5 Countries With Lowest Inflation Rates In The World

In this piece, we will take a look at the five countries with the lowest inflation rates in the world. If you want to take a look at the the current global macroeconomic environment and why inflation has become one of the hottest topics over this past year, head on over to 20 Countries With Lowest Inflation Rates In The World.

5. Republic of Costa Rica

Latest Inflation Estimate: 0.88%

The Republic of Costa Rica is a Central American country that is one of the most stable nations in the world. While annual inflation stood at 0.88% in May, year to March 2023 inflation was -1.36%. Costa Rica has a $68 billion economy and a GDP per capita of $13,090. It relies on a mix of industrial, agricultural, and other products to fuel its exports and earn foreign exchange.