Peru 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.
  • Peru inflation rate for 2023 was 6.46%, a 1.88% decline from 2022.
  • Peru inflation rate for 2022 was 8.33%, a 4.06% increase from 2021.
  • Peru inflation rate for 2021 was 4.27%, a 2.27% increase from 2020.
  • Peru inflation rate for 2020 was 2.00%, a 0.25% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 221.34%
Turkey 53.86%
Iran 44.58%
Kazakhstan 14.73%
Serbia 12.37%
Colombia 11.74%
Romania 10.40%
Bulgaria 9.44%
North Macedonia 9.36%
Algeria 9.32%
Azerbaijan 8.79%
Montenegro 8.58%
Samoa 8.12%
Mauritius 7.05%
Jamaica 6.47%
Peru 6.46%
Tonga 6.35%
Guatemala 6.21%
South Africa 6.07%
Namibia 5.88%
Mexico 5.53%
Botswana 5.07%
Belarus 5.00%
Dominican Republic 4.79%
Paraguay 4.63%
Brazil 4.59%
St. Vincent and the Grenadines 4.56%
Belize 4.39%
St. Lucia 4.07%
Gabon 3.63%
Dominica 3.48%
Maldives 2.93%
Guyana 2.82%
Grenada 2.70%
Malaysia 2.49%
Libya 2.37%
Ecuador 2.22%
Jordan 2.08%
Armenia 1.98%
Thailand 1.23%
Costa Rica 0.53%
China 0.23%
Peru Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 6.46% -1.88%
2022 8.33% 4.06%
2021 4.27% 2.27%
2020 2.00% -0.25%
2019 2.25% 0.74%
2018 1.51% -1.49%
2017 2.99% -0.56%
2016 3.56% 0.16%
2015 3.40% -0.01%
2014 3.41% 0.64%
2013 2.77% -0.84%
2012 3.61% 0.24%
2011 3.37% 1.84%
2010 1.53% -1.41%
2009 2.94% -2.85%
2008 5.79% 4.01%
2007 1.78% -0.22%
2006 2.00% 0.39%
2005 1.62% -2.05%
2004 3.66% 1.40%
2003 2.26% 2.07%
2002 0.19% -1.78%
2001 1.98% -1.78%
2000 3.76% 0.29%
1999 3.47% -3.78%
1998 7.25% -1.31%
1997 8.56% -2.98%
1996 11.54% 0.41%
1995 11.13% -12.61%
1994 23.74% -24.84%
1993 48.58% -24.95%
1992 73.53% -336.00%
1991 409.53% -7072.13%
1990 7,481.66% 4082.98%
1989 3,398.68% 2731.66%
1988 667.02% 581.20%
1987 85.82% 7.90%
1986 77.92% -85.48%
1985 163.40% 53.19%
1984 110.21% -0.94%
1983 111.15% 46.70%
1982 64.45% -10.99%
1981 75.43% 16.29%
1980 59.15% -7.55%
1979 66.69% 8.85%
1978 57.85% 19.79%
1977 38.05% 4.57%
1976 33.48% 9.86%
1975 23.62% 6.73%
1974 16.89% 7.40%
1973 9.49% 2.27%
1972 7.22% 0.43%
1971 6.79% 1.77%
1970 5.03% -1.21%
1969 6.24% -12.85%
1968 19.09% 9.30%
1967 9.78% 0.94%
1966 8.84% -7.55%
1965 16.39% 6.60%
1964 9.79% 3.72%
1963 6.07% -0.57%
1962 6.64% 0.72%
1961 5.92% -2.75%
1960 8.66% -2.75%