Inflation Calculation
Inflation Calculation
There are 2 questions in this Excel exercise. If you want, please watch the video lecture for this Exer
how to answer the questions. We will analyze a lot of inflation data from the World Bank's website.
If you don't want to use the buttons to navigate to the different tabs in this spreadsheet, then pleas
spreadsheet.
If you have any questions, please let me know by asking questions in the Q&A section of the course
To get started, please click on the button above called "Questions 1 and 2." Also, please try to ans
(depending on how much experience you have with Excel). If you need a hint, then (per the image b
question (see the blue arrow below). Once you have answered the question, please look at the answ
(see the orange arrow below). If you need help (or if you don't have much Excel experience), please
associated with Exercise 2 in the course and/or (per the green arrow), click to view the video answe
Data source for the World Bank Raw Data: http://data.worldbank.org/
What We Will
Learn in Other
Excel Exercises
STEP 4 OF 7: Left click highest bar. Once it has been selected (meaning after you left clicked), then right-click
on that same highest bar and select "Add Data Label". You will see that the answer is 110%. If you can't see
that the country is Venezuela, then please make the chart bigger (don't worry if it is hard to read the chart
as I will show you how to move a chart to it's own tab in the next question so that it is easier to read).
STEP 6 OF 7: Add the Y axis by selecting the Chart Design tab, then select Add Chart Element, then select
Axis Titles and then choose the vertical option and rename the vertical axis by double-clicking on it and
typing: "Inflation in %."
STEP 7 OF 7: Click on the Chart Design tab and find a format example of the chart with a dark grey
background and select it.
STEP 2 OF 2: In cell T1, select the filter, then select Descending, then right below Descending, select greater
than 5. Cool eh!
02/13/2025_x000D_14:29:39 _x000D__x000D__x000D__x000D_*
Page 5 of 66 For more detailed answers, please open the Excel file called “Exercise 2” _x000D__x000D_Thanks,_x000D_Chris Haroun
Inflation, consumer prices (annual %)
120
100
80
60
% INFLAATION
40
20
0
Afghanistan Barbados Cabo Verde Croatia Finland Haiti Japan Luxembourg Mongolia Oman Samoa Spain Timor-Leste Vietnam
-20
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Exercise Questions o
Instructions 1 and 2 Qm O
u t
e h
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Series Name
il E
Series CodeCountry N 2015 [YR2015]
o d cx
Inflation, consumer prices (anFP.CPI.TOT Afghanista -1.533847
n e
Inflation, consumer prices (anFP.CPI.TOT Albania 1.910017
l
Inflation, consumer prices (anFP.CPI.TOT Algeria 2B E
4.784977
Inflation, consumer prices (anFP.CPI.TOT Angola
a x
10.279327
n e
Inflation, consumer prices (anFP.CPI.TOT Antigua an 0.9689935
k r
Inflation, consumer prices (anFP.CPI.TOT Armenia 3.726586
c
Inflation, consumer prices (anFP.CPI.TOT Aruba i
0.476485
