Which Countries Have the Highest Inflation in 2026?

IMF projections underscore uneven inflation patterns in 2026, with Venezuela at the top of the global league at 387.4% average inflation, followed by Sudan at 75.1% and Iran at 68.9%. Other high rates include Argentina (30.4%), Turkiye (28.6%), Yemen (26.5%), Malawi (24.4%), Haiti (23.5%), Bolivia (20.7%), and Myanmar (19.0%). Trading Economics notes Venezuela’s lingering hyperinflation, with May 2026 inflation around 524.5%. Sudán’s pressures stem from a depreciating pound and a 2023 conflict. Iran’s annual inflation reached 77.2% between April and May 2026, with point-to-point inflation over 113%. Inflation erodes purchasing power, hitting lower-income households hardest, as consumers confront higher prices for essentials amid a broad inflationary backdrop in 2026.