How has the Iran war changed the global inflation outlook? Higher energy prices and supply chain disruptions have prompted forecasters to reassess their expectations for 2027. Explore our interactive map to see how FocusEconomics Consensus Forecasts for inflation have shifted since the conflict began, highlighting where price pressures are expected to be stronger—or weaker—than previously anticipated.
Since the Iran war broke out, 2027 inflation forecasts have risen in 162 of 191 economies
Change in the Consensus forecast for 2027 inflation since the war broke out, in percentage points. World: +0.41, to 3.35%.
191 economies · 162 revised up · 29 revised down
No data
Hover over or tap an economy for details. Select a colour in the legend to filter the map.
| Sudan | 45.81 | 90.90 | +45.09 |
|---|---|---|---|
| South Sudan | 12.80 | 29.45 | +16.65 |
| Venezuela | 150.64 | 166.49 | +15.84 |
| Iran | 33.56 | 46.64 | +13.09 |
| ArgentinaG20 | 15.53 | 22.98 | +7.45 |
| Malawi | 21.54 | 27.51 | +5.98 |
| Syria | 5.74 | 11.39 | +5.65 |
| Cuba | 12.50 | 17.90 | +5.39 |
| TurkeyG20 | 19.06 | 24.10 | +5.03 |
| Rwanda | 5.04 | 9.30 | +4.26 |
| Suriname | 6.35 | 9.00 | +2.66 |
| Mozambique | 5.11 | 7.62 | +2.52 |
| Libya | 2.08 | 4.48 | +2.40 |
| Kyrgyzstan | 5.74 | 7.97 | +2.23 |
| Sao Tome and Principe | 6.92 | 9.13 | +2.21 |
| Egypt | 8.56 | 10.54 | +1.98 |
| Afghanistan | 1.97 | 3.93 | +1.97 |
| Guinea | 4.39 | 6.00 | +1.61 |
| Ukraine | 6.31 | 7.92 | +1.61 |
| Tonga | 3.11 | 4.62 | +1.51 |
| Kosovo | 2.29 | 3.64 | +1.35 |
| Mongolia | 7.00 | 8.33 | +1.34 |
| West Bank and Gaza | 4.45 | 5.78 | +1.33 |
| Lebanon | 10.83 | 11.96 | +1.13 |
| Colombia | 4.40 | 5.46 | +1.07 |
| Bosnia and Herzegovina | 2.24 | 3.26 | +1.02 |
| Pakistan | 6.10 | 7.11 | +1.01 |
| Romania | 3.88 | 4.88 | +1.01 |
| Botswana | 4.23 | 5.22 | +0.98 |
| Bhutan | 3.65 | 4.62 | +0.97 |
| RussiaG20 | 4.55 | 5.50 | +0.95 |
| Montenegro | 2.46 | 3.39 | +0.93 |
| Myanmar | 15.32 | 16.26 | +0.93 |
| Philippines | 2.87 | 3.79 | +0.92 |
| Mauritania | 3.27 | 4.18 | +0.91 |
| North Macedonia | 2.51 | 3.40 | +0.89 |
| Latvia | 2.32 | 3.16 | +0.83 |
| Yemen | 13.45 | 14.28 | +0.83 |
| Bangladesh | 5.77 | 6.59 | +0.82 |
| Solomon Islands | 2.63 | 3.44 | +0.81 |
| Spain | 2.01 | 2.80 | +0.78 |
| Laos | 5.82 | 6.60 | +0.77 |
| Nigeria | 13.63 | 14.39 | +0.76 |
| Somalia | 2.86 | 3.62 | +0.76 |
| DR Congo | 6.89 | 7.64 | +0.74 |
| Moldova | 4.91 | 5.65 | +0.74 |
| Comoros | 2.16 | 2.89 | +0.73 |
| Bahamas | 1.51 | 2.22 | +0.71 |
| Maldives | 2.29 | 2.99 | +0.70 |
