Latin America & Caribbean Inflation Rate 1967-2020

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. The Laspeyres formula is generally used.
  • Latin America & Caribbean inflation rate for 2019 was 2.76%, a 0.32% increase from 2018.
  • Latin America & Caribbean inflation rate for 2018 was 2.43%, a 0.12% increase from 2017.
  • Latin America & Caribbean inflation rate for 2017 was 2.31%, a 0.62% increase from 2016.
  • Latin America & Caribbean inflation rate for 2016 was 1.69%, a 0.01% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
South Asia 4.55%
Sub-Saharan Africa 2.78%
Latin America & Caribbean 2.76%
World 2.30%
North America 1.88%
East Asia & Pacific 1.77%
OECD members 1.74%
European Union 1.63%
Euro Area 1.45%
Latin America & Caribbean Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2019 2.76% 0.32%
2018 2.43% 0.12%
2017 2.31% 0.62%
2016 1.69% 0.01%
2015 1.68% -1.72%
2014 3.40% 0.79%
2013 2.61% -1.29%
2012 3.90% -1.14%
2011 5.04% 1.52%
2010 3.52% 0.93%
2009 2.59% -5.66%
2008 8.25% 3.27%
2007 4.99% 0.72%
2006 4.27% -0.42%
2005 4.69% 0.37%
2004 4.32% 0.51%
2003 3.81% 0.06%
2002 3.75% -0.61%
2001 4.36% -0.33%
2000 4.69% 1.22%
1999 3.47% -1.72%
1998 5.19% -1.86%
1997 7.05% -1.53%
1996 8.57% -2.09%
1995 10.66% 0.08%
1994 10.59% -0.16%
1993 10.75% -0.47%
1992 11.21% -10.57%
1991 21.78% 0.04%
1990 21.74% 10.31%
1989 11.43% 3.17%
1988 8.27% -4.06%
1987 12.32% 0.49%
1986 11.83% -3.23%
1985 15.06% 3.33%
1984 11.73% 0.81%
1983 10.91% 2.52%
1982 8.40% -6.05%
1981 14.45% -3.47%
1980 17.92% 3.20%
1979 14.72% 4.42%
1978 10.31% -0.38%
1977 10.69% 0.90%
1976 9.79% -6.98%
1975 16.77% -6.18%
1974 22.95% 9.33%
1973 13.62% 6.95%
1972 6.67% 1.89%
1971 4.78% 0.13%
1970 4.65% 2.02%
1969 2.63% -1.46%
1968 4.09% 1.08%
1967 3.02% 1.08%