Inflation, consumer prices (anFP.CPI.TOT Australia 1.5083667 s
e
Inflation, consumer prices (anFP.CPI.TOT Austria 0.896567
s
Inflation, consumer prices (anFP.CPI.TOT Azerbaijan 4.1719657
Inflation, consumer prices (anFP.CPI.TOT Bahamas, T1.8708077
Inflation, consumer prices (anFP.CPI.TOT Bahrain 1.8359937
Inflation, consumer prices (anFP.CPI.TOT Bangladesh6.1942802
Inflation, consumer prices (anFP.CPI.TOT Barbados -1.061216
Inflation, consumer prices (anFP.CPI.TOT Belarus 13.53449
Inflation, consumer prices (anFP.CPI.TOT Belgium 0.5581025
Inflation, consumer prices (anFP.CPI.TOT Belize -0.885282
Inflation, consumer prices (anFP.CPI.TOT Benin 0.3203987
Inflation, consumer prices (anFP.CPI.TOT Bhutan 4.5217085
Inflation, consumer prices (anFP.CPI.TOT Bolivia 4.0609637
Inflation, consumer prices (anFP.CPI.TOT Botswana 3.060357
Inflation, consumer prices (anFP.CPI.TOT Brazil 9.0276013
Inflation, consumer prices (anFP.CPI.TOT Brunei Dar -0.423926
Inflation, consumer prices (anFP.CPI.TOT Bulgaria -0.104872
Inflation, consumer prices (anFP.CPI.TOT Burkina Fas0.9549933
Inflation, consumer prices (anFP.CPI.TOT Burundi 5.5542042
Inflation, consumer prices (anFP.CPI.TOT Cabo Verde0.1325797
Inflation, consumer prices (anFP.CPI.TOT Cambodia 1.2212701
Inflation, consumer prices (anFP.CPI.TOT Cameroon 2.6859828
Inflation, consumer prices (anFP.CPI.TOT Canada 1.1252414
Inflation, consumer prices (anFP.CPI.TOT Central Afr 37.142215
Inflation, consumer prices (anFP.CPI.TOT Chad 3.6699004
Inflation, consumer prices (anFP.CPI.TOT Chile 4.3488673
Inflation, consumer prices (anFP.CPI.TOT China 1.4425554
Inflation, consumer prices (anFP.CPI.TOT Colombia 5.0050307
Inflation, consumer prices (anFP.CPI.TOT Comoros -8.115169
Inflation, consumer prices (anFP.CPI.TOT Congo, Rep4.5140361
Inflation, consumer prices (anFP.CPI.TOT Costa Rica 0.796685
Inflation, consumer prices (anFP.CPI.TOT Cote d'Ivoi 1.2374433
Inflation, consumer prices (anFP.CPI.TOT Croatia -0.464499
Inflation, consumer prices (anFP.CPI.TOT Cyprus -2.096998
Inflation, consumer prices (anFP.CPI.TOT Czech Repu0.3447824
Inflation, consumer prices (anFP.CPI.TOT Denmark 0.4520342
Inflation, consumer prices (anFP.CPI.TOT Djibouti 2.1516289
Inflation, consumer prices (anFP.CPI.TOT Dominica -0.786339
Inflation, consumer prices (anFP.CPI.TOT Dominican 0.8367463
Inflation, consumer prices (anFP.CPI.TOT Ecuador 3.9702192
Inflation, consumer prices (anFP.CPI.TOT Egypt, Arab 10.35749
Inflation, consumer prices (anFP.CPI.TOT Equatorial 1.6681637
Inflation, consumer prices (anFP.CPI.TOT Estonia -0.456767
Inflation, consumer prices (anFP.CPI.TOT Ethiopia 10.134115
Inflation, consumer prices (anFP.CPI.TOT Fiji 1.3708233
Inflation, consumer prices (anFP.CPI.TOT Finland -0.207164
Inflation, consumer prices (anFP.CPI.TOT France 0.0378037
Inflation, consumer prices (anFP.CPI.TOT Gabon 0.6046425
Inflation, consumer prices (anFP.CPI.TOT Gambia, Th6.8087211
Inflation, consumer prices (anFP.CPI.TOT Georgia 4.0035782
Inflation, consumer prices (anFP.CPI.TOT Germany 0.2344299
