Venezuela Enters the Record Book: The 57th Entry in the Hanke-Krus World Hyperinflation Table

Steve Hanke () and Charles Bushnell
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Steve Hanke: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise
Charles Bushnell: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

No 69, Studies in Applied Economics from The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

Abstract: The Hanke-Krus World Hyperinflation Table first appeared in the authoritative Routledge Handbook of Major Events in Economic History, which was published in 2013. The table contained every country that had ever experienced a hyperinflation – all 56 of them. With this paper, we amend the Table and add a 57th entry: Venezuela. On December 3, 2016, Venezuela’s inflation met all the criteria required to qualify as a hyperinflation. Specifically, Venezuela’s monthly inflation rate exceeded 50 percent per month for 30 consecutive days.

Pages: 28 pages
Date: 2016-12
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:jhisae:0069

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