Hyperinflation is a scenario where the prices for goods and services rise rapidly and uncontrollably. There have been several episodes of hyperinflation throughout history, such as that which afflicted Weimar Germany in the 1920s, when the daily inflation rate was estimated to be 20.9 percent. The most severe case of hyperinflation, however, was estimated to be in Hungary in 1946, when the daily inflation rate was approximately 207 percent.
Equivalent daily inflation rate of the worst cases of hyperinflation worldwide from 1923 to 2022
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Cato Institute. (August 12, 2012). Equivalent daily inflation rate of the worst cases of hyperinflation worldwide from 1923 to 2022 [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1318198/historical-hyperinflation-daily-rates/
Cato Institute. "Equivalent daily inflation rate of the worst cases of hyperinflation worldwide from 1923 to 2022." Chart. August 12, 2012. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1318198/historical-hyperinflation-daily-rates/
Cato Institute. (2012). Equivalent daily inflation rate of the worst cases of hyperinflation worldwide from 1923 to 2022. Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1318198/historical-hyperinflation-daily-rates/
Cato Institute. "Equivalent Daily Inflation Rate of The Worst Cases of Hyperinflation Worldwide from 1923 to 2022." Statista, Statista Inc., 12 Aug 2012, https://www.statista.com/statistics/1318198/historical-hyperinflation-daily-rates/
Cato Institute, Equivalent daily inflation rate of the worst cases of hyperinflation worldwide from 1923 to 2022 Statista, https://www.statista.com/statistics/1318198/historical-hyperinflation-daily-rates/ (last visited October 30, 2024)
Equivalent daily inflation rate of the worst cases of hyperinflation worldwide from 1923 to 2022 [Graph], Cato Institute, August 12, 2012. [Online]. Available: https://www.statista.com/statistics/1318198/historical-hyperinflation-daily-rates/