Inflation, consumer prices (anFP.CPI.TOT Ghana 17.145074
Inflation, consumer prices (anFP.CPI.TOT Greece -1.735902
Inflation, consumer prices (anFP.CPI.TOT Grenada -0.621544
Inflation, consumer prices (anFP.CPI.TOT Guatemala2.3887203
Inflation, consumer prices (anFP.CPI.TOT Guinea 8.1519697
Inflation, consumer prices (anFP.CPI.TOT Guinea-Bis 1.4046089
Inflation, consumer prices (anFP.CPI.TOT Guyana -0.957397
Inflation, consumer prices (anFP.CPI.TOT Haiti 9.0165188
Inflation, consumer prices (anFP.CPI.TOT Honduras 3.1578312
Inflation, consumer prices (anFP.CPI.TOT Hong Kong 2.9682702
Inflation, consumer prices (anFP.CPI.TOT Hungary -0.070282
Inflation, consumer prices (anFP.CPI.TOT Iceland 1.6312849
Inflation, consumer prices (anFP.CPI.TOT India 4.9069734
Inflation, consumer prices (anFP.CPI.TOT Indonesia 6.3631211
Inflation, consumer prices (anFP.CPI.TOT Iran, Islami 13.7058
Inflation, consumer prices (anFP.CPI.TOT Iraq 1.3933303
Inflation, consumer prices (anFP.CPI.TOT Ireland -0.294599
Inflation, consumer prices (anFP.CPI.TOT Israel -0.633122
Inflation, consumer prices (anFP.CPI.TOT Italy 0.0387868
Inflation, consumer prices (anFP.CPI.TOT Jamaica 3.6771711
Inflation, consumer prices (anFP.CPI.TOT Japan 0.7895179
Inflation, consumer prices (anFP.CPI.TOT Jordan -0.872898
Inflation, consumer prices (anFP.CPI.TOT Kazakhstan6.6461875
Inflation, consumer prices (anFP.CPI.TOT Kenya 6.5824109
Inflation, consumer prices (anFP.CPI.TOT Korea, Rep.0.7062082
Inflation, consumer prices (anFP.CPI.TOT Kuwait 3.2717025
Inflation, consumer prices (anFP.CPI.TOT Kyrgyz Repu6.5033184
Inflation, consumer prices (anFP.CPI.TOT Lao PDR 1.2762277
Inflation, consumer prices (anFP.CPI.TOT Latvia 0.1791713
Inflation, consumer prices (anFP.CPI.TOT Lebanon -3.748892
Inflation, consumer prices (anFP.CPI.TOT Lesotho 3.1754546
Inflation, consumer prices (anFP.CPI.TOT Liberia 7.7826529
Inflation, consumer prices (anFP.CPI.TOT Lithuania -0.884108
Inflation, consumer prices (anFP.CPI.TOT Luxembour0.4745138
Inflation, consumer prices (anFP.CPI.TOT Macao SAR,4.5593908
Inflation, consumer prices (anFP.CPI.TOT Macedonia,-0.301279
Inflation, consumer prices (anFP.CPI.TOT Madagasca 7.404002
Inflation, consumer prices (anFP.CPI.TOT Malawi 21.86905
Inflation, consumer prices (anFP.CPI.TOT Malaysia 2.081448
Inflation, consumer prices (anFP.CPI.TOT Maldives 0.9532067
Inflation, consumer prices (anFP.CPI.TOT Mali 1.4357358
Inflation, consumer prices (anFP.CPI.TOT Malta 1.0999316
Inflation, consumer prices (anFP.CPI.TOT Mauritania0.4845546
Inflation, consumer prices (anFP.CPI.TOT Mauritius 1.2865497
Inflation, consumer prices (anFP.CPI.TOT Mexico 2.7206413
Inflation, consumer prices (anFP.CPI.TOT Moldova 9.6786095
Inflation, consumer prices (anFP.CPI.TOT Mongolia 5.7759495
Inflation, consumer prices (anFP.CPI.TOT Montenegr1.2044546
Inflation, consumer prices (anFP.CPI.TOT Morocco 1.5579071
Inflation, consumer prices (anFP.CPI.TOT Mozambiqu3.5507597
Inflation, consumer prices (anFP.CPI.TOT Myanmar 10.803451
