Global inflation forecasts by country for 2026

IMF-based projections for 2026 show U.S. inflation falling to 2.4% while Venezuela is forecast at 682.1%; many European and Asian economies are projected to see inflation near or below 2%.

Maps and charts display IMF-based inflation projections for 190 economies in 2026. The graphic presents country-level forecasts for next year’s consumer price changes. It notes a range of outcomes, from low inflation in some advanced economies to very high inflation in countries facing instability. The forecasts were published before some recent political events noted in the source. Key projections: - The data are based on International Monetary Fund forecasts covering 190 economies for 2026. - U.S. inflation is projected to decline to 2.4% in 2026, remaining above the Federal Reserve’s target as reported. - Venezuela is forecast to have the highest inflation by a large margin, at 682.1% in 2026. - Several conflict-affected countries, including Sudan, Iran, and Myanmar, are reported to face inflation above 25%. - Switzerland and Liechtenstein are projected to have among the lowest inflation, at about 0.6%. - Consumer prices in Thailand and China are projected to rise around 0.7%, reflecting softer price pressures. Summary: These forecasts indicate differing inflationary pressures across regions and economies, with advanced economies generally seeing lower rates and some unstable countries facing much higher rates. Undetermined at this time.