Latin America & Caribbean Inflation Rate 1967-2022
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 2021 was 4.26%, a 2.88% increase from 2020.
- Latin America & Caribbean inflation rate for 2020 was 1.38%, a 0.99% decline from 2019.
- Latin America & Caribbean inflation rate for 2019 was 2.37%, a 0.01% decline from 2018.
- Latin America & Caribbean inflation rate for 2018 was 2.38%, a 0.07% increase from 2017.
| Latin America & Caribbean Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2021 |
4.26% |
2.88% |
| 2020 |
1.38% |
-0.99% |
| 2019 |
2.37% |
-0.01% |
| 2018 |
2.38% |
0.07% |
| 2017 |
2.31% |
0.62% |
| 2016 |
1.69% |
-0.44% |
| 2015 |
2.13% |
-1.27% |
| 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 |
11.84% |
-3.22% |
| 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% |
