Countries in North America Ranked by Inflation rate (2025)
Inflation rate: each country's latest value (2020–2025), ranked from highest to lowest. Source: The World Bank (CC BY 4.0).
Summary
Haiti ranks #1 with 28.6% per year (consumer prices). That is 6.2 times Honduras in second place (4.6% per year (consumer prices)). The top five are Haiti, Honduras, Jamaica, Dominican Republic and Mexico. The median across all 22 is 1.76% per year (consumer prices); Panama is last at -0.188% per year (consumer prices). Haiti's figure has risen 115% since 2001 (13.3% per year (consumer prices) to 28.6% per year (consumer prices) in 2025).
- #1
- Haiti · 28.6% per year (consumer prices)
- Median
- 1.76% per year (consumer prices)
- Coverage
- 22 countries in North America
- Data year
- 2025
- Last updated
- 2026-11-14
Full ranking
| Rank | Country | Inflation rate (% per year (consumer prices)) | Year |
|---|---|---|---|
| 1 | Haiti | 28.6 | 2025 |
| 2 | Honduras | 4.6 | 2025 |
| 3 | Jamaica | 4 | 2025 |
| 4 | Dominican Republic | 3.87 | 2025 |
| 5 | Mexico | 3.81 | 2025 |
| 6 | St. Kitts and Nevis | 3.56 | 2023 |
| 7 | United States | 2.95 | 2024 |
| 8 | Dominica | 2.53 | 2025 |
| 9 | Nicaragua | 2.08 | 2025 |
| 10 | Canada | 2.07 | 2025 |
| 11 | St. Lucia | 2.03 | 2025 |
| 12 | Guatemala | 1.49 | 2025 |
| 13 | Antigua and Barbuda | 1.37 | 2025 |
| 14 | Bahamas, The | 1.11 | 2025 |
| 15 | Belize | 1.06 | 2025 |
| 16 | Trinidad and Tobago | 0.994 | 2025 |
| 17 | Barbados | 0.847 | 2025 |
| 18 | St. Vincent and the Grenadines | 0.815 | 2025 |
| 19 | Grenada | 0.61 | 2025 |
| 20 | El Salvador | 0.258 | 2025 |
| 21 | Costa Rica | -0.074 | 2025 |
| 22 | Panama | -0.188 | 2025 |
About the top 10
#1 Haiti
Haiti ranks #1 on this list with 28.6% per year (consumer prices).
- Capital
- Port-au-Prince
- Continent
- North America
- Income group
- Lower middle income
- Population
- 11.91 million people (2025)
- GDP
- US$32.08 billion (2025)
- GDP per person
- US$2,694 (2025)
- Life expectancy
- 65.1 years (2024)
- Urban population
- 55.6% of population (2025)
Also ranks #2 in prevalence of undernourishment · #4 in time to start a business (days) · #7 in homicide rate.
#2 Honduras
Honduras ranks #2 on this list with 4.6% per year (consumer prices).
- Capital
- Tegucigalpa
- Continent
- North America
- Income group
- Lower middle income
- Population
- 11.01 million people (2025)
- GDP
- US$39.6 billion (2025)
- GDP per person
- US$3,598 (2025)
- Life expectancy
- 73 years (2024)
- Urban population
- 59.3% of population (2025)
Largest cities: Tegucigalpa.
Also ranks #6 in deposit interest rate · #10 in gini index · #11 in homicide rate.
#3 Jamaica
Jamaica ranks #3 on this list with 4% per year (consumer prices).
- Capital
- Kingston
- Continent
- North America
- Income group
- Upper middle income
- Population
- 2.84 million people (2025)
- GDP
- US$22.71 billion (2025)
- GDP per person
- US$8,003 (2025)
- Life expectancy
- 71.6 years (2024)
- Urban population
- 59.4% of population (2025)
Also ranks #3 in debt service share of exports · #4 in homicide rate · #6 in immunisation (dpt) rate.
#4 Dominican Republic
Dominican Republic ranks #4 on this list with 3.87% per year (consumer prices).
- Capital
- Santo Domingo
- Continent
- North America
- Income group
- Upper middle income
- Population
- 11.52 million people (2025)
- GDP
- US$127.41 billion (2025)
- GDP per person
- US$11,059 (2025)
- Life expectancy
- 73.9 years (2024)
- Urban population
- 72.5% of population (2025)
Largest cities: Santo Domingo.