Inflation, consumer prices (anFP.CPI.TOT Namibia 3.4057733
Inflation, consumer prices (anFP.CPI.TOT Nepal 7.868909
Inflation, consumer prices (anFP.CPI.TOT Netherland0.6002481
Inflation, consumer prices (anFP.CPI.TOT New Zealan0.3343084
Inflation, consumer prices (anFP.CPI.TOT Nicaragua 3.9991018
Inflation, consumer prices (anFP.CPI.TOT Niger 1.0068851
Inflation, consumer prices (anFP.CPI.TOT Nigeria 9.0176838
Inflation, consumer prices (anFP.CPI.TOT Norway 2.1736483
Inflation, consumer prices (anFP.CPI.TOT Oman 0.0652901
Inflation, consumer prices (anFP.CPI.TOT Pakistan 2.5395159
Inflation, consumer prices (anFP.CPI.TOT Panama 0.1255261
Inflation, consumer prices (anFP.CPI.TOT Papua New6.0102417
Inflation, consumer prices (anFP.CPI.TOT Paraguay 3.1290027
Inflation, consumer prices (anFP.CPI.TOT Peru 3.5553962
Inflation, consumer prices (anFP.CPI.TOT Philippines 1.4336918
Inflation, consumer prices (anFP.CPI.TOT Poland -0.9913
Inflation, consumer prices (anFP.CPI.TOT Portugal 0.4879386
Inflation, consumer prices (anFP.CPI.TOT Qatar 1.8835893
Inflation, consumer prices (anFP.CPI.TOT Romania -0.593319
Inflation, consumer prices (anFP.CPI.TOT Russian Fed15.524418
Inflation, consumer prices (anFP.CPI.TOT Rwanda 2.5180877
Inflation, consumer prices (anFP.CPI.TOT Samoa 0.7167476
Inflation, consumer prices (anFP.CPI.TOT Sao Tome a5.2457328
Inflation, consumer prices (anFP.CPI.TOT Saudi Arabi2.1846371
Inflation, consumer prices (anFP.CPI.TOT Senegal 0.1451075
Inflation, consumer prices (anFP.CPI.TOT Serbia 1.3923582
Inflation, consumer prices (anFP.CPI.TOT Seychelles 4.0415905
Inflation, consumer prices (anFP.CPI.TOT Sierra Leon8.0143584
Inflation, consumer prices (anFP.CPI.TOT Singapore -0.5
Inflation, consumer prices (anFP.CPI.TOT Slovak Repu -0.32522
Inflation, consumer prices (anFP.CPI.TOT Slovenia -0.518126
Inflation, consumer prices (anFP.CPI.TOT Solomon Is -0.558559
Inflation, consumer prices (anFP.CPI.TOT South Afric 4.588271
Inflation, consumer prices (anFP.CPI.TOT South Suda50.150598
Inflation, consumer prices (anFP.CPI.TOT Spain -0.500461
Inflation, consumer prices (anFP.CPI.TOT Sri Lanka 0.922022
Inflation, consumer prices (anFP.CPI.TOT St. Kitts an -2.301876
Inflation, consumer prices (anFP.CPI.TOT St. Lucia -0.984309
Inflation, consumer prices (anFP.CPI.TOT St. Vincent -1.733612
Inflation, consumer prices (anFP.CPI.TOT Sudan 16.911792
Inflation, consumer prices (anFP.CPI.TOT Suriname 6.8938973
Inflation, consumer prices (anFP.CPI.TOT Swaziland 4.9544376
Inflation, consumer prices (anFP.CPI.TOT Sweden -0.046785
Inflation, consumer prices (anFP.CPI.TOT Switzerland-1.143915
Inflation, consumer prices (anFP.CPI.TOT Tajikistan 5.7145595
Inflation, consumer prices (anFP.CPI.TOT Tanzania 5.5878374
Inflation, consumer prices (anFP.CPI.TOT Thailand -0.895021
Inflation, consumer prices (anFP.CPI.TOT Timor-Lest 0.6342834
Inflation, consumer prices (anFP.CPI.TOT Togo 1.7898645
Inflation, consumer prices (anFP.CPI.TOT Tonga -1.053998
Inflation, consumer prices (anFP.CPI.TOT Trinidad a 4.6581712