| Lithuania | 2.37 | 3.04 | +0.67 |
| Georgia | 3.20 | 3.84 | +0.64 |
| Belgium | 2.13 | 2.75 | +0.62 |
| Bulgaria | 2.77 | 3.38 | +0.61 |
| Mauritius | 3.35 | 3.96 | +0.61 |
| Ireland | 1.96 | 2.55 | +0.59 |
| Cameroon | 2.53 | 3.12 | +0.59 |
| Azerbaijan | 4.44 | 5.03 | +0.59 |
| Sierra Leone | 8.08 | 8.66 | +0.57 |
| Kazakhstan | 8.39 | 8.96 | +0.57 |
| Belize | 1.79 | 2.36 | +0.57 |
| Iraq | 2.54 | 3.10 | +0.56 |
| Portugal | 1.96 | 2.52 | +0.56 |
| Madagascar | 6.17 | 6.72 | +0.55 |
| Vanuatu | 2.63 | 3.16 | +0.53 |
| Andorra | 1.90 | 2.43 | +0.53 |
| Peru | 2.25 | 2.77 | +0.52 |
| Netherlands | 2.10 | 2.62 | +0.51 |
| Austria | 2.06 | 2.56 | +0.51 |
| San Marino | 2.00 | 2.50 | +0.50 |
| ItalyG20 | 1.80 | 2.30 | +0.50 |
| Nicaragua | 3.08 | 3.57 | +0.49 |
| Equatorial Guinea | 2.57 | 3.06 | +0.49 |
| Jamaica | 5.16 | 5.65 | +0.49 |
| Tajikistan | 4.46 | 4.95 | +0.49 |
| Iceland | 2.71 | 3.19 | +0.48 |
| United KingdomG20 | 2.18 | 2.66 | +0.48 |
| Greece | 2.18 | 2.64 | +0.47 |
| Guatemala | 3.15 | 3.61 | +0.46 |
| Cyprus | 1.97 | 2.43 | +0.46 |
| El Salvador | 1.48 | 1.94 | +0.46 |
| Czech Republic | 2.27 | 2.72 | +0.45 |
| Timor-Leste | 0.80 | 1.24 | +0.44 |
| BrazilG20 | 3.83 | 4.27 | +0.44 |
| Armenia | 3.39 | 3.82 | +0.43 |
| Congo | 2.80 | 3.22 | +0.42 |
| Norway | 2.23 | 2.64 | +0.41 |
| Kenya | 5.25 | 5.66 | +0.41 |
| Thailand | 1.06 | 1.47 | +0.41 |
| Ecuador | 1.68 | 2.08 | +0.40 |
| GermanyG20 | 2.09 | 2.49 | +0.40 |
| Slovenia | 2.24 | 2.63 | +0.39 |
| IndiaG20 | 4.18 | 4.57 | +0.39 |
| Oman | 1.38 | 1.76 | +0.38 |
| Mali | 2.07 | 2.45 | +0.37 |
| Bahrain | 1.48 | 1.85 | +0.37 |
| Senegal | 1.58 | 1.95 | +0.37 |
| Luxembourg | 1.93 | 2.30 | +0.36 |
| UAE | 1.79 | 2.14 | +0.36 |
| Poland | 2.77 | 3.12 | +0.35 |
| Chile | 3.06 | 3.40 | +0.34 |
| Côte d'Ivoire | 1.80 | 2.14 | +0.33 |
| Slovakia | 2.79 | 3.12 | +0.33 |
| Singapore | 1.60 | 1.93 | +0.32 |
| Tanzania | 4.05 | 4.36 | +0.32 |
| Malta | 1.97 | 2.29 | +0.32 |
| Puerto Rico | 1.79 | 2.10 | +0.31 |
| Nepal | 4.38 | 4.69 | +0.31 |
| AustraliaG20 | 2.65 | 2.96 | +0.31 |
| Gambia | 5.12 | 5.43 | +0.31 |
| Gabon | 1.99 | 2.29 | +0.31 |
| FranceG20 | 1.72 | 2.03 | +0.30 |
| KoreaG20 | 1.91 | 2.22 | +0.30 |
| Honduras | 4.04 | 4.33 | +0.30 |
| Croatia | 2.81 | 3.10 | +0.29 |
| Sri Lanka | 4.29 | 4.57 | +0.28 |
| South AfricaG20 | 3.45 | 3.73 | +0.28 |
| IndonesiaG20 | 2.66 | 2.93 | +0.27 |
| Cambodia | 2.78 | 3.05 | +0.26 |
| Chad | 2.91 | 3.17 | +0.26 |
| Samoa | 2.84 | 3.09 | +0.26 |
| Panama | 1.63 | 1.87 | +0.24 |
