Inflation: percent change in the Consumer Price Index, 2021 - Country rankings:
The average for 2021 based on 118 countries was 5.8 percent.The highest value was in Lebanon: 154.8 percent and the lowest value was in Bahrain: -0.6 percent. The indicator is available from 1960 to 2021. Below is a chart for all countries where data are available.
Measure: percent; Source: The World Bank
* indicates monthly or quarterly data series
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.