Top 20 Countries With The Highest Inflation Rate (1980-2026) | IMF Data - YouTube

In May 1977, the Likud party came to power, the first time in thirty years of Labor rule. The new prime minister Menachem Begin appointed Simha Erlich as the finance minister.

Erlich introduced an economic reform, aimed to change the character of the Israeli economy and transforming its socialist ideology characteristics to a more capitalist characteristics.

Following the economic measures taken, which were not accompanied by reduced government budgets, the inflation jumped from 34 percent in 1977 to 131 percent in 1980.

In Bolivia, there was a rapid expansion of money supply that got out of control very quickly, causing prices to increase quickly resulting in hyperinflation.

In the 1980s, the Nicaraguan economy faced massive macroeconomic disequilibria. Economic activity never recovered the large losses incurred during the 1979 revolution that brought the Sandinistas to power

Peru had hit hyperinflation. Monthly inflation rates afterwards hovered in between 23.05 percent and 48.64 percent. In July of 1990, the last month of the García administration, monthly inflation hit 63.23 percent.

The Democratic Republic of the Congo (DRC) experienced hyperinflation throughout the 1990s. For instance, from October 1990 to December 1995, the cumulative increase in prices was 6.3 billion percent, while the local currency underwent a free fall on the parallel foreign exchange market.

The government budget, perpetually in deficit from heavy military expenditures, price controls, and other non-productive spending, ballooned to 38 percent of GDP in 1992 and 32 percent of GDP in 1993.

The budget remained at 34 percent of GDP and the deficit alone reached 22 percent of GDP in 1994.

The deficit has been financed by increasing the money supply and resorting to very expensive, oil-backed, short-term lending from commercial banks. Shortages, price controls, hyperinflation, and continuing erosion of confidence in the national currency encourage parallel market activity and widespread dependence on barter or dollar transactions.

Nevertheless, the economic and financial problems confronting Bulgaria seemed insurmountable at first. Macroeconomic and structural setting. The depth of the macroeconomic crisis was daunting. On an annual basis, inflation had soared to almost 500 percent in January 1997 and surpassed 2,000 percent in March.

Hyperinflation in Zimbabwe was a period of currency instability in Zimbabwe that, using Cagan's definition of hyperinflation, began in February 2007. ... However, Zimbabwe's peak month of inflation is estimated at 79.6 billion percent month-on-month, 89.7 sextillion percent year-on-year in mid-November 2008.

n 2014, the annual inflation rate reached 69%, the highest in the world. In 2015, the inflation rate was 181%, again the highest in the world and the highest in the country's history at the time.The rate reached 800% in 2016, over 4,000% in 2017, and about 1,700,000% in 2018, and reaching 2,000,000%, with Venezuela spiraling into hyperinflation.