World Bank's classification:
LICs = Low-income countries
LMICs = Lower-middle-income countries
UMICs = Upper-middle-income countries
HICs = High-income countries
Citation formats
Global food price increases in 2023, by country income classification
Average food price inflation was highest in countries in 2023 when compared to the rest of the world. When compared to the previous year, food prices were almost ** percent higher in September and October of 2023 in low-income countries. This figure stood at *** percent for high income countries.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
International Food Policy Research Institute. (December 4, 2023). Average year-over-year food price inflation worldwide in 2023, by country income classification [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 05, 2026, from /statistics/1427782/food-price-inflation-worldwide-by-country-type/
International Food Policy Research Institute. "Average year-over-year food price inflation worldwide in 2023, by country income classification ." Chart. December 4, 2023. ÌÇÐÄÆƽâ°æ. Accessed August 05, 2026. /statistics/1427782/food-price-inflation-worldwide-by-country-type/
International Food Policy Research Institute. (2023). Average year-over-year food price inflation worldwide in 2023, by country income classification . ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 05, 2026. /statistics/1427782/food-price-inflation-worldwide-by-country-type/
International Food Policy Research Institute. "Average Year-over-year Food Price Inflation Worldwide in 2023, by Country Income Classification ." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 4 Dec 2023, /statistics/1427782/food-price-inflation-worldwide-by-country-type/
International Food Policy Research Institute, Average year-over-year food price inflation worldwide in 2023, by country income classification ÌÇÐÄÆƽâ°æ, /statistics/1427782/food-price-inflation-worldwide-by-country-type/ (last visited August 05, 2026)
Average year-over-year food price inflation worldwide in 2023, by country income classification [Graph], International Food Policy Research Institute, December 4, 2023. [Online]. Available: /statistics/1427782/food-price-inflation-worldwide-by-country-type/
