Global Inflation & FOREX vs. Expats

retirement in thailand concept Something always seems to come along to complicate the retirement plans and lifestyles of retired and retiring expats. If terrorism and visa requirements are not bad enough, global inflation coupled with the falling U.S. dollar can be a life re-ordering challenge, especially for US expats.

An ongoing mantra from the "You should have planned better" pundits doesn't help at all. Some expats made their move too long ago to do anything about it now.

For expats, planning well is a good idea, but not in hindsight. In 1998, how many would have fallen on the ground laughing hysterically if you had predicted oil would reach US$ 140/barrel in a mere decade?

Inflation is another budget killer. The cost of living in some countries always appears to be volatile while others look more stable. Inflation in the countries you have targeted for retirement can be crucial for a tight budget. Expatriates should be tracking inflation rates as part of their due diligence.

Global Inflation Rates: CPI YoY% Change
Country % Country %
Venezuela 31.4 Hong Kong 5.7
Ukraine 31.1 Brazil 5.5
Sri Lanka 26.2 Morocco 5.4
Vietnam 25.2 Israel 5.4
Egypt 19.7 Peru 5.3
Pakistan 19.2 Belgium 5.2
Latvia 17.9 Mexico 4.9
Russia 15.1 Cyprus 4.9
Bulgaria 15.0 Greece 4.9
Oman 12.4 South Korea 4.8
Iceland 12.3 Quatar 4.7
Lithuania 12.0 Ireland 4.7
Costa Rica 11.9 Slovakia 4.6
Estonia 11.3 Spain 4.6
South Africa 11.1 Poland 4.4
Turkey 10.7 Australia 4.2
Saudi Arabia 10.4 Finland 4.2
Indonesia 10.3 United States 4.2
Philippines 9.6 Sweden 4.0
Kuwait 9.5 Malaysia 3.8
Ecuador 9.2 Taiwan 3.7
Argentina 9.1 Eurozone 3.7
Macau 8.9 Italy 3.6
Chile 8.9 New Zealand 3.4
Romania 8.4 Denmark 3.4
China 7.7 France 3.3
Thailand 7.6 Unites Kingdom 3.3
Singapore 7.5 Luxembourg 3.2
Uruguay 7.2 Norway 3.1
Hungary 7.0 Germany 3.0
Czech Republic 6.8 Switzerland 2.9
Croatia 6.4 Portugal 2.8
Slovenia 6.4 Netherlands 2.3
Colombia 6.3 Canada 2.2
India 6.0 Japan 0.80
Tunisia 5.8 Median 5.83
Source Global Inflation Rates