Annual inflation, consumer prices in South America

South America: Annual inflation, consumer prices was 4.4% in 2024. β–Ό Falling

Latest (2024)
4.4%
Change on year
down 25.6%
Rank
4th
of 31 groups
All-time high
9.3%
in 2022
All-time low
2.5%
in 2020
Years of data
25
2000–2024

Annual inflation, consumer prices in South America, 2000–2024

2468102000201220242000: 6.6 %2001: 5.6 %2002: 7.4 %2003: 7.5 %2004: 4.6 %2005: 5.2 %2006: 4.3 %2007: 6 %2008: 8.3 %2009: 3.3 %2010: 3.7 %2011: 6.6 %2012: 4.5 %2013: 2.7 %2014: 4.7 %2015: 4.3 %2016: 4.1 %2017: 3.2 %2018: 2.8 %2019: 2.7 %2020: 2.5 %2021: 4.8 %2022: 9.3 %2023: 5.9 %2024: 4.4 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for annual inflation, consumer prices in South America is 4.4%, measured in 2024.

That represents a change of down 25.6% on the previous year and down 7.4% over ten years.

Over the whole period, annual inflation, consumer prices in South America peaked at 9.3% in 2022 and was at its lowest, 2.5%, in 2020.

South America ranks 4th of 31 groups on this measure, in the top 10%.

The long-run direction has been consistently falling across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.9% 3.3% 8.3% 10
2010s 3.9% 2.7% 6.6% 10
2020s 5.4% 2.5% 9.3% 5

Countries ranked near South America

  1. 1 Argentina 219.9% compare
  2. 2 Sudan 138.8% compare
  3. 3 Zimbabwe 104.7% compare
  4. 4 South Sudan 91.4% compare
  5. 5 Lebanon 45.2% compare
  6. 6 Nigeria 33.2% compare
  7. 7 Malawi 32.2% compare

See the full ranking of 223 places β†’

More development goals data for South America

All data for South America β†’

Frequently asked questions

What is annual inflation, consumer prices in South America?
Annual inflation, consumer prices in South America was 4.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in South America?
The highest recorded value was 9.3% in 2022.
What is the lowest annual inflation, consumer prices recorded in South America?
The lowest recorded value was 2.5% in 2020.
How does South America rank for annual inflation, consumer prices?
South America ranks 4th out of 31 groups with data for 2024.
Is annual inflation, consumer prices rising or falling in South America?
Over the last ten years it is down 7.4%. The long-run trend across the full record is falling.
Where does this South America 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.

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Annual inflation, consumer prices in South America. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 21 August 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/south-america/

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About this data

Indicator
Annual inflation, consumer prices (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
223 places, 5,311 data points, 2000–2024
Last refreshed