Saturday, July 11, 2009

Ten Countries with Inflation Rates over 25%

According to the CIA World Factbook, the following countries have annual inflation rates in excess of 25%. The inflation rates are as of 2008 estimates by the CIA.

Zimbabwe 11,200,000% The country had an official estimated high inflation rate of 231,000,000% in July 2008 according to the country's Central Statistical Office. This is the country that issued the $100 trillion dollar note.

Ethiopia 41% They have one of the fastest growing economies in the world, according to The Economist.

Venezuela 31% Petroleum accounts for around 80% of the country's exports.

Guinea 30% The country has up to one-half of the world's reserves of bauxite.

Saudi Arabia 28% Ninety percent of export profits come from the oil industry and oil amounts to about 45% of Saudi Arabia's gross domestic product.

Mongolia 28% The Mongolian Stock Exchange is the world's smallest stock exchange by market capitalization.

Iran 28%

Burma 27.3%

Sao Tome and Principe 27%

Seychelles 25.8%


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