Inflation rate in Latin America and the Caribbean 2029

Published by
Aaron O'Neill,
Jan 9, 2025

This statistic shows the average inflation rate in Latin America and the Caribbean from 2019 to 2023, with projections up until 2029. In 2023, the average inflation rate in Latin America and the Caribbean amounted to about 14.78 percent compared to the previous year.

Latin America and the Caribbean: Inflation rate from 2019 to 2029 (compared to the previous year)

CharacteristicInflation rate compared to previous year
2029* 3.61%
2028* 3.75%
2027* 4.44%
2026* 5.74%
2025* 8.49%
2024* 16.75%
2023 14.78%
2022 14.22%
2021 9.92%
2020 6.47%
2019 7.64%
Showing entries 1 to 11 (11 entries in total)
Created with Highcharts 7.2.2Inflation rate compared to previous year7.64%7.64%6.47%6.47%9.92%9.92%14.22%14.22%14.78%14.78%16.75%16.75%8.49%8.49%5.74%5.74%4.44%4.44%3.75%3.75%3.61%3.61%201920202021202220232024*2025*2026*2027*2028*2029*
0%2.5%5%7.5%10%12.5%15%17.5%20%

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Release date

October 2024

Region

LAC

Survey time period

2019 to 2023

Supplementary notes

* Estimate.

Figures have been rounded.

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Statistics on " Latin America and the Caribbean "

Other statistics that may interest you Latin America and the Caribbean

Overview

8

Mexico

6

Costa Rica

6

El Salvador

6

Guatemala

6

Honduras

6

Nicaragua

6

Panama

6

Dominican Republic

6

Cuba

4

Puerto Rico

4

Argentina

6

Bolivia

6

Brazil

6

Chile

6

Ecuador

6

Colombia

6

Paraguay

6

Peru

6

Uruguay

6

Venezuela

6

International comparison

8

Further related statistics

10

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Statistics

Topics

Inflation worldwideGross Domestic Product (GDP) worldwideInflation in the U.S.StagflationInflation in Europe
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