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INFLATION MONSTER ON THE LOOSE—STOP IT FAST! #inflation #datavisualization #barchartrace

Mr.Who?@datalovermonsters
#inflation #debtcrisis #barchartrace #economics #datavisualization
Extreme values ​​such as Venezuela's 2019 inflation (19906.0) are striking. High values ​​such as Türkiye's 2022 inflation (72.3) and Argentina's 2023 inflation (160.0) stand out. Forecasts for high-inflation countries such as Argentina, Venezuela and Turkey are uncertain. For example:
In Argentina, 150-200% for 2024,
In Venezuela, 200-500% can be expected due to hyperinflation.
Türkiye’s Inflation (2018–2024)
Year Inflation Rate (%) Key Events
2018 20.3 Currency crisis (TRY lost 30% vs USD)
2019 15.2 Recession + U.S. sanctions
2020 12.3 Pandemic shocks
2021 19.6 Lira crash (-44% vs USD)
2022 72.3 Erdoğan’s unorthodox rate cuts
2023 50.5 Post-election policy shifts
2024* 45.0* (projected) Tightening under new finance team
Sources: TÜİK (official), CBRT, IMF projections (*)
Türkiye is top 5 globally for high inflation, driven by policy choices and currency weakness. Recent austerity measures (2024) aim to curb it, but structural reforms are critical.

Sources:
IMF World Economic Outlook (April 2024 estimates),
OECD Economic Forecasts,
Country central bank reports.
These data are estimates and may change due to economic shocks (wars, natural disasters, political crises). For exact data, follow official institutions at the end of 2024-2025.
Key Notes:
IMF, World Bank, OECD, and country central banks (e.g., Egypt’s 2024 inflation projected at ~18% due to currency crisis).
Historical data gaps filled with estimates (e.g., Libya’s 1984-2000 data unreliable due to political instability).

Other High-Inflation Countries:
Egypt: 2024 projection ~18% (currency devaluation).
Pakistan: 2024 projection ~24% (economic crisis).
Argentina/Venezuela: Hyperinflation trends continue.
Ukraine: 2023 inflation was ~12% (war impact), 2024 projected ~10%.

Stable Economies:
Switzerland/Norway: 2024-2025 inflation ≤2.5%.
Australia/New Zealand: ~3% (moderate inflation).
Vietnam: Stable at ~3.5-4.0% (2024-2025)
Greece: 4.2% (2023) – Eurozone stability

Other Economies.
Bulgaria:
Fixed hyperinflation years (1997: 1,061.2% due to economic crisis).
2023: Updated to 9.0% (official data).
Hungary:
2023: Corrected to 17.6% (central bank report).
Indonesia:
1998: 58.4% (Asian Financial Crisis).
2024-2025: IMF projections (~3.0-2.8%).
Australia & New Zealand:
Stable inflation post-2000 (typically 1.5-3.5%).
2022 peaks due to COVID-19 disruptions.
Pakistan:
2023: 29.2% (economic crisis, currency devaluation).
2024: Projected 24.0% (high uncertainty).
Serbia:
Pre-2000s data unavailable (country was part of Yugoslavia).
2024-2025: Estimated 4.5-4.0%.
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