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Prices & public finance · World Bank income group
Prices & public finance in lower-middle-income countries: how the countries rank
Inflation, interest rates, exchange rates, public debt and the reach of the state. 13 indicators for the 47 economies in the lower-middle income group, ranked within the group; the group figure is the World Bank aggregate.
Inflation3.6%group, 2025 · world 3.0%GDP deflator5.0%group, 2025 · world 3.3%Lending rate10.9%median countryReal interest rate5.1%median countryExchange rate120.32median countryTax revenue12.1%group, 2018 · world 13.9%Government revenue14.2%group, 2018 · world 24.0%Government expense15.7%group, 2018 · world 28.5%
Inflation
lower-middle-income countriesWorldlow-income countriesupper-middle-income countrieshigh-income countries
GDP deflator
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countries
All 47 economies, prices & public finance
Latest value and rank within the group (small figure). Click a column to sort; the country name opens its prices & public finance profile.
47 shown
| Country | Inflation | GDP deflator | Lending rate | Real interest rate | Exchange rate | Tax revenue | Government revenue | Government expense |
|---|---|---|---|---|---|---|---|---|
| Zimbabwe | 104.7%#1 · 2022 | 83.1%#2 · 2025 | 46.4%#1 · 2025 | -20.1%#35 · 2025 | 26.60#30 · 2025 | — | — | — |
| Haiti | 28.6%#2 · 2025 | 34.4%#4 · 2025 | 13.0%#15 · 2025 | -15.9%#34 · 2025 | 130.63#20 · 2025 | — | — | — |
| Nigeria | 23.0%#3 · 2025 | 13.9%#9 · 2025 | 18.5%#9 · 2025 | 4.0%#23 · 2025 | 1,518.38#7 · 2025 | — | — | — |
| Angola | 20.2%#4 · 2025 | 20.5%#6 · 2025 | 19.4%#7 · 2025 | -0.9%#28 · 2025 | 911.99#9 · 2025 | 7.6%#29 · 2024 | 18.2%#19 · 2024 | 14.6%#25 · 2019 |
| Bolivia | 19.5%#5 · 2025 | 19.9%#7 · 2025 | 10.2%#22 · 2025 | -8.1%#33 · 2025 | 6.91#41 · 2025 | — | — | — |
| Lebanon | 14.6%#6 · 2025 | 45.2%#3 · 2024 | 10.5%#20 · 2019 | 6.2%#14 · 2019 | 89,500.00#1 · 2025 | 11.1%#25 · 2024 | 13.5%#29 · 2024 | 6.3%#33 · 2021 |
| Ghana | 14.2%#7 · 2025 | 14.4%#8 · 2025 | — | — | 12.56#37 · 2025 | 12.4%#19 · 2023 | 15.0%#23 · 2023 | 22.7%#16 · 2022 |
| Egypt | 14.1%#8 · 2025 | 25.0%#5 · 2025 | 24.3%#2 · 2024 | -7.0%#32 · 2024 | 49.23#27 · 2025 | — | — | — |
| Zambia | 13.9%#9 · 2025 | 5.6%#21 · 2025 | 9.5%#23 · 2020 | -3.9%#31 · 2020 | 25.28#32 · 2025 | 18.8%#10 · 2024 | 23.4%#11 · 2024 | 25.1%#10 · 2021 |
| São Tomé and Príncipe | 11.0%#10 · 2025 | 11.9%#12 · 2025 | 17.7%#10 · 2025 | 5.2%#18 · 2025 | 21.75#33 · 2025 | — | — | — |
