Inflation ranking 2023 — the top 20 economies
The twenty largest economies by Inflation, Consumer Prices (Annual %) in 2023, ranked by the exact World Bank figures. The leader: Lebanon (221.34%). A total of 176 economies reported a value that year.
The leader, Lebanon, stood at 221.34%. The twentieth economy, Kazakhstan, reported 14.52% — a 15× spread inside the top 20 alone. Of 176 economies reporting that year, these twenty are the ones usually quoted.
| # | Country | annual % (2023) |
|---|---|---|
| 1 | Lebanon | 221.34% |
| 2 | Turkiye | 53.86% |
| 3 | Suriname | 51.59% |
| 4 | Sierra Leone | 47.64% |
| 5 | Iran | 44.58% |
| 6 | Ghana | 38.11% |
| 7 | Haiti | 36.81% |
| 8 | Egypt | 33.88% |
| 9 | Laos | 31.23% |
| 10 | Pakistan | 30.77% |
| 11 | Ethiopia | 30.22% |
| 12 | Malawi | 28.79% |
| 13 | Burundi | 26.94% |
| 14 | Nigeria | 24.66% |
| 15 | Sao Tome and Principe | 21.26% |
| 16 | Rwanda | 19.79% |
| 17 | Hungary | 17.12% |
| 18 | The Gambia | 16.97% |
| 19 | Sri Lanka | 16.54% |
| 20 | Kazakhstan | 14.52% |
Where are they now?
The top five of 2023 and their rank in the latest published year:
| Country | Rank in 2023 | Rank today |
|---|---|---|
| Lebanon | #10 | #12 |
| Turkiye | #3 | #5 |
| Suriname | #20 | #23 |
| Sierra Leone | #30 | #35 |
| Iran | #2 | #4 |
Other years
Frequently asked questions
Which country had the largest Inflation in 2023?
Lebanon, with 221.34% (annual %).
How many countries are included?
176 economies reported a value for FP.CPI.TOTL.ZG in 2023. Coverage widens over time — earlier years include fewer reporting economies.