Pakistan - Inflation Rate 2024
12.63%
−16.55pp from 2023
Pakistan's inflation rate was 12.63% in 2024, decreased +16.55pp from 30.77% in 2023. This was the 170th highest globally.
Global Ranking - 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Iraq | -12.30% | -378.5% |
| 2nd | Afghanistan | -6.60% | 14.4% |
| 3rd | Barbados | -0.44% | -113.8% |
| 4th | Sri Lanka | -0.43% | -102.5% |
| 5th | Costa Rica | -0.41% | -178.6% |
| 6th | Brunei Darussalam | -0.39% | -208.9% |
| 7th | St. Lucia | -0.11% | -102.5% |
| 8th | China | 0.22% | -4.3% |
| 9th | Armenia | 0.27% | -86.6% |
| 10th | Seychelles | 0.31% | 132.8% |
| 11th | Bahamas, The | 0.41% | -86.6% |
| 12th | Trinidad and Tobago | 0.53% | -88.6% |
| 13th | Oman | 0.59% | -37.6% |
| 14th | Papua New Guinea | 0.60% | -73.8% |
| 15th | Panama | 0.69% | -53.3% |
| 16th | Lithuania | 0.72% | -91.8% |
| 17th | Macao SAR, China | 0.74% | -21.4% |
| 18th | Senegal | 0.80% | -86.5% |
| 19th | Cambodia | 0.81% | -62.1% |
| 20th | El Salvador | 0.85% | -78.9% |
| 21st | Bahrain | 0.92% | 1,126.2% |
| 22nd | Italy | 0.98% | -83.4% |
| 23rd | Morocco | 0.99% | -83.9% |
| 24th | St. Kitts and Nevis | 1.04% | -71.2% |
| 25th | Cabo Verde | 1.05% | -71.8% |
| 26th | Liechtenstein | 1.06% | -50.4% |
| 27th | Switzerland | 1.06% | -50.2% |
| 28th | Grenada | 1.09% | -60.0% |
| 29th | Georgia | 1.11% | -55.4% |
| 30th | Benin | 1.16% | -57.5% |
| 31st | Tuvalu | 1.17% | -83.8% |
| 32nd | Gabon | 1.17% | -67.7% |
| 33rd | Vanuatu | 1.20% | -89.3% |
| 34th | San Marino | 1.24% | -79.1% |
| 35th | Latvia | 1.27% | -86.0% |
| 36th | Qatar | 1.27% | -58.9% |
| 37th | Thailand | 1.37% | 11.1% |
| 38th | Denmark | 1.37% | -59.1% |
| 39th | Maldives | 1.40% | -46.3% |
| 40th | Central African Republic | 1.48% | -50.4% |
| 41st | Ecuador | 1.55% | -30.2% |
| 42nd | Jordan | 1.56% | -25.3% |
| 43rd | Finland | 1.57% | -63.9% |
| 44th | Kosovo | 1.62% | -67.2% |
| 45th | Malta | 1.65% | -70.3% |
| 46th | United Arab Emirates | 1.66% | 2.2% |
| 47th | Saudi Arabia | 1.69% | -27.5% |
| 48th | Bosnia and Herzegovina | 1.69% | -72.3% |
| 49th | Aruba | 1.71% | -49.1% |
| 50th | Hong Kong SAR, China | 1.73% | -17.5% |
| 51st | Rwanda | 1.77% | -87.4% |
| 52nd | Cyprus | 1.80% | -54.1% |
| 53rd | Malaysia | 1.83% | -26.3% |
| 54th | Slovenia | 1.97% | -73.6% |
| 55th | France | 2.00% | -64.7% |
| 56th | Peru | 2.01% | -68.0% |
| 57th | Puerto Rico (US) | 2.02% | -42.0% |
| 58th | Luxembourg | 2.05% | -29.9% |
| 59th | Timor-Leste | 2.06% | -75.5% |
| 60th | Djibouti | 2.08% | 43.5% |
| 61st | Ireland | 2.11% | -59.4% |
| 62nd | Libya | 2.13% | -10.4% |
| 63rd | Samoa | 2.17% | -81.9% |
| 64th | Indonesia | 2.18% | -41.2% |
| 65th | Azerbaijan | 2.21% | -74.8% |
| 66th | Albania | 2.22% | -53.5% |
| 67th | Palau | 2.23% | -82.0% |
| 68th | Germany | 2.26% | -62.6% |
| 69th | Korea | 2.32% | -35.5% |
| 70th | Canada | 2.38% | -38.7% |
| 71st | Singapore | 2.39% | -50.6% |
| 72nd | Portugal | 2.42% | -54.1% |
