Inflation Rate - Ranking



Indicator Definition:
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Indicator Unit:
The statistic is measured in Percent.

Descriptive Statistics regarding the Indicator "Inflation Rate":
The number of countries with data stands at: 163 countries.
The average value across those countries stands at: 4.57.
The standard deviation across those countries stands at: 6.65.
The lowest value stands at: -4.76, and was observed in Sri Lanka, which in this case constitutes the country that ranks first.
The highest value stands at: 42.17, and was observed in Iran, Islamic Rep., which in this case constitutes the country that ranks last.

Looking at countries with values, the top 5 countries are:
1. Sri Lanka, actual value -4.76, actual ranking 1.
2. Niger, actual value -4.45, actual ranking 2.
3. Chad, actual value -3.91, actual ranking 3.
4. Fiji, actual value -1.38, actual ranking 4.
5. Burkina Faso, actual value -0.5862, actual ranking 5.

Looking at countries with values, the bottom 5 countries are:
1. Iran, Islamic Rep., actual value 42.17, actual ranking 163.
2. Turkey, actual value 34.88, actual ranking 162.
3. Burundi, actual value 34.13, actual ranking 161.
4. Haiti, actual value 28.64, actual ranking 160.
5. Malawi, actual value 28.37, actual ranking 159.

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