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: 165 countries.
The average value across those countries stands at: 7.55.
The standard deviation across those countries stands at: 20.21.
The lowest value stands at: -12.30, and was observed in Iraq, which in this case constitutes the country that ranks first.
The highest value stands at: 219.88, and was observed in Argentina, which in this case constitutes the country that ranks last.

Looking at countries with values, the top 5 countries are:
1. Iraq, actual value -12.30, actual ranking 1.
2. Afghanistan, actual value -6.60, actual ranking 2.
3. Barbados, actual value -0.4622, actual ranking 3.
4. Sri Lanka, actual value -0.4294, actual ranking 4.
5. Costa Rica, actual value -0.4129, actual ranking 5.

Looking at countries with values, the bottom 5 countries are:
1. Argentina, actual value 219.88, actual ranking 165.
2. South Sudan, actual value 91.44, actual ranking 164.
3. Turkey, actual value 58.51, actual ranking 163.
4. West Bank and Gaza, actual value 53.67, actual ranking 162.
5. Lebanon, actual value 45.24, actual ranking 161.

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