| 73rd | Czechia | 2.44% | -77.2% |
| 74th | European Union | 2.44% | -61.3% |
| 75th | Bulgaria | 2.45% | -71.5% |
| 76th | Kiribati | 2.46% | -73.5% |
| 77th | Mauritania | 2.49% | -49.7% |
| 78th | Dominica | 2.57% | -38.9% |
| 79th | Japan | 2.74% | -16.2% |
| 80th | Greece | 2.74% | -34.0% |
| 81st | Slovak Republic | 2.76% | -74.8% |
| 82nd | Bhutan | 2.76% | -39.1% |
| 83rd | Spain | 2.77% | -18.4% |
| 84th | Botswana | 2.82% | -45.1% |
| 85th | Sweden | 2.84% | -52.0% |
| 86th | Togo | 2.86% | -46.0% |
| 87th | Guatemala | 2.87% | -53.8% |
| 88th | Kuwait | 2.90% | -20.4% |
| 89th | Guyana | 2.90% | -35.8% |
| 90th | Equatorial Guinea | 2.92% | 21.6% |
| 91st | New Zealand | 2.92% | -49.0% |
| 92nd | Austria | 2.94% | -61.9% |
| 93rd | United States | 2.95% | -28.5% |
| 94th | Croatia | 2.97% | -64.6% |
| 95th | Tanzania | 3.06% | -19.5% |
| 96th | Andorra | 3.07% | -45.2% |
| 97th | Israel | 3.07% | -26.9% |
| 98th | Congo, Republic of | 3.09% | -28.3% |
| 99th | Belgium | 3.14% | 37.0% |
| 100th | Norway | 3.15% | -43.0% |
| 101st | Australia | 3.16% | -43.5% |
| 102nd | Tonga | 3.18% | -74.6% |
| 103rd | Mali | 3.21% | 55.7% |
| 104th | Philippines | 3.21% | -46.3% |
| 105th | United Kingdom | 3.27% | -55.2% |
| 106th | Belize | 3.29% | -25.2% |
| 107th | Dominican Republic | 3.30% | -31.0% |
| 108th | Uganda | 3.32% | -37.9% |
| 109th | Montenegro | 3.34% | -61.1% |
| 110th | Netherlands | 3.35% | -18.7% |
| 111th | Côte d'Ivoire | 3.45% | -22.2% |
| 112th | North Macedonia | 3.49% | -62.7% |
| 113th | Tajikistan | 3.51% | -4.0% |
| 114th | Estonia | 3.52% | -61.4% |
| 115th | Mauritius | 3.60% | -48.8% |
| 116th | Viet Nam | 3.62% | 11.3% |
| 117th | St. Vincent and the Grenadines | 3.63% | -20.5% |
| 118th | Hungary | 3.70% | -78.4% |
| 119th | Guinea-Bissau | 3.77% | -47.4% |
| 120th | Poland | 3.78% | -67.0% |
| 121st | Paraguay | 3.84% | -17.2% |
| 122nd | Eswatini | 4.03% | -18.5% |
| 123rd | Algeria | 4.05% | -56.6% |
| 124th | Mozambique | 4.08% | -41.7% |
| 125th | Burkina Faso | 4.19% | 344.9% |
| 126th | Namibia | 4.24% | -27.9% |
| 127th | Chile | 4.30% | -43.3% |
| 128th | Solomon Islands | 4.32% | -15.1% |
| 129th | South Africa | 4.36% | -26.1% |
| 130th | Brazil | 4.37% | -4.9% |
| 131st | Kenya | 4.49% | -41.5% |
| 132nd | Fiji | 4.51% | 92.5% |
| 133rd | Cameroon | 4.53% | -38.6% |
| 134th | Turkmenistan | 4.58% | 388.4% |
| 135th | Honduras | 4.61% | -30.9% |
| 136th | Nicaragua | 4.62% | -45.2% |
| 137th | Serbia | 4.67% | -62.2% |
| 138th | Moldova | 4.68% | -65.2% |
| 139th | Nepal | 4.69% | -39.4% |
| 140th | Mexico | 4.72% | -14.5% |
| 141st | Uruguay | 4.85% | -17.3% |
| 142nd | India | 4.95% | -7.6% |
| 143rd | Kyrgyz Republic | 5.02% | -53.5% |
| 144th | Comoros | 5.05% | -40.4% |
| 145th | Bolivia, Plurinational State of | 5.10% | 97.9% |
| 146th | Marshall Islands | 5.20% | -30.1% |
| 147th | Jamaica | 5.41% | -16.4% |
| 148th | Micronesia, Federated States of | 5.44% | -12.4% |
