Country (annual rate of inflation in 2017 in percent)

Inflation

• Over the last few months, BBC Future Now has been examining some of the biggest problems humankind faces right now: land use to accommodate exploding populations, the future of nuclear energy, the chasm between rich and poor – and much more.

• Inflation is defined as the rate of change in the prices of everything from a bar of ivory soap to the cost of an eye exam.

• The countries listed below were experiencing the highest rates of inflation in the world in 2017 according to data from the IMF. Top of the pile was Venezuela which is suffering from hyper-inflation, collapsing output and a steep increase in extreme poverty. The social fabric of the country is deteriorating fast and there is a significant brain drain of people looking for a better life for themselves and their families.

• Country (annual rate of inflation in 2017 in percent)
• Venezuela 1,087%
• South Sudan 187%
• Democratic Republic of the Congo 41%
• Sudan 32%
• Angola 29%
• Libya 28%
• Argentina 25%
• Yemen 24%

• Egypt 23%
• Suriname 22%
• Nigeria 16.5%
• Mozambique 15%
• Haiti 14%
• Ukraine 14%
• Azerbaijan 13%
• Uzbekistan 12%
• Ghana 12%