Development of inflation rates in Iraq
The inflation rate in Germany moved over the past years between -16.1% and 448.5%. For 2015, an inflation rate of 1.4% was calculated.
During the observation period from 1991 to 2015, the average inflation rate was 65.1%
per year. Overall, the price increase was 387,694.52 %. An item that cost 100 Dinar in 1990 was 2015 so charged 387,794.52 Dinar.
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Iraq