In the troubled Yugoslavia of the 1990s, inflation hit 50% a year.
- Hungary: August 1945 to July 1946.
- Zimbabwe: March 2007 to Mid-November 2008.
- Yugoslavia: April 1992 to January 1994.
- The Bottom Line.
Where does hyperinflation occur?
Hyperinflation refers to rapid and unrestrained price increases in an economy, typically at rates exceeding 50% each month over time. Hyperinflation can occur in times of war and economic turmoil in the underlying production economy, in conjunction with a central bank printing an excessive amount of money.
Which country has the worst hyperinflation?
The Post-World War II hyperinflation of Hungary held the record for the most extreme monthly inflation rate ever – 41.9 quadrillion percent (4.19 × 1016%; 41,900,000,000,000,000%) for July 1946, amounting to prices doubling every 15.3 hours.
