Taiwan’s ranking exposed, tied with Japan! 2026 Global Inflation Rate Ranking: This country is as disastrous as 467.9%
The International Monetary Fund released the latest "World Economic Outlook", with Venezuela's inflation rate estimated to reach 467.9%, and Taiwan and Japan tied for 163rd place.
Quick Look
- According to the IMF's "World Economic Outlook", the global inflation rate forecast for 2026 shows that Venezuela ranks first in the world at 467.9%.
- Taiwan’s estimated inflation rate is 2%, ranking 163rd.
- The report pointed out that global inflation situations vary significantly, and energy costs and geopolitical tensions remain major risk factors.
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Why It Matters
The International Monetary Fund regularly releases the World Economic Outlook to evaluate economic indicators and inflation forecasts of various countries around the world.
Global inflationary pressures continue to be a concern. According to the latest "World Economic Outlook" of the International Monetary Fund (IMF), the global inflation rate will reach 4.7% in 2026, with Venezuela ranking first in the world at 467.9%, far surpassing other countries; Iran ranks second at 78.6%, and South Sudan, Argentina and Turkey are also facing severe pressure from rising prices. In comparison, the estimated inflation rate is 3.6% in the United States, 2.8% in Canada, and 2% in Taiwan and Japan. Inflation situations around the world show significant differences.
This statistics covers 191 economies around the world and shows that countries with the most severe inflation are mostly facing problems such as currency devaluation, war conflicts or long-term economic instability. Among them, Venezuela’s inflation rate is estimated to be as high as 467.9%, Iran’s is 78.6%, Sudan’s is 41.3%, Argentina and Turkey are 32.5% and 31.2% respectively.
In addition, the 6th to 10th places are South Sudan with 27.6%, Malawi with 21.9%, Haiti with 21.5%, Myanmar with 20%, and Nigeria with 15.6%.
On the other hand, among the countries with the lowest inflation rate, Niger in Africa is expected to have a deflation of -1.9%, the lowest in the world; followed by Costa Rica, with an inflation rate of -0.8%, and Chad, a Central African country, with an inflation rate of -0.7%. In addition, the inflation rates in Switzerland and Liechtenstein are both 0.7%, Benin, Brunei, Gabon, Trinidad and Tobago are all 0.8%, and the Seychelles are 0.9%, indicating that price increases in these countries are relatively mild.
As for Asia, the Philippines is 5.8%, Vietnam is 4.7%, South Korea is 2.7%, Singapore is 2.3%, Malaysia is 2.2%, Thailand is 2.1%, Taiwan and Japan are 2%, which are countries with relatively low inflation rates, ranking 163rd on the list, while Hong Kong is 1.9%, and China is 1%.
Although the inflation situation in the world's major large economies is relatively stable, long-term cumulative price increases continue to put pressure on family life. In addition, lower headline inflation does not necessarily mean that energy price shocks have disappeared.
Taking the Asia-Pacific region as an example, more than 80% of economies have adopted measures such as subsidies, tax cuts or price controls to try to reduce the impact of energy costs on consumers. However, although these policies can reduce price increases in the short term, part of the cost will be borne by the government budget.
In addition to the economic problems faced by various countries, the Iran war and a new round of trade tensions have also added new uncertainties to global prices. Energy costs are still at a relatively high level, and factors such as shipping disruptions and reduced energy reserves continue to increase global inflation risks.
Rising energy prices not only affect people's consumption, but may also further increase borrowing costs. If the Iran war keeps inflation at high levels for a long time, investors may demand higher bond yields, which will put upward pressure on U.S. mortgage rates.
Open Questions
- What is the long-term burden of energy subsidy policies on countries’ finances?
- To what extent will the worsening situation in Iran affect the global supply chain?





