Global inflation has a significant impact on the economies of developing countries, affecting various sectors and aspects of people’s lives. One of the main impacts is the increase in prices of goods and services, which is often felt more by countries with vulnerable economies. As global inflation rises, the cost of imports, including raw materials and food, also rises. This causes greater inflationary pressures in developing countries, which generally depend on imports to meet basic needs. The food sector is one of the most affected. Developing countries, with large populations and high levels of dependence on food imports, often experience price fluctuations that have a direct impact on people’s purchasing power. Rising food prices could exacerbate problems of hunger and malnutrition, which are already challenges in many marginalized areas. Then, inflation also has an impact on the foreign investment sector. The uncertainty created by high inflation can make foreign investors reluctant to invest. Investors tend to seek stability, and uncontrolled inflation can cause volatility in markets, to the detriment of long-term economic growth. This limits developing countries’ ability to improve infrastructure and provide essential public services. The banking and financial sectors also felt the impact of inflation. With interest rates rising in response to inflation, access to financing has become more difficult, especially for small and medium-sized businesses that form the backbone of the economy in many developing countries. More expensive financing impacts the ability of business people to invest and develop their businesses. On the other hand, inflation can spur the transfer of resources. Countries that rely on commodities as a source of income face challenges when commodity prices fall due to global inflation. A decline in commodity values can reduce government income which has an impact on budget allocations for social and development programs. The social impact of global inflation is also quite extensive. Economic instability can cause dissatisfaction among society, which can lead to social unrest and conflict. When prices of daily necessities rise, especially for low-income groups, increasing social injustice can disrupt social cohesion and political stability. The monetary policy taken by the central bank can also have an influence. In an effort to tackle inflation, central banks may raise interest rates, which could slow economic growth. Countries that struggle to keep inflation under control are required to strike a balance between containing inflation and supporting growth. In the trade sector, developing countries may face challenges in increasing exports. Increasingly expensive products can make goods from developing countries less competitive in international markets. Moreover, when the local currency depreciates due to inflation, production costs increase, which has a direct impact on the competitiveness of products in the global market. Changes in global policy are also an important factor. Developed countries experiencing inflation can implement protectionist policies to protect their own economies, which can reduce export opportunities for developing countries. Therefore, these countries need to adapt their trading strategies to maintain markets amidst this uncertainty. Overall, the impact of global inflation on the economies of developing countries is very complex and has a wide reach. These countries must find effective ways to adapt and overcome the challenges posed by ever-increasing inflation, while remaining focused on sustainable development and improving people’s quality of life.