Which country has highest inflation rate in 2021?
Venezuela As a result of the rise in labor costs, prices for the goods or services that labor produces or provides also increases. This creates a cycle of price increases. With an inflation rate of 9,986%, Venezuela has the highest inflation rate in the world.
What is the best inflation rate for a country?
In 2020, Sudan ranked 3rd with an estimated inflation rate of about 163.26 percent compared to the previous year….The 20 countries with the highest inflation rate in 2020 (compared to the previous year)
| Characteristic | Inflation rate compared to previous year |
|---|---|
| Zimbabwe | 557.21% |
| Sudan | 163.26% |
| Lebanon | 84.86% |
| Argentina | 42.02% |
Which country has no inflation?
In 2020, Qatar ranked 1st with a negative inflation rate of about 2.72 percent compared to the previous year….The 20 countries with the lowest inflation rate in 2020 (compared to the previous year)
| Characteristic | Inflation rate compared to previous year |
|---|---|
| Qatar | -2.72% |
| Fiji | -2.59% |
| Bahrain | -2.32% |
| United Arab Emirates | -2.07% |
Which country has the lowest inflation rate in 2021?
Japan Of the major developed and emerging economies, the country with the lowest inflation rate in November 2021 was Japan with 0.6 percent (compared to the same month of the previous year).
Which country printed too much money?
However, Zimbabwe's peak month of inflation is estimated at 79.6 billion percent month-on-month, 89.7 sextillion percent year-on-year in mid-November 2008. In April 2009, Zimbabwe stopped printing its currency, with currencies from other countries being used.
What is China’s inflation rate?
China inflation rate for 2020 was 2.42%, a 0.48% decline from 2019. China inflation rate for 2019 was 2.90%, a 0.82% increase from 2018. China inflation rate for 2018 was 2.07%, a 0.48% increase from 2017. China inflation rate for 2017 was 1.59%, a 0.41% decline from 2016.
What is Philippines inflation rate?
As reported by the Philippine Statistics Authority (PSA) today, the headline inflation rate eased to 3.6 percent in December from 4.2 percent in November 2021. The decline was primarily driven by slower food inflation, which decreased to 3.2 percent in December from 4.1 percent in the previous month.