Top Countries with Highest Inflation Rates (as of October 2025)
Inflation rates are typically measured as the year-over-year (YoY) change in the Consumer Price Index (CPI), reflecting the latest available monthly data. Based on recent reports, the following are the top 10 countries with the highest inflation rates. Note that data availability varies by country, and rates can fluctuate rapidly due to economic, political, or conflict-related factors. Venezuela’s latest reported rate (172% in April 2025) is outdated compared to others, so it is not included here; its projected annual rate for 2025 remains extremely high at around 270% per IMF estimates.
Rank | Country | Inflation Rate (YoY) | Period | Key Notes |
1 | South Sudan | 112.6% | October 2025 | Driven by ongoing economic crisis and currency depreciation. |
2 | Sudan | 83.47% | September 2025 | Exacerbated by civil war and supply disruptions. |
3 | Zimbabwe | 82.7% | September 2025 | Persistent despite currency reforms; monthly rate turned deflationary. |
4 | Iran | 37.5% | September 2025 | Rising due to sanctions, currency weakness, and food price surges. |
5 | Turkey | 33.29% | September 2025 | Core inflation remains sticky amid monetary tightening. |
6 | Argentina | 31.8% | September 2025 | Down significantly from earlier peaks due to austerity measures. |
7 | Malawi | 28.7% | September 2025 | Pushed by non-food prices; slight uptick from August. |
8 | Angola | 18.24% | September 2025 | Easing trend continues, nearing two-year low. |
9 | Nigeria | 18.02% | September 2025 | Sixth consecutive monthly decline, lowest in over three years. |
10 | Palestine | 17.65% | September 2025 | Moderating from August peak, but Gaza Strip sees 38.29%. |