Paraguay 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.
  • Paraguay inflation rate for 2022 was 9.77%, a 4.98% increase from 2021.
  • Paraguay inflation rate for 2021 was 4.79%, a 3.02% increase from 2020.
  • Paraguay inflation rate for 2020 was 1.77%, a 0.99% decline from 2019.
  • Paraguay inflation rate for 2019 was 2.76%, a 1.22% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Turkey 72.31%
Suriname 52.45%
Bulgaria 15.33%
Belarus 15.21%
North Macedonia 14.20%
Bosnia 14.02%
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%
Namibia 6.08%
Thailand 6.08%
St. Vincent and the Grenadines 5.66%
Iraq 4.99%
Equatorial Guinea 4.79%
Fiji 4.52%
Gabon 4.23%
Jordan 4.23%
Ecuador 3.47%
Malaysia 3.38%
Maldives 2.33%
China 1.97%
Paraguay Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 9.77% 4.98%
2021 4.79% 3.02%
2020 1.77% -0.99%
2019 2.76% -1.22%
2018 3.98% 0.37%
2017 3.60% -0.48%
2016 4.09% 0.96%
2015 3.13% -1.90%
2014 5.03% 2.34%
2013 2.68% -0.99%
2012 3.68% -4.58%
2011 8.25% 3.60%
2010 4.65% 2.06%
2009 2.59% -7.56%
2008 10.15% 2.02%
2007 8.13% -1.46%
2006 9.59% 2.78%
2005 6.81% 2.48%
2004 4.32% -9.91%
2003 14.24% 3.73%
2002 10.51% 3.24%
2001 7.27% -1.71%
2000 8.98% 2.23%
1999 6.75% -4.80%
1998 11.55% 4.60%
1997 6.95% -2.85%
1996 9.80% -3.63%
1995 13.43% -7.14%
1994 20.57% 2.36%
1993 18.21% 3.02%
1992 15.19% -9.03%
1991 24.23% -13.03%
1990 37.26% 10.84%
1989 26.42% 3.83%
1988 22.59% 0.78%
1987 21.81% -9.93%
1986 31.74% 6.53%
1985 25.21% 4.90%
1984 20.31% 6.88%
1983 13.43% 8.31%
1982 5.12% -7.85%
1981 12.97% -9.47%
1980 22.45% -5.71%
1979 28.16% 17.50%
1978 10.66% 1.30%
1977 9.36% 4.89%
1976 4.47% -2.22%
1975 6.69% -18.54%
1974 25.23% 12.44%
1973 12.80% 3.62%
1972 9.18% 4.23%
1971 4.95% 5.81%
1970 -0.86% -3.11%
1969 2.25% 1.54%
1968 0.71% -0.66%
1967 1.37% -1.51%
1966 2.87% -0.99%
1965 3.86% 2.49%
1964 1.37% -0.73%
1963 2.10% 0.68%
1962 1.42% -17.07%
1961 18.49% 10.31%
1960 8.18% 10.31%