The data displays the global inflation rate compared to previous year from 2012 to 2022*. In 2017, the inflation rate worldwide amounted to approx. 3.05% compared to the previous year.
Inflation rates worldwide
Inflation is often defined as the continued increase in the general level of prices of goods and services. Global economy has suffered immensely since the global financial crisis in 2008 and that has caused global inflation to increase. The highest recorded global inflation of the past decade in comparison with the previous year took place in 2008, when it increased by more than 6.
