5 Countries With Lowest Inflation Rates In The World

4. Kingdom of Thailand

Latest Inflation Estimate: 0.53%

The Kingdom of Thailand is an Asian country. Its inflation of 0.53% in May 2023 beat estimates by a wide margin and stood at a 21 month low. The Thai economy is worth $574 billion and it is one of the biggest hubs of global tourism. The country also exports large amounts of agricultural products such as rice and sugar as well as manufactured products.