| Rank | Country | Inflation rate (consumer prices) |
154 | Honduras |  7% (2011 est.) 4.7% (2010 est.) |
116 | Hong Kong |  5% (2011 est.) 2.3% (2010 est.) |
82 | Hungary |  3.7% (2011 est.) 4.9% (2010 est.) |
106 | Iceland |  4.5% (2011 est.) 5.4% (2010 est.) |
150 | India |  6.8% (2011 est.) 12% (2010 est.) |
| Indian Ocean | void |
134 | Indonesia |  5.7% (2011 est.) 5.1% (2010 est.) |
220 | Iran |  22.5% (2011 est.) 12.4% (2010 est.) note: official Iranian estimate |
138 | Iraq |  6% (2011 est.) 2.4% (2010 est.) |
31 | Ireland |  2.4% (2011 est.) -0.9% (2010 est.) |
117 | Isle of Man |  5% (2010 est.) 3.1% |
58 | Israel |  3.2% (2011 est.) 2.7% (2010 est.) |
29 | Italy |  2.3% (2011 est.) 1.6% (2010 est.) |
162 | Jamaica |  7.7% (2011 est.) 12.6% (2010 est.) |
| Jan Mayen | void |
3 | Japan |  0.4% (2011 est.) -0.7% (2010 est.) |
83 | Jersey | 3.7% (2006) |