Since 2000, China has generally had the most stable inflation rate of the BRICS bloc, with annual change fluctuating between negative one and six percent. In contrast, Russia's inflation rates reached the highest levels in the past two decades, particularly in the early 2000s, during the financial crisis of 2008, and after 2014 when its economy was affected by the drop in international oil prices and the sanctions imposed for the annexation of Crimea.
Inflation rate in the BRICS countries from 2000 to 2029
(compared to the previous year)
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IMF. (October 10, 2024). Inflation rate in the BRICS countries from 2000 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved January 18, 2025, from https://www.statista.com/statistics/741754/inflation-rate-in-the-bric-countries/?__sso_cookie_checker=failed
IMF. "Inflation rate in the BRICS countries from 2000 to 2029 (compared to the previous year)." Chart. October 10, 2024. Statista. Accessed January 18, 2025. https://www.statista.com/statistics/741754/inflation-rate-in-the-bric-countries/?__sso_cookie_checker=failed
IMF. (2024). Inflation rate in the BRICS countries from 2000 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: January 18, 2025. https://www.statista.com/statistics/741754/inflation-rate-in-the-bric-countries/?__sso_cookie_checker=failed
IMF. "Inflation Rate in The Brics Countries from 2000 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 10 Oct 2024, https://www.statista.com/statistics/741754/inflation-rate-in-the-bric-countries/?__sso_cookie_checker=failed
IMF, Inflation rate in the BRICS countries from 2000 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/741754/inflation-rate-in-the-bric-countries/?__sso_cookie_checker=failed (last visited January 18, 2025)
Inflation rate in the BRICS countries from 2000 to 2029 (compared to the previous year) [Graph], IMF, October 10, 2024. [Online]. Available: https://www.statista.com/statistics/741754/inflation-rate-in-the-bric-countries/?__sso_cookie_checker=failed