Iceland vs Paraguay: Inflation of consumer prices
Iceland
4.1%
in 2025
Paraguay
4.0%
in 2025
Iceland rank
59th
Paraguay rank
62nd
Inflation of 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 190 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 of consumer prices, Iceland or Paraguay?
- Iceland, at 4.1% against 4.0% in Paraguay as of 2025.
- What is the difference in inflation of 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 of consumer prices?
- Iceland ranks 59th and Paraguay ranks 62nd of 190 countries.
- Where does this data come from?
- International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) β processed by Our World in Data, published as Inflation of consumer prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Annual changes in the cost to the average consumer of acquiring a set basket of goods and services. This measure is used to track changes in living costs over time.