5 Countries with the Highest Inflation Rates

2. Syrian Arab Republic

Latest Annualized Inflation Reading: 139%

The Syrian Arab Republic is a Western Asian country whose GDP was last recorded to be worth $136 billion in 2021 in purchasing power parity terms. The country devalued its currency by 50% in January 2023 to a rate that was still significantly below the black market rate for the U.S. dollar. Syria’s inflation reading of 139% was last made in 2020.