| West Bank and Gaza | 9.8%#11 · 2025 | 2.7%#38 · 2025 | 5.6%#32 · 2021 | -3.1%#30 · 2021 | — | — | — | 26.2%#9 · 2021 |
| Uzbekistan | 8.8%#12 · 2025 | 11.9%#13 · 2025 | 23.1%#4 · 2024 | 7.9%#11 · 2024 | 12,579.39#3 · 2025 | 11.0%#26 · 2023 | 19.4%#16 · 2023 | 22.3%#17 · 2023 |
| Bangladesh | 8.8%#13 · 2025 | 6.5%#18 · 2025 | 8.6%#26 · 2025 | 2.0%#25 · 2025 | 121.92#22 · 2025 | 7.6%#28 · 2021 | 9.5%#31 · 2021 | 8.3%#32 · 2021 |
| Kyrgyzstan | 8.2%#14 · 2025 | 12.4%#11 · 2025 | 19.8%#6 · 2024 | 12.6%#5 · 2024 | 87.36#24 · 2025 | 19.6%#8 · 2024 | 30.4%#5 · 2024 | 23.7%#14 · 2023 |
| Laos | 7.7%#15 · 2025 | 7.5%#16 · 2025 | — | — | 20,444.14#2 · 2025 | 12.1%#23 · 2022 | 13.9%#26 · 2022 | 10.3%#31 · 2022 |
| Kiribati | 6.5%#16 · 2025 | 0.0%#44 · 2025 | — | — | 1.55#44 · 2025 | 17.5%#11 · 2023 | 80.2%#1 · 2023 | 83.7%#1 · 2023 |
| Tunisia | 5.2%#17 · 2025 | 5.2%#22 · 2025 | — | — | 3.00#43 · 2025 | — | — | — |
| Honduras | 4.6%#18 · 2025 | 8.0%#14 · 2025 | 18.6%#8 · 2025 | 9.8%#6 · 2025 | 25.95#31 · 2025 | 15.1%#14 · 2020 | 22.2%#12 · 2020 | 24.4%#12 · 2020 |
| Papua New Guinea | 4.4%#19 · 2025 | 6.9%#17 · 2025 | 8.3%#29 · 2024 | 4.9%#20 · 2024 | 4.12#42 · 2025 | 15.5%#13 · 2024 | 16.6%#20 · 2024 | 20.3%#18 · 2023 |
| Lesotho | 4.3%#20 · 2025 | 3.0%#36 · 2025 | 11.2%#17 · 2024 | 4.9%#19 · 2024 | 17.89#35 · 2025 | 35.4%#1 · 2024 | 42.0%#3 · 2024 | 40.2%#3 · 2022 |
| Kenya | 4.1%#21 · 2025 | 3.5%#29 · 2025 | 16.6%#13 · 2024 | 13.0%#4 · 2024 | 129.30#21 · 2025 | 14.1%#15 · 2023 | 18.6%#18 · 2023 | 27.8%#6 · 2023 |
| Guinea | 3.6%#22 · 2025 | 6.2%#19 · 2025 | — | — | 9,565.08#4 · 2020 | — | — | — |
| Bhutan | 3.6%#23 · 2025 | 3.2%#34 · 2025 | 11.8%#16 · 2025 | 8.3%#10 · 2025 | 87.16#25 · 2025 | 12.3%#20 · 2020 | 20.0%#15 · 2020 | 24.1%#13 · 2020 |
| Pakistan | 3.5%#24 · 2025 | 4.3%#28 · 2025 | 8.7%#25 · 2021 | -1.5%#29 · 2021 | 281.14#17 · 2025 | — | — | — |
| Namibia | 3.5%#25 · 2025 | 6.1%#20 · 2025 | 11.0%#18 · 2024 | 6.4%#13 · 2024 | 17.89#36 · 2025 | 33.9%#2 · 2024 | 35.6%#4 · 2024 | 36.2%#4 · 2023 |
| Cameroon | 3.4%#26 · 2025 | 2.8%#37 · 2025 | — | — | 581.93#11 · 2025 | 11.3%#24 · 2021 | 13.7%#28 · 2021 | 12.4%#29 · 2021 |
| Tajikistan | 3.4%#27 · 2025 | 4.8%#25 · 2025 | 23.5%#3 · 2019 | 19.2%#1 · 2019 | 10.02#38 · 2025 | 10.7%#27 · 2024 | 18.7%#17 · 2024 | 11.0%#30 · 2023 |
| Solomon Islands | 3.4%#28 · 2025 | 5.0%#24 · 2025 | 5.2%#36 · 2021 | 5.8%#16 · 2021 | 8.33#40 · 2025 | 23.3%#4 · 2024 | 25.4%#7 · 2024 | 28.9%#5 · 2022 |
| Tanzania | 3.3%#29 · 2025 | 5.1%#23 · 2025 | 16.7%#12 · 2020 | 9.6%#7 · 2020 | 2,597.90#6 · 2024 | 12.3%#21 · 2024 | 14.0%#25 · 2024 | 16.3%#21 · 2024 |