| Taiwan | 1.56 | 1.80 | +0.24 |
| Guyana | 4.37 | 4.59 | +0.23 |
| Vietnam | 3.54 | 3.76 | +0.22 |
| Benin | 1.65 | 1.87 | +0.22 |
| Finland | 1.88 | 2.10 | +0.22 |
| JapanG20 | 1.92 | 2.14 | +0.21 |
| Saudi ArabiaG20 | 1.76 | 1.97 | +0.21 |
| New Zealand | 2.11 | 2.32 | +0.21 |
| Serbia | 3.43 | 3.64 | +0.21 |
| Fiji | 2.80 | 3.01 | +0.21 |
| Guinea-Bissau | 1.67 | 1.88 | +0.21 |
| Algeria | 4.36 | 4.55 | +0.19 |
| Eritrea | 4.45 | 4.61 | +0.17 |
| Togo | 1.52 | 1.68 | +0.16 |
| Eswatini | 3.87 | 4.03 | +0.16 |
| Aruba | 1.92 | 2.07 | +0.15 |
| Costa Rica | 1.80 | 1.94 | +0.14 |
| Kuwait | 2.27 | 2.41 | +0.14 |
| Albania | 2.87 | 3.00 | +0.13 |
| Antigua and Barbuda | 2.16 | 2.29 | +0.13 |
| Namibia | 3.53 | 3.66 | +0.13 |
| Cabo Verde | 1.90 | 2.02 | +0.12 |
| Barbados | 2.03 | 2.15 | +0.12 |
| Hong Kong | 1.76 | 1.87 | +0.11 |
| MexicoG20 | 3.60 | 3.70 | +0.10 |
| CanadaG20 | 2.10 | 2.19 | +0.09 |
| Saint Vincent and the Grenadines | 2.03 | 2.11 | +0.09 |
| Macao | 1.45 | 1.53 | +0.08 |
| Uruguay | 4.55 | 4.61 | +0.06 |
| Uzbekistan | 6.32 | 6.38 | +0.06 |
| Estonia | 2.77 | 2.83 | +0.06 |
| Qatar | 1.99 | 2.05 | +0.06 |
| Papua New Guinea | 4.42 | 4.48 | +0.06 |
| Dominican Republic | 4.21 | 4.27 | +0.06 |
| ChinaG20 | 1.06 | 1.11 | +0.05 |
| Kiribati | 2.77 | 2.82 | +0.05 |
| United StatesG20 | 2.41 | 2.45 | +0.04 |
| Switzerland | 0.70 | 0.73 | +0.03 |
| Uganda | 4.64 | 4.67 | +0.03 |
| Ethiopia | 10.93 | 10.94 | +0.02 |
| Israel | 2.01 | 2.02 | +0.01 |
| Trinidad and Tobago | 1.91 | 1.90 | −0.01 |
| Malaysia | 2.00 | 1.98 | −0.02 |
| Brunei | 0.74 | 0.71 | −0.02 |
| Jordan | 2.03 | 2.00 | −0.03 |
| Grenada | 1.72 | 1.67 | −0.05 |
| Paraguay | 3.50 | 3.45 | −0.06 |
| Saint Kitts and Nevis | 2.03 | 1.97 | −0.06 |
| Morocco | 1.79 | 1.73 | −0.06 |
| Sweden | 1.78 | 1.72 | −0.06 |
| Saint Lucia | 2.05 | 1.94 | −0.10 |
| Denmark | 1.93 | 1.82 | −0.11 |
| Central African Republic | 2.08 | 1.96 | −0.11 |
| Dominica | 2.26 | 2.09 | −0.17 |
| Belarus | 5.17 | 4.99 | −0.17 |
| Niger | 2.93 | 2.75 | −0.18 |
| Burkina Faso | 1.92 | 1.73 | −0.19 |
| Lesotho | 4.36 | 4.16 | −0.20 |
| Turkmenistan | 6.31 | 6.10 | −0.20 |
| Djibouti | 1.77 | 1.48 | −0.29 |
| Tunisia | 5.83 | 5.52 | −0.31 |
| Seychelles | 2.22 | 1.86 | −0.36 |
| Hungary | 3.57 | 3.15 | −0.41 |
| Zambia | 7.98 | 7.55 | −0.43 |
| Liberia | 6.73 | 6.05 | −0.68 |
| Ghana | 8.80 | 7.52 | −1.28 |
| Bolivia | 13.40 | 11.43 | −1.97 |
| Angola | 12.73 | 10.44 | −2.29 |
| Haiti | 23.27 | 18.91 | −4.36 |
| Burundi | 16.03 | 10.15 | −5.88 |