Turkey is experiencing a staggering inflation rate of 35% as of June 2025, placing it far above all other members of the Organisation for Economic Co-operation and Development (OECD). According to the latest OECD data, Turkey’s food inflation alone stands at an alarming 40.6%, while no other OECD country reports food inflation exceeding 5%.

The OECD is an international organization of 38 mostly high-income countries, including many Western nations, that collaborate on economic policies and share statistical data. However, Turkey’s economy differs significantly from many other OECD countries, as it is classified as an emerging market with more volatile inflation rates, exchange rates, and economic growth patterns. While most OECD members enjoy relatively stable inflation and advanced economic structures, an inflation rate of 15% is considered to be on the lower end in Turkey.

In June 2025, Turkey’s overall inflation hit 35%, the highest among the OECD member states. Meanwhile, the average inflation rate across the OECD rose modestly from 4% to 4.2%, with no other country surpassing 5%. Countries with the lowest inflation included Costa Rica at -0.2% (deflation), Switzerland at 0.1%, and Finland at 0.2%.

The OECD’s report noted inflation increases in 21 out of 38 member countries. The Czech Republic, Estonia, and Sweden saw inflation rise by 0.5........

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