Graph of the Day

A New Year and a new graph of the day! This graphic actually uses a new Python library, wbdata, for grabbing World Bank data via the World Bank's API.  Here is a plot of global inflation over the last 50 odd years for all available countries.  I have color-coded the countries according to income group: Low, Lower-Middle, Upper-Middle, or High.

I am not entirely thrilled with this graph.  It turned out to be hard to scale the y-axis to capture the full range of the data: Democratic Republic of Congo had an annual inflation rate over 23,000% in 1994! Zimbabwe would have had even higher annual inflation rates but they stopped reporting inflation statistics in 2006 (just prior to the onset of its recent bought of hyperinflation).

As always, code is available on GitHub.