Is your pay rise beating inflation?

Whether you call it a pay rise or a raise, it only leaves you better off if it beats inflation — and inflation is a different number in every country. This is what it currently takes just to stand still in each of 118 of them, from the hardest to the easiest.

Iran asks the most, at 87.9%; Morocco the least, at -0.3%. Pick a country to put your own salary and the offer on the table into it.

What a rise has to beat, country by country

CountryRise needed
🇮🇷IranJuly 202687.9%
🇦🇷ArgentinaJuly 202633.8%
🇹🇷TurkeyAugust 202631.5%
🇲🇼MalawiAugust 202620.0%
🇭🇹HaitiAugust 202617.0%
🇱🇧LebanonAugust 202616.7%
🇷🇼RwandaAugust 202615.9%
🇸🇱Sierra LeoneAugust 202615.7%
🇳🇬NigeriaAugust 202615.4%
🇪🇬EgyptAugust 202614.5%
🇲🇳MongoliaAugust 202612.5%
🇵🇰PakistanAugust 202611.2%
🇰🇬KyrgyzstanJune 202611.0%
🇰🇿KazakhstanMay 202610.4%
🇧🇼BotswanaAugust 20269.3%
🇧🇴BoliviaJune 20269.2%
🇦🇴AngolaAugust 20268.8%
🇧🇮BurundiJuly 20268.4%
🇧🇩BangladeshJuly 20268.3%
🇺🇦UkraineAugust 20268.1%
🇸🇷SurinameAugust 20268.0%
🇱🇦LaosAugust 20267.7%
🇯🇲JamaicaJuly 20267.5%
🇲🇿MozambiqueJune 20267.5%
🇱🇰Sri LankaJune 20266.8%
🇭🇳HondurasJune 20266.5%
🇰🇪KenyaJune 20266.4%
🇵🇭PhilippinesJune 20266.4%
🇷🇴RomaniaAugust 20266.3%
🇨🇴ColombiaAugust 20266.2%
🇿🇲ZambiaAugust 20266.2%
🇺🇿UzbekistanAugust 20266.2%
🇫🇯FijiJune 20266.1%
🇱🇹LithuaniaSeptember 20266.1%
🇷🇺RussiaJuly 20266.0%
🇮🇸IcelandSeptember 20265.9%
🇹🇳TunisiaJuly 20265.7%
🇬🇪GeorgiaAugust 20265.6%
🇧🇬BulgariaSeptember 20265.6%
🇨🇾CyprusSeptember 20265.2%
🇱🇺LuxembourgSeptember 20265.2%
🇩🇴Dominican RepublicAugust 20265.1%
🇬🇷GreeceSeptember 20265.1%
🇱🇷LiberiaJune 20265.0%
🇬🇭GhanaAugust 20265.0%
🇧🇪BelgiumSeptember 20264.7%
🇦🇲ArmeniaJuly 20264.5%
🇻🇳VietnamJuly 20264.5%
🇮🇳IndiaJuly 20264.4%
🇳🇦NamibiaJuly 20264.4%
🇭🇷CroatiaSeptember 20264.3%
🇲🇺MauritiusJuly 20264.3%
🇪🇸SpainAugust 20264.3%
🇿🇦South AfricaJuly 20264.3%
🇺🇾UruguayJune 20264.3%
🇧🇷BrazilAugust 20264.2%
🇮🇹ItalySeptember 20264.2%
🇺🇬UgandaAugust 20264.1%
🇨🇱ChileAugust 20264.1%
🇵🇪PeruAugust 20264.1%
🇳🇿New ZealandQ2 20264.1%
🇹🇿TanzaniaJune 20264.0%
🇬🇾GuyanaJune 20264.0%
🇦🇺AustraliaQ2 20263.9%
🇮🇪IrelandSeptember 20263.8%
🇩🇯DjiboutiJuly 20263.8%
🇳🇮NicaraguaMay 20263.7%
🇸🇮SloveniaSeptember 20263.7%
🇵🇹PortugalSeptember 20263.6%
🇦🇹AustriaSeptember 20263.5%
🇵🇱PolandAugust 20263.5%
🇺🇸USAAugust 20263.4%
🇦🇱AlbaniaAugust 20263.4%
🇳🇴NorwayAugust 20263.3%
🇳🇱NetherlandsAugust 20263.3%
🇲🇽MexicoAugust 20263.3%
🇪🇺EU AverageAugust 20263.2%
🇮🇩IndonesiaAugust 20263.2%
🇮🇶IraqJune 20263.1%
🇰🇷South KoreaAugust 20263.1%
🇬🇧UKAugust 20263.1%
🇸🇰SlovakiaSeptember 20263.1%
🇨🇦CanadaAugust 20263.0%
🇪🇪EstoniaSeptember 20263.0%
🇫🇷FranceSeptember 20263.0%
🇱🇻LatviaSeptember 20262.9%
🇻🇨St Vincent and the GrenadinesJuly 20262.9%
🇩🇪GermanyAugust 20262.9%
🇸🇻El SalvadorJune 20262.8%
🇯🇴JordanJuly 20262.7%
🇫🇮FinlandSeptember 20262.6%
🇲🇰North MacedoniaAugust 20262.6%
🇹🇭ThailandJune 20262.4%
🇲🇹MaltaSeptember 20262.4%
🇸🇬SingaporeAugust 20262.3%
🇵🇦PanamaMay 20262.3%
🇬🇹GuatemalaJune 20262.3%
🇦🇪UAEDecember 20252.0%
🇹🇼TaiwanAugust 20262.0%
🇩🇰DenmarkAugust 20262.0%
🇯🇵JapanAugust 20262.0%
🇸🇦Saudi ArabiaAugust 20261.8%
🇲🇾MalaysiaJuly 20261.8%
🇭🇺HungaryAugust 20261.8%
🇪🇨EcuadorJune 20261.7%
🇭🇰Hong KongAugust 20261.7%
🇨🇿CzechiaAugust 20261.5%
🇮🇱IsraelAugust 20261.5%
🇨🇭SwitzerlandSeptember 20261.0%
🇨🇳ChinaAugust 20260.8%
🇹🇱Timor-LesteJuly 20260.5%
🇸🇨SeychellesJune 20260.4%
🇨🇻Cabo VerdeJuly 20260.4%
🇹🇹Trinidad and TobagoJune 20260.3%
🇸🇪SwedenAugust 20260.3%
🇰🇼KuwaitJune 20260.0%
🇨🇷Costa RicaJune 2026-0.3%
🇲🇦MoroccoAugust 2026-0.3%

Each figure is that country's own headline measure over the twelve months to the date beside it. Offices publish on different schedules, so the months differ.