what country has the highest inflation rate 2021
It still seeks a 2% inflation over time but is willing to allow higher rates if inflation has been low for a while. The lowest inflation rate in 2019 was reported by Libya, Burkina Faso, Chad, Mali, Niger, United Arab Emirates, Iraq, Fiji and Qatar. | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed, Costa Rica: Economic activity swings back to growth in March, Costa Rica: Central Bank stands pat in April meeting, Costa Rica: Decline in economic activity softens in February, Costa Rica: GDP further eases its contraction in Q4. In, UNESCAP. Inflation climbs in April. Inflation rates in Southeast Asia from 2016 to 2020 with forecasts to 2022, by country [Graph]. Monthly inflation rate in EU countries February 2021, Monthly inflation rate in Euro area countries February 2021, Forecasted inflation rate in Italy 2020-2022. The inflation rate demonstrates the health of a country's economy. You need at least a Single Account to use this feature. +3. Crisis-hit Venezuela has the highest hyperinflation out of any country in the world. About Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, Show sources information The annual inflation rate in Australia rose to 1.1% in Q1 2021 from 0.9% in Q4 and compared with market consensus of 1.4%. As a Premium user you get access to the detailed source references and background information about this statistic. The ideal entry-level account for individual users. Not quite Fake News, but close. The highest inflation rate in 2019 was reported in Venezuela, followed by Zimbabwe, South Sudan, Sudan, Argentina, Liberia, Iran and Ethiopia, Haiti and Angola. The Laspeyres formula is generally used. The inflation rate is an important economic indicator because it tells you how fast prices are changing. Minimum Wage By Country 2021. Consumer prices increased 0.29% over the previous month in April, accelerating from the 0.03% rise logged in March. Chart. U.K. inflation rate for 2019 was 1.74%, a 0.55% decline from 2018. You only have access to basic statistics. As of January 2021, inflation rate in Zambia was 21.4 %. Producer price inflation is likely to remain elevated over the next few months, but still average lower than March’s level for 2021 as a whole. This statistic is not included in your account. Twitter The reading marked the highest increase in prices in four months, and was largely due to higher prices for transport and for housing and utilities. and over 1 Mio. 2021 est. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Inflation Rate. The 2021 Inflation Scare is a false alarm. Annual inflation rate in New Zealand increased to 1.5 percent in the first quarter of 2021 from 1.4 percent in the previous three months and compared with market expectations of a 1.4% gain. The top 5 countries also includes Nigeria, Turkey, Kyrgyzstan, and Uruguay. LinkedIn The global inflation rate is currently around 3.6%. by Nick Corbishley • Apr 16, 2021 • 102 Comments. Are you interested in testing our corporate solutions? Please contact us to get started with full access to dossiers, forecasts, studies and international data. Register in seconds and access exclusive features. *Estimates as of March 9, 2021. The nature of the inflation being discussed for the US in 2021 is 2% to 4%, nowhere near the 438% rate predicted for Venezuela for 2021. Never miss out on our latest data, analysis and industry events. By September 2020, the unemployment rate decreased to 7.9%. As soon as this statistic is updated, you will immediately be notified via e-mail. Hover over Click on a tile for details. At the moment not all data is published for all countries for 2021 so yearly inflation rate is calculated for each year only up to the specified month, inclusive. Crisis-hit Venezuela tops a list of countries with the highest levels of inflation, with a rate estimated at almost 282972.8 percent in April 2019. Countries are sorted by … Inflation uncertainty declined at both time horizons, the Fed said. Read also: Nigeria’s inflation rate rises to 17.33% in February 2021, highest in four years On a month-on-month basis, the inflation increased to 1.56 percent from 1.54% in February 2021. Inflation jumped to 1.2% in April, markedly up from March’s 0.5%. Liberia. Quick Analysis with our professional Research Service: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. On a month-on-month basis, the Headline index increased by 1.54% in February 2021, this is 0.05% point higher than the rate recorded in January 2021 (1.49%). The IMF report has shown that Turkey has the 14th highest inflation rate across the world with 13.6 percent. Mexico’s central bank faces tough spot after big hit to economy. As a Premium user you get access to background information and details about the release of this statistic. This rate is also 6.5 times higher than the European average, which stands at 2.1 percent. Press Brazil’s central bank struck back with shock-and-awe rate hike. You can only download this statistic as a Premium user. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Inflation Rate. ", UNESCAP, Inflation rates in Southeast Asia from 2016 to 2020 with forecasts to 2022, by country Statista, https://www.statista.com/statistics/626023/forecasted-inflation-rates-in-south-east-asia-by-country/ (last visited May 13, 2021), Inflation rates in Southeast Asia from 2016 to 2020 with forecasts to 2022, by country, Monthly consumer price index in Italy 2020, Monthly household detergent products consumer price index (CPI) in Italy 2019-2020, Monthly household cleaning products consumer price index (CPI) in Italy 2019-2020, Monthly kitchen furniture consumer price index (CPI) in Italy 2018-2020, Monthly bathroom furniture consumer price index (CPI) in Italy 2018-2020, Monthly household appliances consumer price index (CPI) in Italy 2017-2020, Monthly pet food consumer price index (CPI) trends in Italy 2017-2020, Monthly games and toys consumer price index (CPI) trends in Italy 2017-2020, Monthly plants and flowers consumer price index (CPI) trends in Italy 2017-2020, Retail trade sales monthly index in Italy 2017-2021, Non-food products retail sales index of large scale distribution in Italy 2017-2021, Leather and travel items retail sales value in Italy 2019-2021, Clothing and fur products retail sales value in Italy 2018-2020, Durable and non-durable items retail sales monthly index in Italy 2017-2021, Pharmaceuticals products retail sales in Italy 2017-2021, Toiletry items retail sales monthly index in Italy 2017-2021, Furnishing products retail sales monthly index in Italy 2017-2021, Saving rate of households in Italy 2016-2022, Consumer Confidence Index in Italy 2019-2021, Gross saving rate of households as consumers in Italy 2000-2019, Adjusted disposable income in Italy 2015-2019, Household average monthly expenditure in Italy 2019, by category, Rate of inflation for food in the European Union (EU) 2015-2021, Consumer Price Index (CPI) inflation rate in European countries 2019, Inflation rates East Asia 2017-2022, by country, Inflation rates North and Central Asia 2017-2022, by country, Inflation rates South Asia 2017-2022, by country, Forecast of the annual HICP change in the Netherlands 2013-2021, Household consumer perception on inflation in India 2015-2020, Coronavirus effects on purchasing power in the Netherlands 2015-2021, Inflation rate in the Association of Caribbean States 2019, Forecasted public sector net borrowing as share of United Kingdom GDP 2018-2023, Education sector volume forecast change in the Netherlands 2014-2020, Non-food sector turnover forecast change in the Netherlands 2017-2020, Percentage change of the domestic demand in Belgium 2019-2025, Treaty debt ratio as share of GDP forecast UK 2017-2024, Petroleum revenue tax receipts forecast United Kingdom (UK) 2017-2024, Contribution of manufacturing to GDP in North Africa 2018, by country, Startups and venture capital in the Middle East and North Africa, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. % ) and economic uncertainty, the CEOWORLD magazine predicts the rate will soar to 10 million percent by Bureau... 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