| Comoros | 3.2%#30 · 2025 | 4.3%#27 · 2025 | 8.0%#30 · 2022 | 0.0%#27 · 2022 | 435.38#16 · 2025 | — | — | — |
| Nepal | 2.7%#31 · 2025 | 3.1%#35 · 2025 | — | — | 139.12#19 · 2025 | 13.9%#16 · 2023 | 16.5%#21 · 2023 | 19.4%#19 · 2021 |
| Republic of the Congo | 2.4%#32 · 2025 | -3.4%#46 · 2025 | — | — | 581.93#13 · 2025 | 6.5%#31 · 2021 | 20.1%#14 · 2021 | 16.1%#23 · 2021 |
| India | 2.4%#33 · 2025 | 1.0%#42 · 2025 | 8.6%#27 · 2022 | 5.6%#17 · 2022 | 87.16#26 · 2025 | 6.9%#30 · 2022 | 9.4%#32 · 2022 | 13.7%#27 · 2022 |
| Cambodia | 2.4%#34 · 2025 | 3.5%#31 · 2025 | — | — | 4,013.43#5 · 2025 | 12.2%#22 · 2023 | 13.8%#27 · 2023 | 12.9%#28 · 2023 |
| Nicaragua | 2.1%#35 · 2025 | 7.6%#15 · 2025 | 9.2%#24 · 2025 | 1.4%#26 · 2025 | 36.62#28 · 2025 | 20.1%#7 · 2024 | 21.5%#13 · 2024 | 16.3%#22 · 2023 |
| Mauritania | 1.5%#36 · 2025 | 3.4%#32 · 2025 | 17.0%#11 · 2017 | 15.2%#3 · 2017 | 36.49#29 · 2023 | — | — | — |
| Senegal | 1.5%#37 · 2025 | 3.5%#30 · 2025 | 5.3%#34 · 2016 | 4.3%#22 · 2016 | 581.93#14 · 2025 | 19.5%#9 · 2023 | 24.2%#9 · 2023 | 23.6%#15 · 2023 |
| Benin | 1.1%#38 · 2025 | 1.6%#41 · 2025 | 6.2%#31 · 2021 | 4.6%#21 · 2021 | 581.93#10 · 2025 | — | — | — |
| Morocco | 0.7%#39 · 2025 | 2.1%#40 · 2025 | — | — | 9.35#39 · 2025 | 22.7%#5 · 2024 | 25.7%#6 · 2024 | 26.6%#8 · 2023 |
| Vanuatu | 0.7%#40 · 2025 | 2.2%#39 · 2025 | 8.4%#28 · 2025 | 6.1%#15 · 2025 | 120.32#23 · 2025 | 16.5%#12 · 2023 | 24.2%#10 · 2023 | 26.6%#7 · 2023 |
| Togo | 0.4%#41 · 2025 | 0.8%#43 · 2025 | 5.3%#35 · 2016 | 3.8%#24 · 2016 | 581.93#15 · 2025 | 13.9%#17 · 2023 | 15.7%#22 · 2023 | 16.0%#24 · 2023 |
| Timor-Leste | 0.4%#42 · 2025 | -4.7%#47 · 2025 | 10.4%#21 · 2025 | 15.8%#2 · 2025 | 1.00#45 · 2025 | 21.6%#6 · 2022 | 51.5%#2 · 2022 | 52.5%#2 · 2022 |
| Côte d'Ivoire | 0.1%#43 · 2025 | 3.2%#33 · 2025 | 5.3%#33 · 2016 | 6.6%#12 · 2016 | 581.93#12 · 2025 | 13.0%#18 · 2023 | 13.4%#30 · 2023 | 17.9%#20 · 2023 |
| Djibouti | -0.3%#44 · 2025 | 4.6%#26 · 2025 | — | — | 177.72#18 · 2025 | — | — | — |
| Eswatini | — | -0.4%#45 · 2025 | 10.9%#19 · 2024 | 9.5%#8 · 2024 | 17.89#34 · 2025 | 24.3%#3 · 2021 | 25.1%#8 · 2021 | 24.6%#11 · 2021 |
| Myanmar | — | 12.5%#10 · 2025 | 14.8%#14 · 2020 | 9.0%#9 · 2020 | 1,381.62#8 · 2020 | 6.0%#32 · 2019 | 14.4%#24 · 2019 | 13.8%#26 · 2019 |
| Venezuela | — | 227.1%#1 · 2025 | 21.1%#5 · 2017 | -89.5%#36 · 2017 | — | — | — | — |
Source: World Bank, World Development Indicators (CC BY 4.0)Ranks count group members with a value in the recent window.
