Guatemala Inflation Rate 1960-2024

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.
  • Guatemala inflation rate for 2022 was 6.89%, a 2.62% increase from 2021.
  • Guatemala inflation rate for 2021 was 4.26%, a 1.05% increase from 2020.
  • Guatemala inflation rate for 2020 was 3.21%, a 0.49% decline from 2019.
  • Guatemala inflation rate for 2019 was 3.70%, a 0.05% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 171.21%
Turkey 72.31%
Suriname 52.45%
Iran 43.49%
Bulgaria 15.33%
Belarus 15.21%
North Macedonia 14.20%
Azerbaijan 13.85%
Romania 13.80%
Montenegro 13.04%
Serbia 11.98%
Botswana 11.67%
Tonga 10.97%
Samoa 10.96%
Mauritius 10.77%
Jamaica 10.35%
Colombia 10.18%
Paraguay 9.77%
Brazil 9.28%
Algeria 9.27%
Dominican Republic 8.81%
Armenia 8.64%
Peru 8.33%
Costa Rica 8.27%
Mexico 7.90%
South Africa 7.04%
Guatemala 6.89%
Albania 6.73%
St. Lucia 6.38%
Belize 6.28%
Guyana 6.12%
Namibia 6.08%
Thailand 6.08%
St. Vincent and the Grenadines 5.66%
Iraq 4.99%
Equatorial Guinea 4.79%
Fiji 4.52%
Libya 4.51%
Gabon 4.23%
Jordan 4.23%
Ecuador 3.47%
Malaysia 3.38%
Grenada 2.56%
Maldives 2.33%
China 1.97%
Bosnia 0.00%
Cuba 0.00%
Venezuela 0.00%
Kazakhstan 0.00%
Russia 0.00%
Tuvalu 0.00%
American Samoa 0.00%
Marshall Islands 0.00%
Nauru 0.00%
Turkmenistan 0.00%
Dominica 0.00%
Guatemala Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 6.89% 2.62%
2021 4.26% 1.05%
2020 3.21% -0.49%
2019 3.70% -0.05%
2018 3.75% -0.67%
2017 4.42% -0.02%
2016 4.45% 2.06%
2015 2.39% -1.03%
2014 3.42% -0.93%
2013 4.34% 0.56%
2012 3.78% -2.43%
2011 6.21% 2.35%
2010 3.86% 2.00%
2009 1.86% -9.50%
2008 11.36% 4.53%
2007 6.82% 0.26%
2006 6.56% -2.55%
2005 9.11% 1.53%
2004 7.58% 1.98%
2003 5.60% -2.53%
2002 8.13% 0.85%
2001 7.29% 1.31%
2000 5.98% 0.76%
1999 5.21% -1.40%
1998 6.61% -2.62%
1997 9.23% -1.82%
1996 11.06% 2.65%
1995 8.41% -2.44%
1994 10.86% -0.96%
1993 11.82% 1.77%
1992 10.05% -23.12%
1991 33.17% -8.06%
1990 41.22% 29.83%
1989 11.39% 0.55%
1988 10.83% -1.49%
1987 12.32% -24.61%
1986 36.93% 18.24%
1985 18.69% 15.28%
1984 3.41% -1.13%
1983 4.54% 4.23%
1982 0.31% -11.13%
1981 11.43% 0.61%
1980 10.82% -0.52%
1979 11.34% 3.06%
1978 8.29% -4.04%
1977 12.32% 1.60%
1976 10.73% -2.43%
1975 13.16% -3.34%
1974 16.49% 2.70%
1973 13.80% 13.27%
1972 0.53% 0.98%
1971 -0.45% -2.80%
1970 2.34% 0.25%
1969 2.10% 0.17%
1968 1.93% 1.44%
1967 0.49% -0.20%
1966 0.68% 1.48%
1965 -0.80% -0.61%
1964 -0.19% -0.35%
1963 0.15% -1.90%
1962 2.05% 2.61%
1961 -0.55% 0.64%
1960 -1.19% 0.64%