Global Inflation Rates By Country 2024.  — 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. In economic terms, inflation is the rate at which the general prices for goods and services rise in a given country.

 — countries experiencing conflict, upheaval or major economic problems in 2022 are expected to see inflation rates far above the global average of 8.8 percent.  — 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.