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Zimbabwe's Inflation Rate Ranked 2nd, After Venezuela - Report

4 years agoFri, 03 May 2019 01:17:21 GMT
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Zimbabwe's Inflation Rate Ranked 2nd, After Venezuela - Report

According to the Spectator Index, Zimbabwe’s rate of inflation currently stands at 73 per cent and is only second to that of Venezuela which stands at 10 million per cent.

Zimbabwe experienced hyperinflation in 2008, which resulted in the abandonment of the local currency in favour of a multi-currency regime.

Highest inflation, 2019.

  1. Venezuela: 10,000,000%
  2. Zimbabwe: 73%
  3. Sudan: 49%
  4. Argentina: 43%
  5. Iran: 37%
  6. South Sudan: 24%
  7. Liberia: 22%
  8. Yemen: 20%
  9. Angola: 17%
  10. Turkey: 17%
  11. Uzbekistan: 16%
  12. Sierra Leone: 15%
  13. Libya: 15%
  14. Haiti: 14%
  15. Egypt: 14%
  16. Nigeria: 11%
  17. Zambia: 10%
  18. Ethiopia: 9%

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