* indicates monthly or quarterly data series

Inflation forecast, 2023:

The average for 2023 based on 43 countries was 6.26 percent. The highest value was in Turkey: 63.99 percent and the lowest value was in Belgium: 0.41 percent. The indicator is available from 1980 to 2028. Below is a chart for all countries where data are available.

Measure: percent; Source: International Monetary Fund
Select indicator
* indicates monthly or quarterly data series


Countries Inflation forecast, 2023 Global rank Available data
Turkey 63.99 1 1986 - 2028
Ukraine 15.5 2 1993 - 2028
Czechia 8.3 3 1996 - 2028
Serbia 8.2 4 1998 - 2028
Hungary 8.16 5 1989 - 2028
Romania 7.76 6 1991 - 2028
Poland 7.39 7 1985 - 2028
Iceland 7.32 8 1980 - 2028
Slovakia 6.34 9 1994 - 2028
Croatia 6.17 10 1993 - 2028
San Marino 5.87 11 2004 - 2028
Sweden 5.8 12 1980 - 2028
North Macedonia 5.7 13 1996 - 2028
Russia 5.7 14 1993 - 2028
Austria 5.6 15 1980 - 2028
Estonia 5.23 16 1995 - 2028
UK 5.2 17 1980 - 2028
Montenegro 5.06 18 2000 - 2028
Moldova 5 19 1993 - 2028
Norway 4.8 20 1980 - 2028
Slovenia 4.8 21 1993 - 2028
Bulgaria 4.73 22 1989 - 2028
Malta 4.68 23 1980 - 2028
Latvia 4.65 24 1993 - 2028
Finland 4.47 25 1980 - 2028
Andorra 4.4 26 2002 - 2028
Luxembourg 4.24 27 1980 - 2028
Germany 4.12 28 1992 - 2028
France 4.02 29 1980 - 2028
Spain 4 30 1980 - 2028
Albania 3.8 31 1991 - 2028
Lithuania 3.5 32 1996 - 2028
Ireland 3.43 33 1996 - 2028
Belarus 3.36 34 1993 - 2028
Portugal 3.31 35 1980 - 2028
Greece 2.91 36 1980 - 2028
Denmark 2.45 37 1980 - 2028
Cyprus 2.22 38 1980 - 2028
Bosnia & Herz. 2.2 39 1997 - 2028
Switzerland 1.9 40 1980 - 2028
Netherlands 1.36 41 1981 - 2028
Italy 1.11 42 1980 - 2028
Belgium 0.41 43 1980 - 2028



Definition: Year-on-year percentage changes in end-of-period consumer prices. The series includes actual historical values for past years and forecast values for the current and the next few years.
63.99
15.50
8.30
8.20
8.16
7.76
7.39
7.32
6.34
6.17
5.87
5.80
5.70
5.70
5.60
5.23
5.20
5.06
5.00
4.80
4.80
4.73
4.68
4.65
4.47
4.40
4.24
4.12
4.02
4.00
3.80
3.50
3.43
3.36
3.31
2.91
2.45
2.22
2.20
1.90
1.36
1.11
0.41
0
16
32
48
63.99
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