Inflation, consumer prices in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Inflation, consumer prices was 2.3% in 2025. ◆ Volatile
Inflation, consumer prices in Latin America & the Caribbean (IDA & IBRD countries), 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2025, inflation, consumer prices in Latin America & the Caribbean (IDA & IBRD countries) stood at 2.3%.
The figure is down 36.4% on the previous year and down 21.1% over ten years.
Over the whole period, inflation, consumer prices in Latin America & the Caribbean (IDA & IBRD countries) peaked at 23.8% in 1974 and was at its lowest, 1.8%, in 2020.
That places Latin America & the Caribbean (IDA & IBRD countries) 36th out of 47 groups with data for 2025, putting it 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 & the Caribbean (IDA & IBRD countries), year by year
| Year | annual % | Change |
|---|---|---|
| 1960 | 2.1% | — |
| 1961 | 2.4% | +16.9% |
| 1962 | 2.1% | -13.6% |
| 1963 | 2.9% | +39.5% |
| 1964 | 3.3% | +13.4% |
| 1965 | 2.6% | -20.8% |
| 1966 | 3.5% | +32.4% |
| 1967 | 2.6% | -26.0% |
| 1968 | 4.0% | +56.5% |
| 1969 | 2.5% | -37.2% |
| 1970 | 4.3% | +70.0% |
| 1971 | 5.0% | +15.1% |
| 1972 | 6.5% | +31.5% |
| 1973 | 13.8% | +111.9% |
| 1974 | 23.8% | +72.4% |
| 1975 | 16.9% | -29.0% |
| 1976 | 9.9% | -41.2% |
| 1977 | 11.2% | +12.7% |
| 1978 | 10.4% | -7.5% |
| 1979 | 14.8% | +42.7% |
| 1980 | 18.1% | +22.2% |
| 1981 | 14.2% | -21.4% |
| 1982 | 8.4% | -40.8% |
| 1983 | 10.9% | +30.0% |
| 1984 | 11.7% | +7.5% |
| 1985 | 16.9% | +43.9% |
| 1986 | 13.5% | -20.2% |
| 1987 | 12.9% | -4.0% |
| 1988 | 9.5% | -26.2% |
| 1989 | 12.9% | +34.9% |
| 1990 | 21.9% | +69.6% |
| 1991 | 22.2% | +1.7% |
| 1992 | 11.6% | -47.6% |
| 1993 | 10.8% | -7.3% |
| 1994 | 10.7% | -0.7% |
| 1995 | 11.1% | +3.8% |
| 1996 | 9.8% | -12.0% |
| 1997 | 7.1% | -27.0% |
| 1998 | 5.3% | -26.3% |
| 1999 | 3.5% | -33.8% |
| 2000 | 4.8% | +36.6% |
| 2001 | 5.3% | +11.4% |
| 2002 | 4.2% | -20.1% |
| 2003 | 4.5% | +7.2% |
| 2004 | 4.5% | -2.1% |
| 2005 | 4.7% | +5.6% |
| 2006 | 4.3% | -8.6% |
| 2007 | 5.5% | +29.1% |
| 2008 | 8.4% | +51.5% |
| 2009 | 2.8% | -67.1% |
| 2010 | 4.0% | +45.0% |
| 2011 | 5.5% | +36.3% |
| 2012 | 4.1% | -24.1% |
| 2013 | 2.7% | -33.8% |
| 2014 | 3.4% | +24.9% |
| 2015 | 2.9% | -14.7% |
| 2016 | 2.5% | -13.2% |
| 2017 | 2.8% | +11.2% |
| 2018 | 2.3% | -17.7% |
| 2019 | 2.1% | -9.8% |
| 2020 | 1.8% | -15.7% |
| 2021 | 4.3% | +141.1% |
| 2022 | 8.3% | +94.2% |
| 2023 | 4.7% | -43.1% |
| 2024 | 3.6% | -23.0% |
| 2025 | 2.3% | -36.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.8% | 2.1% | 4.0% | 10 |
| 1970s | 11.6% | 4.3% | 23.8% | 10 |
| 1980s | 12.9% | 8.4% | 18.1% | 10 |
| 1990s | 11.4% | 3.5% | 22.2% | 10 |
| 2000s | 4.9% | 2.8% | 8.4% | 10 |
| 2010s | 3.2% | 2.1% | 5.5% | 10 |
| 2020s | 4.2% | 1.8% | 8.3% | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 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 & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is inflation, consumer prices in Latin America & the Caribbean (IDA & IBRD countries)?
- Inflation, consumer prices in Latin America & the Caribbean (IDA & IBRD countries) 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 23.8% in 1974.
- What is the lowest inflation, consumer prices recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 1.8% in 2020.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for inflation, consumer prices?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 36th out of 47 groups with data for 2025.
- Is inflation, consumer prices rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is down 21.1%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.