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10 nations with highest inflation

May 19, 2008

7. Uzbekistan: 19.8%

Uzbekistan is slowly moving from a somewhat closed to a market-based economy. The economic reforms have helped achieve some growth, but not nearly as much as the nation would ideally like to enjoy.

Also, lack of infrastructure, tight state control over the economy, occasional skirmishes with neighbouring nations, and an unstable political environment have seen inflation rise sharply here.

The nation's inflation rate is at 19.8% currently.

Image: Kosovar farmers work on their potato fields near the village of Kcic, Serbia. | Photograph: Armend Nimani/AFP/Getty Images

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