Inflation, consumer prices (anFP.CPI.TOT Tunisia 4.8571823
Inflation, consumer prices (anFP.CPI.TOT Turkey 7.6708536
Inflation, consumer prices (anFP.CPI.TOT Uganda 5.2254272
Inflation, consumer prices (anFP.CPI.TOT Ukraine 48.72428
Inflation, consumer prices (anFP.CPI.TOT United Kin 0.0500208
Inflation, consumer prices (anFP.CPI.TOT United Stat0.1186271
Inflation, consumer prices (anFP.CPI.TOT Uruguay 8.6662699
Inflation, consumer prices (anFP.CPI.TOT Vanuatu 2.4656569
Inflation, consumer prices (anFP.CPI.TOT Venezuela,109.68105
Inflation, consumer prices (anFP.CPI.TOT Vietnam 0.8786037
Inflation, consumer prices (anFP.CPI.TOT Zambia 10.100695
Inflation, consumer prices (anFP.CPI.TOT Zimbabwe -2.39871
2000 [YR2000] 2001 [YR202002 [YR202003 [YR202004 [YR202005 [YR202006 [YR202007 [YR20
.. .. .. .. .. 12.686269 7.2548956 8.4828893
0.0500181363468 3.1075883 7.7705258 0.4840026 2.2800192 2.366582 2.3707283 2.9326825
0.3391631890717 4.2259883 1.4183019 4.268954 3.9618003 1.3824466 2.3145241 3.6738273
.. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. ..
324.99687160132 152.56102 108.89744 98.223718 43.541947 22.963744 13.303253 12.248676
0.7717797969001 1.4027966 2.407658 1.9935306 2.0300776 2.098752 1.7877854 1.4160526
-0.935939411979 -1.066636 25.868498 13.442849 4.4157179 9.6393995 10.901125 8.831413
-0.790883768935 3.1459046 1.0600493 4.7215534 6.9612614 0.6423433 2.8923566 4.4073609
4.0440213119051 2.8836043 3.315775 3.6573766 2.5299381 3.3956252 2015 Inflation
3.6087115 5.3912026
4.4751830756713 4.3808411 3.0031711
120 2.7707352 2.3436123 2.6687328 3.5384873 2.3323615
2.3951855118559 2.6634407 1.802102 1.3555411 2.0612282 2.3047659 1.4496185 2.1685991
1.8050030377491 1.5471959 2.7711647 2.2338649 6.7089304 9.6795073 8.3740632 16.595367
100
1.6063294174059 2.0449898 2.1735779 3.0250453 0.981914 1.5916062 2.3898263 2.4925779
-0.704852953091 -1.207572 -0.49554 1.5936255 2.3529412 2.5862069 2.0074697 3.2566667
2.2082562093754 2.0071737 3.3325649
80 5.6687077 7.5875364 7.0466182 6.7652612 9.106985
2.4358130348914 2.5778349 0.1252495 1.6194332 1.3944223 6.0821873 7.3076626 4.0342298
168.62023589826 61.134933 42.537548 28.39784 18.108242 10.338879 7.0330293 8.4215004
60
Inflation in %
2000 [YR2000] 2001 [YR202002 [YR202003 [YR202004 [YR202005 [YR202006 [YR202007 [YR20
100.00
80.00
60.00
Inflation in %
40.00
20.00
0.00
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Exercise Questions Raw Data from
Instructions 1 and 2 World Bank
Below is a list of what finance and Excel concepts are covered in the Excel Exe
please see those sections on the Udemy course curriculum page or in the "Ind
Exercise #
Exercise #1
Exercise #2
Exercise #3
Exercise #4
Exercise #5
Exercise #6
Exercise #7
Exercise #8
Exercise #9
Exercise #10
Raw Data from Answer to Answer to What We WIll Learn
in Other Excel
World Bank Question 1 Question 2 Exercises
el concepts are covered in the Excel Exercises from Sections 3 through 15 of this cour
my course curriculum page or in the "Index.PDF" file, which is attached to lecture #2 i