Inflation: percent change in the Consumer Price Index, 2020 - Country rankings:
The average for 2020 based on 138 countries was 4.5 percent.The highest value was in Sudan: 150.3 percent and the lowest value was in Fiji: -2.6 percent. The indicator is available from 1960 to 2020. Below is a chart for all countries where data are available.
Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.