In 2024, Chile leads the Global Food Consumer Price Index (CPI) with a value of 12.595, followed by Saudi Arabia at 12.221, Estonia at 11.676, Latvia at 11.564, and Lithuania at 11.504. Spain, Canada, New Zealand, and Norway show values slightly above 10, while Denmark and Switzerland remain just under 11. Across the period from 2021 to 2023, Chile and Saudi Arabia showed notable year-on-year increases in their CPI at 3.94% and 4.37% respectively, with Estonia and Latvia also experiencing significant growth. The average annual variation over the last five years (CAGR) highlights a steady increase across these countries.
Future trends to watch for in the Global Food CPI by country include potential impacts of geopolitical stability, climate change affecting agricultural output, and continued inflationary pressures. Monitoring these factors will be crucial for understanding and predicting the trajectory of food prices globally.
Top countries in Food Consumer Price Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Chile | 125.95 | 2021 | +5.41% | +3.94% | View data |
| 2 | 2 Saudi Arabia | 122.21 | 2021 | +5.39% | +4.37% | View data |
| 3 | 3 Estonia | 116.76 | 2021 | +1.84% | +3.14% | View data |
| 4 | 4 Latvia | 115.64 | 2021 | +2.24% | +2.73% | View data |
| 5 | 5 Lithuania | 115.04 | 2021 | +2.77% | +2.59% | View data |
| 6 | 6 Spain | 109.89 | 2021 | +1.85% | +1.62% | View data |
| 7 | 7 Canada | 109.37 | 2021 | +2.2% | +1.6% | View data |
| 8 | 8 New Zealand | 107.52 | 2021 | +1.76% | +1.58% | View data |
| 9 | 9 Norway | 107.52 | 2021 | -2.03% | +0.95% | View data |
| 10 | 10 Denmark | 105.67 | 2021 | +0.58% | +1.09% | View data |
