Annual inflation, consumer prices in Latin America and the Caribbean
Latin America and the Caribbean: Annual inflation, consumer prices was 3.3% in 2024. ▼ Falling
Annual inflation, consumer prices in Latin America and the Caribbean, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual inflation, consumer prices in Latin America and the Caribbean is 3.3%, measured in 2024.
Compared with earlier readings it is down 28.8% on the previous year and up 13.7% over ten years.
Over the whole period, annual inflation, consumer prices in Latin America and the Caribbean peaked at 8.1% in 2008 and was at its lowest, 0.8%, in 2015.
That places Latin America and the Caribbean 13th out of 31 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Annual inflation, consumer prices in Latin America and the Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.7% | — |
| 2001 | 4.1% | -13.1% |
| 2002 | 3.8% | -7.5% |
| 2003 | 3.3% | -11.0% |
| 2004 | 4.3% | +29.5% |
| 2005 | 4.2% | -3.1% |
| 2006 | 4.2% | +0.7% |
| 2007 | 4.5% | +5.7% |
| 2008 | 8.1% | +81.0% |
| 2009 | 2.4% | -70.1% |
| 2010 | 3.4% | +41.3% |
| 2011 | 4.7% | +38.8% |
| 2012 | 3.7% | -21.8% |
| 2013 | 2.0% | -45.4% |
| 2014 | 2.9% | +43.7% |
| 2015 | 0.8% | -71.1% |
| 2016 | 1.3% | +53.2% |
| 2017 | 2.2% | +69.1% |
| 2018 | 2.3% | +6.0% |
| 2019 | 2.2% | -5.4% |
| 2020 | 1.1% | -49.1% |
| 2021 | 3.5% | +214.5% |
| 2022 | 7.4% | +111.6% |
| 2023 | 4.6% | -37.1% |
| 2024 | 3.3% | -28.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.3% | 2.4% | 8.1% | 10 |
| 2010s | 2.5% | 0.8% | 4.7% | 10 |
| 2020s | 4.0% | 1.1% | 7.4% | 5 |
Countries ranked near Latin America and the Caribbean
More development goals data for Latin America and the Caribbean
- Red List Index 0.7667 (2025)
- Number of refugees per 100,000 population, by country of origin 1,042 (2025)
- Manufacturing value added per capita 1,112 (2025)
- Number of transboundary breeds 348 (2025)
- Number of transboundary breeds (not extinct) 340 (2025)
- Number of transboundary breeds with unknown risk status 182 (2025)
- Number of local breeds with unknown risk status 452 (2025)
- Number of local breeds (not extinct) 569 (2025)
- Number of local breeds kept in the country 580 (2025)
- Infant deaths 123,123 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Latin America and the Caribbean?
- Annual inflation, consumer prices in Latin America and the Caribbean was 3.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Latin America and the Caribbean?
- The highest recorded value was 8.1% in 2008.
- What is the lowest annual inflation, consumer prices recorded in Latin America and the Caribbean?
- The lowest recorded value was 0.8% in 2015.
- How does Latin America and the Caribbean rank for annual inflation, consumer prices?
- Latin America and the Caribbean ranks 13th out of 31 groups with data for 2024.
- Is annual inflation, consumer prices rising or falling in Latin America and the Caribbean?
- Over the last ten years it is up 13.7%. The long-run trend across the full record is falling.
- Where does this Latin America and the Caribbean data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).