Guatemala Inflation Rate 1960-2023

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 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.
  • Guatemala inflation rate for 2018 was 3.75%, a 0.67% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 154.76%
Suriname 59.11%
Iran 43.39%
Turkey 19.60%
Belarus 9.46%
Brazil 8.30%
Dominican Republic 8.24%
Botswana 7.24%
Algeria 7.23%
Armenia 7.18%
Russia 6.69%
Azerbaijan 6.65%
Iraq 6.04%
Jamaica 5.86%
Mexico 5.69%
Tonga 5.64%
Romania 5.05%
Guyana 5.03%
Paraguay 4.79%
South Africa 4.61%
Peru 4.27%
Guatemala 4.26%
Serbia 4.09%
Mauritius 4.03%
Namibia 3.62%
Colombia 3.50%
Bulgaria 3.30%
Belize 3.24%
North Macedonia 3.23%
Samoa 3.13%
Malaysia 2.48%
Montenegro 2.41%
St. Lucia 2.41%
Albania 2.04%
Bosnia 1.98%
Costa Rica 1.73%
St. Vincent and the Grenadines 1.57%
Jordan 1.35%
Thailand 1.23%
Grenada 1.22%
China 0.98%
Maldives 0.54%
Fiji 0.16%
Ecuador 0.13%
Guatemala Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%