The impact of global inflation on the economies of developing countries is very complex and varied. Global inflation, which is usually characterized by increases in the prices of goods and services, affects developing countries through several important channels. One of the impacts is instability in prices of basic goods. Countries that depend on food and energy imports are particularly vulnerable to global price fluctuations. Rising food and energy prices can lead to higher domestic inflation, biting people’s purchasing power and increasing poverty levels. On the other hand, global inflation is often accompanied by an increase in international interest rates. Developing countries, which typically have debt in foreign currencies, will experience rising debt costs when interest rates rise. This can burden the government budget and reduce funding allocations for important sectors such as education and health. Increasingly expensive debt settlements could force the government to make budget cuts, which in turn hampers economic growth. Furthermore, global inflation also affects capital flows. When inflation in developed countries increases, investment funds tend to flow back into more stable markets. Developing countries often suffer from capital outflows, which can worsen the exchange rates of their currencies. A decline in the exchange rate not only impacts import costs, but can also worsen domestic economic conditions. Developing countries that have low foreign exchange reserves will suffer more from global inflation. When the value of their currency falls, the cost of imported goods rises sharply. An increase in the cost of goods will lead to an increase in prices which will further undermine people’s purchasing power. In extreme cases, countries can experience currency crises, which negatively impact economic stability. It is also important to pay attention to the social impact of global inflation. Lower and middle class people feel the effects the most, because they spend a greater proportion of their income on basic needs. Social dissatisfaction may increase, reflected in protests or even political instability. This could be a major challenge for a government already beset with difficulties. On the positive side, some developing countries may be able to take advantage of this situation to increase local production. An increase in the price of imported goods can spur the development of the local agricultural and industrial sectors. Investments in sustainable agriculture, for example, can reduce dependence on imports and improve food security. The end result is clear that, although global inflation may provide some opportunities, its negative impact on developing country economies is much greater. Formulating responsive and adaptive economic policies is very necessary to overcome this challenge. Developing countries must invest in strengthening the agricultural sector, economic diversification, and financial stabilization to mitigate the impact of global inflation. Massive response to global inflation will not only protect their economies, but also increase societal stability and prosperity.