| 149th | Somalia, Fed. Rep. | 5.53% | -10.4% |
| 150th | Romania | 5.72% | -45.0% |
| 151st | Belarus | 5.79% | 15.3% |
| 152nd | Iceland | 5.86% | -33.0% |
| 153rd | Lesotho | 6.11% | -6.2% |
| 154th | Antigua and Barbuda | 6.20% | 22.3% |
| 155th | Mongolia | 6.21% | -40.1% |
| 156th | Ukraine | 6.50% | -49.4% |
| 157th | Colombia | 6.61% | -43.7% |
| 158th | Tunisia | 7.21% | -22.7% |
| 159th | Madagascar | 7.64% | -22.5% |
| 160th | Guinea | 8.12% | 49.5% |
| 161st | Liberia | 8.21% | -18.6% |
| 162nd | Russian Federation | 8.43% | 44.0% |
| 163rd | Kazakhstan | 8.84% | -39.1% |
| 164th | Chad | 8.90% | 286.9% |
| 165th | Niger | 9.07% | 145.4% |
| 166th | Nauru | 9.27% | 93.9% |
| 167th | Uzbekistan | 9.63% | -3.3% |
| 168th | Bangladesh | 10.47% | 16.1% |
| 169th | Gambia, The | 11.56% | -31.9% |
| 170th | Pakistan | 12.63% | -56.7% |
| 171st | São Tomé and Principe | 14.35% | -32.3% |
| 172nd | Zambia | 14.99% | 37.7% |
| 173rd | Suriname | 16.23% | -68.5% |
| 174th | Congo, Democratic Republic of | 17.65% | -11.3% |
| 175th | Burundi | 20.21% | -25.4% |
| 176th | Ghana | 22.85% | -41.7% |
| 177th | Lao PDR | 23.13% | -25.9% |
| 178th | Myanmar | 26.50% | 4.0% |
| 179th | Haiti | 26.95% | -38.9% |
| 180th | Angola | 28.24% | 107.1% |
| 181st | Egypt, Arab Republic of | 28.27% | 15.9% |
| 182nd | Sierra Leone | 28.63% | -40.0% |
| 183rd | Malawi | 32.18% | 11.7% |
| 184th | Iran, Islamic Republic of | 32.46% | -20.2% |
| 185th | Nigeria | 33.24% | 34.8% |
| 186th | Yemen, Republic of | 33.92% | 3,853.1% |
| 187th | Lebanon | 45.24% | -79.6% |
| 188th | West Bank and Gaza | 53.67% | 814.0% |
| 189th | Türkiye | 58.51% | 8.6% |
| 190th | South Sudan | 91.44% | 130.5% |
| 191st | Sudan | 185.68% | 140.4% |
| 192nd | Argentina | 219.88% | 64.7% |
| 193rd | Zimbabwe | 736.11% | 10.3% |
FAQ
What was Pakistan's inflation rate in 2024?▾
Pakistan's inflation rate in 2024 was 12.63%. This ranked 170th globally.
How did Pakistan's inflation rate change in 2024?▾
Pakistan's inflation rate decreased by 56.7% in 2024 compared to 2023.
Which country had the highest inflation rate in 2024?▾
Zimbabwe had the highest inflation rate in 2024 at 736.11%.
What is the inflation rate of Pakistan in 2024?▾
The inflation rate of Pakistan in 2024 was 12.63%. This ranked 170th globally.
How does 2024 compare to 2023 for Pakistan's inflation rate?▾
Pakistan's inflation rate went from 30.77% in 2023 to 12.63% in 2024, a 56.7% decrease.
HistorySaid - pattern alert
Pakistan matched the Export Boom Cycle pattern in 2024. Historically: 768 occurrences, 546 successful (71%). View full analysis →
Related
2023
2025
All years
Full ranking 2024
Consumer Price Index
PPP Conversion Factor
Peak: 2023
Lowest: 1962
Inflation Rate 1990s
Inflation Rate 2000s
Inflation Rate 2010s
Inflation Rate 2020s
Highest ever
Lowest ever
Average
vs Guinea
vs Tajikistan
vs Comoros
vs Benin
Shanghai Cooperation Organisation Inflation Rate
Organisation of Islamic Cooperation Inflation Rate
Global Ranking