Inflation, GDP deflator in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Inflation, GDP deflator was 4.3% in 2025. ◆ Volatile
Inflation, GDP deflator in Latin America & the Caribbean (IDA & IBRD countries), 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 4.3% for inflation, gdp deflator in 2025.
The figure is up 6.2% on the previous year and up 44.2% over ten years.
Over the whole period, inflation, gdp deflator in Latin America & the Caribbean (IDA & IBRD countries) peaked at 24.5% in 1974 and was at its lowest, 2.2%, in 2018.
That places Latin America & the Caribbean (IDA & IBRD countries) 10th out of 47 groups with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 2.8% | — |
| 1962 | 3.1% | +10.9% |
| 1963 | 3.5% | +11.2% |
| 1964 | 4.2% | +21.1% |
| 1965 | 2.6% | -38.4% |
| 1966 | 3.6% | +40.8% |
| 1967 | 3.3% | -9.2% |
| 1968 | 3.7% | +11.3% |
| 1969 | 3.3% | -9.2% |
| 1970 | 4.1% | +22.2% |
| 1971 | 5.2% | +28.2% |
| 1972 | 6.8% | +30.8% |
| 1973 | 15.8% | +130.5% |
| 1974 | 24.5% | +55.4% |
| 1975 | 16.2% | -33.7% |
| 1976 | 10.0% | -38.6% |
| 1977 | 14.3% | +43.0% |
| 1978 | 9.0% | -36.7% |
| 1979 | 15.4% | +70.4% |
| 1980 | 20.4% | +33.0% |
| 1981 | 11.4% | -44.2% |
| 1982 | 7.2% | -37.2% |
| 1983 | 7.8% | +8.6% |
| 1984 | 16.1% | +107.1% |
| 1985 | 10.0% | -38.2% |
| 1986 | 9.4% | -5.9% |
| 1987 | 10.1% | +8.1% |
| 1988 | 12.7% | +25.5% |
| 1989 | 12.1% | -4.7% |
| 1990 | 18.5% | +52.9% |
| 1991 | 17.7% | -4.6% |
| 1992 | 11.3% | -36.1% |
| 1993 | 8.8% | -22.0% |
| 1994 | 11.7% | +33.0% |
| 1995 | 10.9% | -6.8% |
| 1996 | 3.9% | -64.0% |
| 1997 | 4.9% | +25.0% |
| 1998 | 4.9% | +0.2% |
| 1999 | 3.8% | -22.5% |
| 2000 | 5.6% | +46.8% |
| 2001 | 4.8% | -13.9% |
| 2002 | 3.5% | -28.0% |
| 2003 | 5.3% | +53.4% |
| 2004 | 7.0% | +31.8% |
| 2005 | 6.7% | -5.1% |
| 2006 | 6.8% | +1.6% |
| 2007 | 6.6% | -2.2% |
| 2008 | 8.8% | +32.5% |
| 2009 | 3.6% | -59.0% |
| 2010 | 5.6% | +55.0% |
| 2011 | 5.8% | +3.9% |
| 2012 | 4.5% | -21.6% |
| 2013 | 3.0% | -34.8% |
| 2014 | 2.5% | -14.1% |
| 2015 | 3.0% | +18.1% |
| 2016 | 2.7% | -9.9% |
| 2017 | 3.7% | +35.6% |
| 2018 | 2.2% | -40.1% |
| 2019 | 2.6% | +20.0% |
| 2020 | 2.2% | -16.4% |
| 2021 | 4.9% | +123.2% |
| 2022 | 7.3% | +48.1% |
| 2023 | 4.7% | -35.8% |
| 2024 | 4.1% | -12.8% |
| 2025 | 4.3% | +6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.3% | 2.6% | 4.2% | 9 |
| 1970s | 12.1% | 4.1% | 24.5% | 10 |
| 1980s | 11.7% | 7.2% | 20.4% | 10 |
| 1990s | 9.7% | 3.8% | 18.5% | 10 |
| 2000s | 5.9% | 3.5% | 8.8% | 10 |
| 2010s | 3.6% | 2.2% | 5.8% | 10 |
| 2020s | 4.6% | 2.2% | 7.3% | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
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, gdp deflator in Latin America & the Caribbean (IDA & IBRD countries)?
- Inflation, gdp deflator in Latin America & the Caribbean (IDA & IBRD countries) was 4.3% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 24.5% in 1974.
- What is the lowest inflation, gdp deflator recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 2.2% in 2018.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for inflation, gdp deflator?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 10th out of 47 groups with data for 2025.
- Is inflation, gdp deflator rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 44.2%. 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 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.