Countries with the highest inflation rates 1980 -2029 | Top15 IMF

#inflation #data #economy

This ranking shows the 15 Countries with the highest inflation rates, from 1980 to 2029.

Inflation refers to the general increase in prices of goods and services over time, resulting in a decrease in the purchasing power of money. It's essentially a decrease in the value of money, meaning that you can buy fewer goods and services with the same amount of money as time goes on. Inflation can be caused by various factors such as increased demand, supply shortages, rising production costs, changes in government policies, or expansionary monetary policies where central banks increase the money supply. Central banks often aim to keep inflation at a stable and moderate level to promote economic stability and growth. However, high or unpredictable inflation can have negative effects on an economy, such as reducing consumer purchasing power, distorting investment decisions, and creating uncertainty.

Data Source: International Monetary Fund

Inflation icon: Freepik - Flaticon

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Дата на публикация: 8 май, 2024
Категория: Наука и технология
Ключови думи: The with 1980 Top15 countries highest 2029 IMF inflation Rates