Global inflation has a significant impact on developing country economies, creating complex challenges and opportunities. One of the main impacts is an increase in the cost of goods and services. When inflation occurs in developed countries, commodity prices such as oil and food are often affected, which directly affects the cost of living in developing countries. It becomes more difficult for people to meet basic needs, which can lead to increasing levels of poverty. Currency instability is also an inevitable problem. Inflation in developed countries usually has an impact on the currency exchange rates of developing countries. When the exchange rate weakens, import costs will increase, burdening the domestic economy. Business actors often face challenges in importing raw materials and capital goods, which can hinder the growth of local industry. Additionally, global inflation can exacerbate economic uncertainty. Foreign investors tend to be more cautious when facing runaway inflation, reducing investment flows to developing countries. The existence of foreign investment is very important for infrastructure development and job creation. With declining interest in investment, important projects can be hampered, which means the potential for economic growth also decreases. On the positive side, inflation can encourage developing countries to accelerate economic reforms and fiscal policies. The challenge of inflation forces governments to look for more innovative and sustainable solutions, such as economic diversification and development of local resources. Such efforts can lead to sustainable growth and increase economic resilience in the long term. Global inflation also contributes to rising interest rates. Central banks in developing countries may be forced to raise interest rates in response to rising inflation. This could affect the lending sector, where businesses and individuals face higher borrowing costs. As a result, people’s purchasing power decreases, and consumption growth may slow. However, some developing countries may benefit from commodity price fluctuations. Countries rich in natural resources can experience a surge in income when commodity prices rise. This additional income can be used for investments in infrastructure, education, and health, which are important for long-term development. In a social context, global inflation can lead to public dissatisfaction and potential unrest. When prices of basic necessities soar, protests and social movements often emerge in response to economic injustice. The government must be vigilant and proactive in dealing with this problem so that social stability is maintained. So, the impact of global inflation on developing countries is two sides of the coin. On the one hand, inflation can worsen social and economic conditions, but on the other hand, it can also be a trigger for positive change. Developing countries need to develop adaptive and innovative strategies to reduce the negative impact of inflation while taking advantage of emerging opportunities, in order to adapt to continuously changing global conditions.