28 Countries Have Experienced Hyperinflation In The Last 25 Years

From the beginning of 1990 hyperinflation has occurred in 28 bth_hyperinflationcountries around the world on a total of 35 different occasions of which 17 occurred in 1992 alone. Currently, only Zimbabwe and Venezuela are plagued by hyperinflation.

When inflation exceeds 50% per month and lasts for at least 30 consecutive days it qualifies as hyperinflation.

For all the details check out Th Hanke-Krus World Hyperinflation Table which contains all 58 episodes of hyperinflation over the past 100 years, including several which had previously gone unreported. The table indicates the start and end dates of each episode, identifies the month of peak hyperinflation, and signifies the currency that was in circulation, as well as the method used to calculate inflation rates.

Below is an amended and abbreviated Hanke-Krus World Hyperinflation Table

Below is a chart of the current worldwide hyperinflation situation:

Triple-digit inflation has taken countries around the world by storm in 2018. Argentina, Iran, Turkey, Sudan, Yemen, and Zimbabwe currently have annualized inflation at the hundred and 111%, 187%, 38%, 127%, 27% and 170% and that’s not even mentioning the total destruction of the Bolivar in Venezuela. Source:

The above article has been slightly edited for length (…) and clarity ([ ]) by the editor of munKNEE.com (Your Key To Making Money!) to ensure a fast and easy read, with permission from the ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Beating Buffett 1 month ago Member's comment

Wow, very telling.