Inflation, consumer prices in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Inflation, consumer prices was 3.2% in 2025. ◆ Volatile
Inflation, consumer prices in Latin America & Caribbean (excluding high income), 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
Latin America & Caribbean (excluding high income) recorded 3.2% for inflation, consumer prices in 2025.
The figure is down 17.3% on the previous year and up 0.4% over ten years.
Over the whole period, inflation, consumer prices in Latin America & Caribbean (excluding high income) peaked at 24.2% in 1991 and was at its lowest, 2.1%, in 1962.
Latin America & Caribbean (excluding high income) ranks 23rd of 47 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in Latin America & Caribbean (excluding high income), year by year
| Year | annual % | Change |
|---|---|---|
| 1960 | 2.9% | — |
| 1961 | 3.8% | +32.3% |
| 1962 | 2.1% | -45.7% |
| 1963 | 2.1% | +2.2% |
| 1964 | 4.0% | +92.3% |
| 1965 | 2.9% | -29.1% |
| 1966 | 3.5% | +23.9% |
| 1967 | 3.0% | -14.9% |
| 1968 | 2.5% | -15.9% |
| 1969 | 2.3% | -11.2% |
| 1970 | 4.0% | +75.5% |
| 1971 | 5.0% | +25.2% |
| 1972 | 5.4% | +9.6% |
| 1973 | 12.9% | +138.4% |
| 1974 | 22.7% | +75.4% |
| 1975 | 14.7% | -35.2% |
| 1976 | 9.9% | -32.5% |
| 1977 | 11.2% | +12.7% |
| 1978 | 10.7% | -4.7% |
| 1979 | 15.2% | +42.8% |
| 1980 | 18.8% | +23.3% |
| 1981 | 13.3% | -29.3% |
| 1982 | 7.6% | -42.4% |
| 1983 | 10.2% | +34.0% |
| 1984 | 11.5% | +12.3% |
| 1985 | 22.3% | +94.0% |
| 1986 | 18.7% | -16.3% |
| 1987 | 13.6% | -27.5% |
| 1988 | 10.8% | -20.1% |
| 1989 | 14.3% | +32.3% |
| 1990 | 23.3% | +62.8% |
| 1991 | 24.2% | +3.9% |
| 1992 | 12.1% | -50.2% |
| 1993 | 11.8% | -2.0% |
| 1994 | 10.9% | -8.2% |
| 1995 | 12.5% | +15.5% |
| 1996 | 11.1% | -11.8% |
| 1997 | 7.1% | -35.4% |
| 1998 | 6.6% | -7.4% |
| 1999 | 4.9% | -26.5% |
| 2000 | 7.1% | +45.3% |
| 2001 | 6.6% | -6.7% |
| 2002 | 5.1% | -22.1% |
| 2003 | 5.5% | +6.4% |
| 2004 | 5.3% | -2.9% |
| 2005 | 4.9% | -8.0% |
| 2006 | 4.3% | -12.4% |
| 2007 | 5.8% | +37.0% |
| 2008 | 9.2% | +58.0% |
| 2009 | 2.6% | -71.9% |
| 2010 | 3.9% | +48.9% |
| 2011 | 5.8% | +50.2% |
| 2012 | 4.1% | -29.1% |
| 2013 | 2.8% | -32.7% |
| 2014 | 3.4% | +24.2% |
| 2015 | 3.2% | -8.2% |
| 2016 | 2.8% | -10.6% |
| 2017 | 3.4% | +19.2% |
| 2018 | 3.4% | +1.2% |
| 2019 | 2.5% | -26.4% |
| 2020 | 2.5% | +0.9% |
| 2021 | 4.3% | +69.1% |
| 2022 | 8.8% | +106.3% |
| 2023 | 5.1% | -42.3% |
| 2024 | 3.8% | -24.6% |
| 2025 | 3.2% | -17.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.9% | 2.1% | 4.0% | 10 |
| 1970s | 11.2% | 4.0% | 22.7% | 10 |
| 1980s | 14.1% | 7.6% | 22.3% | 10 |
| 1990s | 12.4% | 4.9% | 24.2% | 10 |
| 2000s | 5.6% | 2.6% | 9.2% | 10 |
| 2010s | 3.5% | 2.5% | 5.8% | 10 |
| 2020s | 4.6% | 2.5% | 8.8% | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 20 Ukraine 12.7% compare
- 21 Gambia 11.6% compare
- 22 Kazakhstan 11.4% compare
- 23 Sao Tome and Principe 11.0% compare
- 24 Palestine, State of 9.8% compare
- 25 Suriname 9.2% compare
- 26 Myanmar 8.8% compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is inflation, consumer prices in Latin America & Caribbean (excluding high income)?
- Inflation, consumer prices in Latin America & Caribbean (excluding high income) was 3.2% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 24.2% in 1991.
- What is the lowest inflation, consumer prices recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 2.1% in 1962.
- How does Latin America & Caribbean (excluding high income) rank for inflation, consumer prices?
- Latin America & Caribbean (excluding high income) ranks 23rd out of 47 groups with data for 2025.
- Is inflation, consumer prices rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 0.4%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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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.