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Average inflation rate 2017–2021 (%) by WB and IMF [1] [2] ... 29 November 2024 [89] South Africa: 7.75 0.25: ... 4 April 2024 [99] Thailand: 2.25 0.25:
World map by inflation rate (consumer prices), 2023, according to World Bank This is the list of countries by inflation rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices. Inflation is a positive value ...
Price level indexes (PLIs), with the world average set at 100, are calculated by dividing the purchasing power parities (PPPs), where 1 PPP equals 1 US dollar in the US, by the market exchange rates, also equated to 1 US dollar. These ratios are then adjusted to align with the global average, which is standardized at 100.
Values are given in USDs and have not been adjusted for inflation. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database (October 2024 edition), [1] World Bank, or various sources.
Region Rate Africa: 3.2 Asia and Oceania: 4.4 Australia and New Zealand: 1.7 Caribbean: 9.8 Central America: 3.8 Central Asia and the Caucasus: 4.1 East Asia: 4.2 Eastern Europe: 1.6 Europe: 1.0
The index measures the unemployment rate coupled with the inflation rate. Bloomberg commented that "The least miserable country is once again Thailand—in large part due to its unique way of calculating employment..." Other ASEAN nations were ranked: Singapore, 64; Malaysia, 55; Vietnam, 54; Philippines, 37; Indonesia, 23. [167]
July 2024 data showed that the inflation rate had dropped to 2.9%, the lowest since March 2021, with used car prices returning to normal following the 2020–2023 global chip shortage. [182] Increases in rent, [ 183 ] childcare [ 184 ] and electricity [ 185 ] still outpaced inflation at around 5%.
This is an accepted version of this page This is the latest accepted revision, reviewed on 28 January 2025. Economy of Thailand Bangkok, the commercial hub of Thailand Currency Thai baht (THB, ฿) Fiscal year 1 October – 30 September Trade organisations WTO, APEC, IOR-ARC, ASEAN, RCEP Country group Developing/Emerging Upper-middle income economy Newly industrialized country Statistics ...