Iceland vs Paraguay: Inflation, consumer prices
Iceland
4.1%
in 2025
Paraguay
4.0%
in 2025
Iceland rank
59th
Paraguay rank
62nd
Inflation, consumer prices over time
- Iceland
- Paraguay
How they compare
Iceland currently reports 4.1% against 4.0% in Paraguay, a difference of 0.1%.
The two have swapped places 11 times across 66 shared years of data; in 1960 it was Paraguay ahead.
Iceland ranks 59th and Paraguay ranks 62nd of 192 countries.
Across the 7 decades both report, Iceland averaged higher in 4 and Paraguay in 3.
Head to head by decade
| Decade | Iceland | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 10.8% | 4.3% | 6.5% | Iceland |
| 1970s | 29.4% | 11.1% | 18.3% | Iceland |
| 1980s | 39.4% | 20.2% | 19.2% | Iceland |
| 1990s | 4.2% | 16.4% | 12.1% | Paraguay |
| 2000s | 6.2% | 8.3% | 2.0% | Paraguay |
| 2010s | 3.1% | 4.2% | 1.1% | Paraguay |
| 2020s | 5.7% | 4.8% | 0.9% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher inflation, consumer prices, Iceland or Paraguay?
- Iceland, at 4.1% against 4.0% in Paraguay as of 2025.
- What is the difference in inflation, consumer prices between Iceland and Paraguay?
- 0.1%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Paraguay?
- 66 years are reported by both, from 1960 to 2025.
- How do Iceland and Paraguay rank globally for inflation, consumer prices?
- Iceland ranks 59th and Paraguay ranks 62nd of 192 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Inflation, consumer prices (annual %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.