within the group
Highest and lowest, indicator by indicator
Inflation44 countries
Lowest
- 44Djibouti-0.3%2025
- 43Côte d'Ivoire0.1%2025
- 42Timor-Leste0.4%2025
Median country 3.6% · group 3.6%
GDP deflator47 countries
Lowest
- 47Timor-Leste-4.7%2025
- 46Republic of the Congo-3.4%2025
- 45Eswatini-0.4%2025
Median country 5.0% · group 5.0%
Lending rate36 countries
- 1Zimbabwe46.4%2025
- 2Egypt24.3%2024
- 3Tajikistan23.5%2019
Lowest
- 36Solomon Islands5.2%2021
- 35Togo5.3%2016
- 34Senegal5.3%2016
Median country 10.9%
Real interest rate36 countries
- 1Tajikistan19.2%2019
- 2Timor-Leste15.8%2025
- 3Mauritania15.2%2017
Median country 5.1%
Exchange rate45 countries
- 1Lebanon89,500.002025
- 2Laos20,444.142025
- 3Uzbekistan12,579.392025
Lowest
- 45Timor-Leste1.002025
- 44Kiribati1.552025
- 43Tunisia3.002025
Median country 120.32
Tax revenue32 countries
Lowest
- 32Myanmar6.0%2019
- 31Republic of the Congo6.5%2021
- 30India6.9%2022
Median country 13.9% · group 12.1%
Government revenue32 countries
- 1Kiribati80.2%2023
- 2Timor-Leste51.5%2022
- 3Lesotho42.0%2024
Lowest
- 32India9.4%2022
- 31Bangladesh9.5%2021
- 30Côte d'Ivoire13.4%2023
Median country 19.0% · group 14.2%
Government expense33 countries
- 1Kiribati83.7%2023
- 2Timor-Leste52.5%2022
- 3Lesotho40.2%2022
Lowest
- 33Lebanon6.3%2021
- 32Bangladesh8.3%2021
- 31Laos10.3%2022
Median country 22.3% · group 15.7%
External debt43 countries
Lowest
- 43Haiti3.7%2024
- 42Myanmar15.3%2024
- 41Timor-Leste15.4%2024
Median country 42.7% · group 30.1%
Private credit41 countries
Median country 25.2% · group 38.7%
Broad money40 countries
Lowest
- 40Zimbabwe11.2%2023
- 39Angola13.8%2025
- 38Uzbekistan20.5%2025
Median country 42.9% · group 67.4%
Reserves, months of imports39 countries
- 1Nepal15.52025
- 2Lebanon13.62023
- 3Uzbekistan13.62025
Median country 5.3 · group 7.7
Military spending36 countries
- 1Myanmar6.60%2024
- 2Morocco3.54%2025
- 3Kyrgyzstan2.92%2025
Lowest
- 36Haiti0.12%2025
- 35Papua New Guinea0.35%2025
- 34Ghana0.48%2025
Median country 1.42% · group 1.92%
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