The impact of global inflation on developing country economies has significant and multifaceted implications. Rising inflation in developed countries can trigger a spike in the prices of goods and services around the world. Developing countries, which often depend on imports of raw materials and capital goods, are especially vulnerable to these price changes. First, rising commodity prices due to global inflation cause greater financial burdens for developing countries. As raw material costs increase, local industries may experience declining profit margins. This could result in reduced investment, production stagnation, and even layoffs, further worsening economic conditions. Second, global inflation often affects currency exchange rates. Developing countries with weak economic fundamentals can experience currency depreciation, which has increasingly negative consequences. A weakening currency can increase the cost of foreign-denominated external debt, thereby increasing the budget deficit and forcing the government to increase taxes or reduce public spending. Furthermore, global inflation also contributes to rising interest rates. Central banks in developing countries may respond to surging inflation by raising interest rates to curb domestic inflation. However, higher interest rates can slow economic growth, as rising borrowing costs limit the ability of companies and consumers to invest in new projects. Apart from that, inflation can affect people’s purchasing power. Rising prices of basic goods such as food and energy can lead to a cost of living crisis, which is more pronounced among low-income people. As a result, social discontent may increase, potentially leading to political instability and protests. On the positive side, developing countries rich in natural resources can take advantage of rising commodity prices to increase export earnings. Countries that have superior products such as oil, gas and metal ores may be recorded in better condition. However, dependence on natural resources can plunge these countries into a “resource” trap, where economic diversification is neglected. The use of appropriate fiscal and monetary policies is the key for developing countries in overcoming the negative impact of global inflation. Governments and central banks must design careful strategies to balance growth and price stability. Investments in infrastructure and education are also important to drive long-term growth and increase economic resilience. Finally, international collaboration and support from global financial institutions such as the IMF and World Bank are needed. Technical and financial assistance can help developing countries overcome challenges arising from global inflation, and strengthen their economic resilience in the future. With a holistic approach, these countries can ensure that the impact of global inflation is no longer an obstacle to economic growth and social prosperity.