025 |
| 42 | Papua New Guinea | 6.87% | 2025 |
| 43 | Chile | 6.8% | 2025 |
| 44 | Moldova | 6.56% | 2025 |
| 45 | Bangladesh | 6.52% | 2025 |
| 46 | Hungary | 6.27% | 2025 |
| 47 | Guinea | 6.19% | 2025 |
| 48 | Samoa | 6.17% | 2025 |
| 49 | Namibia | 6.06% | 2025 |
| 50 | Turkmenistan | 6.02% | 2025 |
| 51 | Channel Islands | 5.75% | 2023 |
| 52 | Brazil | 5.73% | 2025 |
| 53 | Marshall Islands | 5.66% | 2025 |
| 54 | Zambia | 5.63% | 2025 |
| 55 | Guam | 5.47% | 2022 |
| 56 | Peru | 5.44% | 2025 |
| 57 | Colombia | 5.42% | 2025 |
| 58 | Tunisia | 5.23% | 2025 |
| 59 | Uganda | 5.2% | 2025 |
| 60 | Tanzania | 5.12% | 2025 |
| 61 | Virgin Islands (US) | 5.04% | 2022 |
| 62 | Solomon Islands | 4.99% | 2025 |
| 63 | St. Vincent and the Grenadines | 4.91% | 2025 |
| 64 | Bermuda | 4.9% | 2024 |
| 65 | Russian Federation | 4.85% | 2025 |
| 66 | Jamaica | 4.8% | 2025 |
| 67 | Tajikistan | 4.77% | 2025 |
| 68 | Croatia | 4.67% | 2025 |
| 69 | Georgia | 4.64% | 2025 |
| 70 | Mexico | 4.63% | 2025 |
| 71 | North Macedonia | 4.63% | 2025 |
| 72 | Djibouti | 4.58% | 2025 |
| 73 | Liberia | 4.52% | 2025 |
| 74 | Serbia | 4.49% | 2025 |
| 75 | Dominican Republic | 4.47% | 2025 |
| 76 | Mongolia | 4.36% | 2025 |
| 77 | Uruguay | 4.33% | 2025 |
| 78 | Guinea-Bissau | 4.32% | 2025 |
| 79 | Comoros | 4.3% | 2025 |
| 80 | Pakistan | 4.28% | 2025 |
| 81 | Slovak Republic | 4.19% | 2025 |
| 82 | Aruba | 4.14% | 2024 |
| 83 | Montenegro | 4.03% | 2025 |
| 84 | Naoero | 4.02% | 2025 |
| 85 | Portugal | 3.92% | 2025 |
| 86 | Mauritius | 3.92% | 2025 |
| 87 | Estonia | 3.84% | 2025 |
| 88 | United Kingdom | 3.69% | 2025 |
| 89 | Sri Lanka | 3.69% | 2025 |
| 90 | Lithuania | 3.63% | 2025 |
| 91 | Botswana | 3.63% | 2025 |
| 92 | Latvia | 3.62% | 2025 |
| 93 | New Zealand | 3.62% | 2025 |
| 94 | Armenia | 3.57% | 2025 |
| 95 | Czechia | 3.51% | 2025 |
| 96 | Kenya | 3.49% | 2025 |
| 97 | Senegal | 3.49% | 2025 |
| 98 | Cambodia | 3.47% | 2025 |
| 99 | Slovenia | 3.45% | 2025 |
| 100 | Japan | 3.42% | 2025 |
| 101 | Guatemala | 3.39% | 2025 |
| 102 | Mauritania | 3.38% | 2025 |
| 103 | Viet Nam | 3.33% | 2025 |
| 104 | Curaçao | 3.33% | 2024 |
| 105 | Netherlands | 3.32% | 2025 |
| 106 | Maldives | 3.29% | 2025 |
| 107 | Luxembourg | 3.22% | 2025 |
| 108 | Côte d'Ivoire | 3.21% | 2025 |
| 109 | Micronesia, Fed. Sts. | 3.2% | 2025 |
| 110 | Isle of Man | 3.2% | 2023 |
| 111 | Bhutan | 3.16% | 2025 |
| 112 | Austria | 3.15% | 2025 |
| 113 | Korea, Rep. | 3.13% | 2025 |
| 114 | Paraguay | 3.08% | 2025 |
| 115 | Nepal | 3.07% | 2025 |
| 116 | Bosnia and Herzegovina | 3.01% | 2025 |
| 117 | Germany | 3.01% | 2025 |
| 118 | Lesotho | 3% | 2025 |
| 119 | Antigua and Barbuda | 2.98% | 2025 |
| 120 | Tonga | 2.96% | 2025 |
| 121 | Spain | 2.91% | 2025 |
| 122 | Poland | 2.91% | 2025 |
| 123 | Cameroon | 2.83% | 2025 |
| 124 | Kosovo | 2.81% | 2025 |
| 125 | Northern Mariana Islands | 2.8% | 2022 |
| 126 | United States | 2.8% | 2025 |
| 127 | South Africa | 2.79% | 2025 |
| 128 | Greece | 2.78% | 2025 |
| 129 | Barbados | 2.74% | 2025 |
| 130 | West Bank and Gaza | 2.72% | 2025 |
