Which country in North America has the highest inflation?

Haiti has the highest inflation in North America: +28.6% a year (2025). Next come Honduras (+4.6% a year) and Jamaica (+4.0% a year).

Which country in North America has the lowest inflation?

Panama, with −0.2% a year (2025).

What is the typical inflation of a country in North America?

The median of the 22 countries in North America is +1.8% a year: half are above it, half below. The median, not the average, because a few countries at the top would drag an average far above almost everyone.

Where do the figures come from?

How much consumer prices rose over the year, from the consumer price index. Below zero, prices fell. Source: World Bank, mostly 2025. Only independent states are ranked; territories are listed separately. A country’s continent follows Natural Earth; the handful of island states it files under the open ocean are placed by their UN subregion.

Countries in North America by inflation

How much consumer prices rose over the year, from the consumer price index. Below zero, prices fell. 22 countries in North America, highest first. World Bank, mostly 2025

See it on the map

Map: Inflation — North America — **−1%+1%+5%+15%**No data

Highest

+28.6%

Haiti

Median country

+1.8%

half above, half below

Lowest

−0.2%

Panama

Countries in North America by inflation, World Bank, mostly 2025
#	Country	% a year	Year	Region
1	Haiti	+28.6%	2025	Caribbean
2	Honduras	+4.6%	2025	Central America
3	Jamaica	+4.0%	2025	Caribbean
4	Dominican Republic	+3.9%	2025	Caribbean
5	Mexico	+3.8%	2025	Central America
6	Saint Kitts and Nevis	+3.6%	2023	Caribbean
7	United States	+2.9%	2024	Northern America
8	Dominica	+2.5%	2025	Caribbean
=9	Canada	+2.1%	2025	Northern America
=9	Nicaragua	+2.1%	2025	Central America
11	Saint Lucia	+2.0%	2025	Caribbean
12	Guatemala	+1.5%	2025	Central America
13	Antigua and Barbuda	+1.4%	2025	Caribbean
14	Belize	+1.1%	2025	Central America
15	Trinidad and Tobago	+1.0%	2025	Caribbean
=16	Barbados	+0.8%	2025	Caribbean
=16	Saint Vincent and the Grenadines	+0.8%	2025	Caribbean
18	Grenada	+0.6%	2025	Caribbean
19	Bahamas	+0.4%	2024	Caribbean
20	El Salvador	+0.3%	2025	Central America
21	Costa Rica	−0.1%	2025	Central America
22	Panama	−0.2%	2025	Central America

No World Bank figure for Cuba.

Questions

Which country in North America has the highest inflation?: Haiti has the highest inflation in North America: +28.6% a year (2025). Next come Honduras (+4.6% a year) and Jamaica (+4.0% a year).
Which country in North America has the lowest inflation?: Panama, with −0.2% a year (2025).
What is the typical inflation of a country in North America?: The median of the 22 countries in North America is +1.8% a year: half are above it, half below. The median, not the average, because a few countries at the top would drag an average far above almost everyone.
Where do the figures come from?: How much consumer prices rose over the year, from the consumer price index. Below zero, prices fell. Source: World Bank, mostly 2025. Only independent states are ranked; territories are listed separately. A country’s continent follows Natural Earth; the handful of island states it files under the open ocean are placed by their UN subregion.

Source: World Bank (CC BY 4.0). Figures more than 5 years older than the newest are left out rather than shown beside current ones. Countries sharing a value share a rank. All sources.