Inflation, consumer prices in Latin America & Caribbean
Latin America & Caribbean: Inflation, consumer prices was 2.3% in 2025. ◆ Volatile
Inflation, consumer prices in Latin America & Caribbean, 1967–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2025, inflation, consumer prices in Latin America & Caribbean stood at 2.3%.
That represents a change of down 33.4% on the previous year and up 24.0% over ten years.
Over the whole period, inflation, consumer prices in Latin America & Caribbean peaked at 23.2% in 1974 and was at its lowest, 1.5%, in 2020.
Latin America & Caribbean ranks 36th of 47 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in Latin America & Caribbean, year by year
| Year | annual % | Change |
|---|---|---|
| 1967 | 3.0% | — |
| 1968 | 4.1% | +35.7% |
| 1969 | 2.6% | -35.8% |
| 1970 | 4.7% | +76.9% |
| 1971 | 4.8% | +2.8% |
| 1972 | 6.7% | +39.4% |
| 1973 | 13.6% | +104.1% |
| 1974 | 23.2% | +70.7% |
| 1975 | 16.8% | -27.8% |
| 1976 | 9.8% | -41.6% |
| 1977 | 10.7% | +9.1% |
| 1978 | 10.3% | -3.6% |
| 1979 | 14.7% | +42.8% |
| 1980 | 17.9% | +21.7% |
| 1981 | 14.0% | -21.6% |
| 1982 | 7.8% | -44.4% |
| 1983 | 10.2% | +31.1% |
| 1984 | 11.5% | +12.3% |
| 1985 | 13.0% | +12.6% |
| 1986 | 9.8% | -24.7% |
| 1987 | 11.5% | +18.2% |
| 1988 | 8.0% | -30.6% |
| 1989 | 11.4% | +42.4% |
| 1990 | 21.5% | +88.5% |
| 1991 | 21.6% | +0.5% |
| 1992 | 10.6% | -50.8% |
| 1993 | 10.3% | -3.4% |
| 1994 | 9.7% | -5.5% |
| 1995 | 10.2% | +5.1% |
| 1996 | 7.4% | -27.8% |
| 1997 | 6.9% | -5.6% |
| 1998 | 5.1% | -26.5% |
| 1999 | 3.5% | -32.4% |
| 2000 | 4.6% | +33.4% |
| 2001 | 4.1% | -12.0% |
| 2002 | 4.0% | -2.6% |
| 2003 | 3.7% | -5.5% |
| 2004 | 4.4% | +17.3% |
| 2005 | 4.4% | +1.4% |
| 2006 | 4.3% | -4.2% |
| 2007 | 4.6% | +7.7% |
| 2008 | 8.1% | +77.1% |
| 2009 | 2.5% | -69.2% |
| 2010 | 3.5% | +39.6% |
| 2011 | 4.9% | +39.7% |
| 2012 | 3.8% | -22.5% |
| 2013 | 2.5% | -33.1% |
| 2014 | 3.4% | +33.8% |
| 2015 | 1.9% | -45.0% |
| 2016 | 1.7% | -11.3% |
| 2017 | 2.2% | +32.8% |
| 2018 | 2.4% | +8.6% |
| 2019 | 2.2% | -8.3% |
| 2020 | 1.5% | -31.5% |
| 2021 | 3.9% | +159.6% |
| 2022 | 8.1% | +108.5% |
| 2023 | 4.6% | -42.7% |
| 2024 | 3.5% | -25.2% |
| 2025 | 2.3% | -33.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.2% | 2.6% | 4.1% | 3 |
| 1970s | 11.5% | 4.7% | 23.2% | 10 |
| 1980s | 11.5% | 7.8% | 17.9% | 10 |
| 1990s | 10.7% | 3.5% | 21.6% | 10 |
| 2000s | 4.5% | 2.5% | 8.1% | 10 |
| 2010s | 2.8% | 1.7% | 4.9% | 10 |
| 2020s | 4.0% | 1.5% | 8.1% | 6 |
Countries ranked near Latin America & Caribbean
- 33 Yemen 8.1% compare
- 34 Madagascar 8.1% compare
- 35 Republic of Moldova 7.8% compare
- 36 Lao People's Democratic Republic 7.7% compare
- 37 Sierra Leone 7.5% compare
- 38 Romania 7.2% compare
- 39 Belarus 6.6% compare
More economy & growth data for Latin America & Caribbean
- Final consumption expenditure (current US$), per unit of GDP 0.8191 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), per unit of GDP 0.2615 current US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.683 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), annual growth rate 2.44 % change on previous year (2025)
- Final consumption expenditure (current US$), per capita 9,089 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,410 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5777 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per capita 7,578 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 4.18 % change on previous year (2025)
Frequently asked questions
- What is inflation, consumer prices in Latin America & Caribbean?
- Inflation, consumer prices in Latin America & Caribbean was 2.3% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in Latin America & Caribbean?
- The highest recorded value was 23.2% in 1974.
- What is the lowest inflation, consumer prices recorded in Latin America & Caribbean?
- The lowest recorded value was 1.5% in 2020.
- How does Latin America & Caribbean rank for inflation, consumer prices?
- Latin America & Caribbean ranks 36th out of 47 groups with data for 2025.
- Is inflation, consumer prices rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 24.0%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean 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.
Download this data
CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.