Top-7 countries with highest inflation rate in 2023

Ethiopia

Over the last 55 years, consumer price inflation in Ethiopia has fluctuated between negative 9.8% and positive 44.4%. In 2023, the projected inflation rate is 32%. On average, the inflation rate was 9.4% per year between 1966 and 2021, resulting in an overall price increase of 11,027.98%. For example, an item that cost 100 birrs in 1966 would now cost 11,127.98 birrs at the start of 2022.

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