5 Countries with the Highest Inflation Rates

In this piece, we will take a look at the five countries with the highest inflation rates. For more countries, head on over to 15 Countries with the Highest Inflation Rates.

5. Republic of Zimbabwe

Latest Annualized Inflation Reading: 92.3%

The Republic of Zimbabwe is a South African landlocked country that has been beset by economic and political crises for most part of the last couple of decades. Inflation in Zimbabwe currently sits at 92.3%, and according to the IMF, the country will lead the world in inflation in 2023 which is projected to sit at a whopping 204.6% this year. The February reading of 92.3% marked a decrease from January’s 101.5%, and Zimbabwe has changed its inflation measuring method by now adopting a mix of prices in both the U.S. dollar and the Zimbabwean dollar.