Based on the IMF’s World Economic Outlook data, Kazakhstan ranks 18th with projected inflation of 10.7 percent, while Kyrgyzstan is 19th with an expected rate of 10.6 percent.

Among post-Soviet countries, the two republics are expected to record the highest consumer price growth rates in 2026.

Uzbekistan’s projected inflation rate stands at 7 percent. Belarus and Moldova are expected to post inflation of 6.4 percent, Ukraine 6.1 percent, and Azerbaijan 6 percent.

Russia’s inflation forecast is 5.6 percent, Georgia’s 4.4 percent, Tajikistan’s 4 percent, Turkmenistan’s 3.9 percent, and Armenia’s 3.6 percent.

Venezuela remains the global leader in expected inflation, with the rate projected at 387.4 percent. Costa Rica is listed as the only country expected to experience deflation.

The IMF data reflects projected consumer price trends and is used to assess macroeconomic conditions, inflationary pressure, and the resilience of national economies.