World Inflation Rates By Country 2024. According to the imf, inflation is falling faster than expected in most regions: Further forecasts estimate that global inflation will continue to slow through 2023 and 2024, thereby offering a cause of optimism for consumers around the world.

World inflation rate for 2021 was 3.47%, a 1.55% increase from 2020. After hitting a peak of 8.7% in 2022, global inflation is projected to fall to 5.9% in 2024, reflecting promising inflation trends amid resilient global growth.