Countries with the Largest Loss in Purchasing Power | 1990 - 2018

Visualize the loss in purchasing power of $100,000 in each local currency for the poorest performing countries from 1990 to 2018. Note that these countries have done the worst job in maintaining their local currencies purchasing power over this span of time. Data for some countries is missing for this time period so some countries are not shown.

"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust." - Satoshi Nakamoto

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Data source: The World Bank & The Federal Reserve Bank of St. Louis

Wikipedia Purchasing Power Definition:

Purchasing power is the amount of goods and services that can be purchased with a unit of currency. For example, if one had taken one unit of currency to a store in the 1950s, it would have been possible to buy a greater number of items than would be the case today, indicating that the currency had a greater purchasing power in the 1950s. Currency can be either a commodity money, like gold or silver, or fiat money emitted by government sanctioned agencies.

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