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 2023 was 4.63%, a 5.13% decline from 2022.
  • 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.
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%
Paraguay Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 4.63% -5.13%
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%