Nation | Period | Cumulative Inflation Rate (%) | Maximum Inflation Rate on a Monthly Basis (%) |
|---|---|---|---|
America | 1777–1780 | 2,702 | 1,342 |
Bolivia | 1984–1985 | 97,282 | 196 |
Peru | 1987–1992 | 17,991,287 | 1,031 |
Yugoslavia | 1993–1994 | 1.6 × 109 | 5 × 1015 |
Nicaragua | 1986–1991 | 1.2 × 1010 | 261 |
Greece | 1941–1944 | 1.60 × 1011 | 8.5 × 109 |
Germany | 1919–1923 | 0.5 × 1012 | 3,250,000 |
Zimbabwe | 2001–2008 | 8.53 × 1023 | 7.96 × 1010 |
Hungary | 1945–1946 | 1.3 × 1024 | 4.19 × 1016 |
Source: Fisher, Stanley, Ratna Sahay, and Carlos A. Vegh. 2002. Modern hyper- and high inflations. Journal of Economic Literature, American Economic Association 40(3): 837–880. Anderson, Robert B., William A. Bomberger, and Gail E. Makinen. 1988. The demand for money, the “reform effect,” and the money supply process in hyperinflation: The evidence from Greece and Hungary reexamined.” Journal of Money, Credit and Banking 20: 653–672, http://en.wikipedia.org/wiki/Hyperinflation, http://www.sjsu.edu/faculty/watkins/hyper.htm, and http://www.cato.org/zimbabwe. | |||