Also ranks #4 in crop production index · #14 in deposit interest rate · #19 in remittances received.
#5 Mexico
Mexico ranks #5 on this list with 3.81% per year (consumer prices).
- Capital
- Mexico City
- Continent
- North America
- Income group
- Upper middle income
- Population
- 131.95 million people (2025)
- GDP
- US$1.83 trillion (2025)
- GDP per person
- US$13,889 (2025)
- Life expectancy
- 75.3 years (2024)
- Urban population
- 80% of population (2025)
Largest cities: Greater Mexico City, Mexico City, Tijuana.
Also ranks #2 in remittances received · #3 in tourism arrivals · #4 in external debt stocks.
#6 St. Kitts and Nevis
St. Kitts and Nevis ranks #6 on this list with 3.56% per year (consumer prices) (2023).
- Capital
- Basseterre
- Continent
- North America
- Income group
- High income
- Population
- 46,922 people (2025)
- GDP
- US$1.18 billion (2025)
- GDP per person
- US$25,223 (2025)
- Life expectancy
- 72.3 years (2024)
- Urban population
- 31.9% of population (2025)
Also ranks #2 in homicide rate · #3 in completion rate (primary) · #3 in completion rate (lower secondary).
#7 United States
United States ranks #7 on this list with 2.95% per year (consumer prices) (2024).
- Capital
- Washington, D.C.
- Continent
- North America
- Income group
- High income
- Population
- 341.78 million people (2025)
- GDP
- US$30.77 trillion (2025)
- GDP per person
- US$90,027 (2025)
- Life expectancy
- 78.9 years (2024)
- Urban population
- 80.2% of population (2025)
Largest cities: New York metropolitan area, New York City, Chicago.
Also ranks #1 in gdp (current us$) · #1 in health expenditure per capita · #1 in imports of goods and services.
#8 Dominica
Dominica ranks #8 on this list with 2.53% per year (consumer prices).
- Capital
- Roseau
- Continent
- North America
- Income group
- Upper middle income
- Population
- 65,871 people (2025)
- GDP
- US$723.86 million (2025)
- GDP per person
- US$10,989 (2025)
- Life expectancy
- 71.3 years (2024)
- Urban population
- 74% of population (2025)
Also ranks #9 in forest area share · #9 in political stability score · #13 in homicide rate.
#9 Nicaragua
Nicaragua ranks #9 on this list with 2.08% per year (consumer prices).
- Capital
- Managua
- Continent
- North America
- Income group
- Lower middle income
- Population
- 7.01 million people (2025)
- GDP
- US$22.24 billion (2025)
- GDP per person
- US$3,173 (2025)
- Life expectancy
- 75.1 years (2024)
- Urban population
- 59.4% of population (2025)
Also ranks #3 in women in parliament share · #3 in women in ministerial positions share · #28 in homicide rate.
#10 Canada
Canada ranks #10 on this list with 2.07% per year (consumer prices).
- Capital
- Ottawa
- Continent
- North America
- Income group
- High income
- Population
- 41.65 million people (2025)
- GDP
- US$2.32 trillion (2025)
- GDP per person
- US$55,698 (2025)
- Life expectancy
- 82.1 years (2024)
- Urban population
- 82.9% of population (2025)
Largest cities: Toronto, Montreal, Calgary.
Also ranks #2 in surface area · #3 in forest area · #4 in land area.
Profile facts: World Bank (CC BY 4.0) and Wikidata (CC0); weather links go to Purr Weather, another ChowChow Labs site.
Source and method
Inflation rate: each country's latest value (2020–2025), ranked from highest to lowest.
Source: The World Bank, indicator FP.CPI.TOTL.ZG. Licence: CC BY 4.0. Retrieved: 2026-11-14.
The World Bank: Inflation, consumer prices (annual %): International Financial Statistics database, International Monetary Fund (IMF) (via World Development Indicators)
Original data provider, as recorded by the World Bank: International Financial Statistics database, International Monetary Fund (IMF).
Values are shown as published. Provider terms: The World Bank. All licences: Sources & licences.