Inflation, GDP deflator in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Inflation, GDP deflator was 4.9% in 2025. ◆ Volatile
Inflation, GDP deflator in Latin America & Caribbean (excluding high income), 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
Latin America & Caribbean (excluding high income) recorded 4.9% for inflation, gdp deflator in 2025.
That represents a change of up 7.4% on the previous year and up 50.6% over ten years.
Over the whole period, inflation, gdp deflator in Latin America & Caribbean (excluding high income) peaked at 25.1% in 1990 and was at its lowest, 2.5%, in 2018.
That places Latin America & Caribbean (excluding high income) 5th out of 47 groups with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Latin America & Caribbean (excluding high income), year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 3.1% | — |
| 1962 | 3.0% | -2.9% |
| 1963 | 3.2% | +6.6% |
| 1964 | 5.2% | +60.9% |
| 1965 | 3.0% | -42.0% |
| 1966 | 4.3% | +43.9% |
| 1967 | 3.2% | -26.4% |
| 1968 | 2.7% | -13.7% |
| 1969 | 2.9% | +7.9% |
| 1970 | 4.0% | +34.3% |
| 1971 | 5.2% | +31.9% |
| 1972 | 6.5% | +23.5% |
| 1973 | 14.6% | +126.1% |
| 1974 | 22.5% | +54.0% |
| 1975 | 14.3% | -36.4% |
| 1976 | 10.0% | -30.3% |
| 1977 | 13.8% | +39.0% |
| 1978 | 10.4% | -24.8% |
| 1979 | 15.6% | +50.3% |
| 1980 | 20.4% | +30.7% |
| 1981 | 10.0% | -50.9% |
| 1982 | 5.6% | -44.7% |
| 1983 | 7.8% | +40.2% |
| 1984 | 19.0% | +143.8% |
| 1985 | 10.0% | -47.5% |
| 1986 | 9.4% | -5.9% |
| 1987 | 10.8% | +15.3% |
| 1988 | 12.1% | +11.4% |
| 1989 | 12.1% | +0.6% |
| 1990 | 25.1% | +107.1% |
| 1991 | 17.7% | -29.6% |
| 1992 | 13.2% | -25.4% |
| 1993 | 12.2% | -7.4% |
| 1994 | 11.7% | -4.1% |
| 1995 | 10.9% | -6.8% |
| 1996 | 8.9% | -18.6% |
| 1997 | 5.7% | -35.9% |
| 1998 | 5.4% | -5.9% |
| 1999 | 3.8% | -29.5% |
| 2000 | 6.0% | +59.5% |
| 2001 | 6.5% | +7.1% |
| 2002 | 5.5% | -15.0% |
| 2003 | 5.8% | +4.7% |
| 2004 | 7.3% | +26.4% |
| 2005 | 5.9% | -18.4% |
| 2006 | 6.8% | +14.0% |
| 2007 | 6.4% | -4.9% |
| 2008 | 8.8% | +36.3% |
| 2009 | 3.6% | -58.4% |
| 2010 | 5.4% | +48.7% |
| 2011 | 6.4% | +17.8% |
| 2012 | 4.5% | -28.9% |
| 2013 | 3.4% | -26.1% |
| 2014 | 2.9% | -14.9% |
| 2015 | 3.2% | +12.9% |
| 2016 | 3.6% | +12.4% |
| 2017 | 3.9% | +7.8% |
| 2018 | 2.5% | -36.7% |
| 2019 | 3.4% | +35.7% |
| 2020 | 2.9% | -14.5% |
| 2021 | 6.6% | +130.2% |
| 2022 | 8.0% | +21.4% |
| 2023 | 6.0% | -24.6% |
| 2024 | 4.5% | -25.2% |
| 2025 | 4.9% | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.4% | 2.7% | 5.2% | 9 |
| 1970s | 11.7% | 4.0% | 22.5% | 10 |
| 1980s | 11.7% | 5.6% | 20.4% | 10 |
| 1990s | 11.5% | 3.8% | 25.1% | 10 |
| 2000s | 6.3% | 3.6% | 8.8% | 10 |
| 2010s | 3.9% | 2.5% | 6.4% | 10 |
| 2020s | 5.5% | 2.9% | 8.0% | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
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, gdp deflator in Latin America & Caribbean (excluding high income)?
- Inflation, gdp deflator in Latin America & Caribbean (excluding high income) was 4.9% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 25.1% in 1990.
- What is the lowest inflation, gdp deflator recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 2.5% in 2018.
- How does Latin America & Caribbean (excluding high income) rank for inflation, gdp deflator?
- Latin America & Caribbean (excluding high income) ranks 5th out of 47 groups with data for 2025.
- Is inflation, gdp deflator rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 50.6%. 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 Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.