| 131 | St. Kitts and Nevis | 2.69% | 2025 |
| 132 | Sierra Leone | 2.67% | 2025 |
| 133 | Andorra | 2.63% | 2025 |
| 134 | Seychelles | 2.6% | 2025 |
| 135 | St. Lucia | 2.56% | 2025 |
| 136 | Belgium | 2.56% | 2025 |
| 137 | Canada | 2.55% | 2025 |
| 138 | Cayman Islands | 2.4% | 2024 |
| 139 | Monaco | 2.39% | 2024 |
| 140 | Indonesia | 2.37% | 2025 |
| 141 | Central African Republic | 2.34% | 2025 |
| 142 | Puerto Rico (US) | 2.32% | 2025 |
| 143 | Australia | 2.31% | 2025 |
| 144 | Jordan | 2.21% | 2025 |
| 145 | Vanuatu | 2.19% | 2025 |
| 146 | Malta | 2.18% | 2025 |
| 147 | Mali | 2.12% | 2025 |
| 148 | Morocco | 2.1% | 2025 |
| 149 | Israel | 2.09% | 2025 |
| 150 | Fiji | 2% | 2025 |
| 151 | Faroe Islands | 2% | 2024 |
| 152 | Italy | 1.99% | 2025 |
| 153 | Trinidad and Tobago | 1.99% | 2025 |
| 154 | Dominica | 1.97% | 2025 |
| 155 | Greenland | 1.86% | 2023 |
| 156 | French Polynesia | 1.85% | 2024 |
| 157 | Tuvalu | 1.82% | 2025 |
| 158 | Cabo Verde | 1.74% | 2025 |
| 159 | Denmark | 1.67% | 2025 |
| 160 | United Arab Emirates | 1.63% | 2024 |
| 161 | Benin | 1.55% | 2025 |
| 162 | Sint Maarten (Dutch part) | 1.55% | 2025 |
| 163 | Ecuador | 1.48% | 2025 |
| 164 | Finland | 1.48% | 2025 |
| 165 | Albania | 1.45% | 2025 |
| 166 | Philippines | 1.43% | 2025 |
| 167 | Norway | 1.41% | 2025 |
| 168 | El Salvador | 1.29% | 2025 |
| 169 | Sweden | 1.23% | 2025 |
| 170 | France | 1.18% | 2025 |
| 171 | Cyprus | 1.11% | 2025 |
| 172 | Belize | 1.06% | 2025 |
| 173 | Hong Kong SAR, China | 1.02% | 2025 |
| 174 | Ireland | 1.02% | 2025 |
| 175 | India | 0.97% | 2025 |
| 176 | Palau | 0.96% | 2025 |
| 177 | Togo | 0.85% | 2025 |
| 178 | Turks and Caicos Islands | 0.83% | 2024 |
| 179 | Algeria | 0.78% | 2025 |
| 180 | Grenada | 0.66% | 2025 |
| 181 | Azerbaijan | 0.57% | 2025 |
| 182 | Macao SAR, China | 0.46% | 2025 |
| 183 | Bahamas, The | 0.29% | 2024 |
| 184 | Switzerland | 0.29% | 2025 |
| 185 | Bahrain | 0.23% | 2025 |
| 186 | Panama | 0.19% | 2025 |
| 187 | Kiribati | 0.00876% | 2025 |
| 188 | Oman | -0.09% | 2025 |
| 189 | Malaysia | -0.45% | 2025 |
| 190 | Eswatini | -0.45% | 2025 |
| 191 | Costa Rica | -0.54% | 2025 |
| 192 | Thailand | -0.87% | 2025 |
| 193 | China | -0.92% | 2025 |
| 194 | Mozambique | -1.02% | 2025 |
| 195 | Equatorial Guinea | -1.38% | 2025 |
| 196 | Niger | -1.6% | 2025 |
| 197 | Singapore | -1.8% | 2025 |
| 198 | Chad | -1.96% | 2025 |
| 199 | Saudi Arabia | -2.57% | 2025 |
| 200 | Qatar | -3.15% | 2025 |
| 201 | Congo, Rep. | -3.42% | 2025 |
| 202 | Libya | -3.94% | 2025 |
| 203 | Gabon | -3.96% | 2025 |
| 204 | Timor-Leste | -4.69% | 2025 |
| 205 | Brunei Darussalam | -4.74% | 2025 |
| 206 | Kuwait | -4.97% | 2025 |
| 207 | Iraq | -7.03% | 2025 |
| 208 | Guyana | -7.93% | 2025 |
| 209 | Afghanistan | -8.31% | 2024 |
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Reading data like this
Source
World Bank, World Development Indicators, NY.GDP.DEFL.KD.ZG.AD, CC BY 4.0. Original source: Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF) View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.
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