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Paraguay’s Inflation Rate

#116 of 179 in the Inflation Rate progress rankings

Measured as the annual percentage rise in general prices, the Inflation Rate reveals how rapidly costs for goods and services are increasing. It signals changes in purchasing power and economic balance, assisting policy makers in assessing stability (lower is better).

Latest (2024)
3.8 %
Year-over-year
-0.8 %
Change since start (1960→2024)
-4.3 %

Key insights

  • From 1960 to 2024, Inflation Rate changed by -4.3 %.
  • Most recent year-over-year change (2023→2024): -0.8 %.
  • Lowest level: -0.9 % in 1970.
  • Highest level: 37.3 % in 1990.

Inflation Rate Chart (1960–2024)

*Average based on available data from 193 UN member countries

Inflation Rate Table (1960–2024)

Inflation Rate — Paraguay
Year Inflation Rate
1960 8.2 %
1961 18.5 %
1962 1.4 %
1963 2.1 %
1964 1.4 %
1965 3.9 %
1966 2.9 %
1967 1.4 %
1968 0.7 %
1969 2.3 %
1970 -0.9 %
1971 5.0 %
1972 9.2 %
1973 12.8 %
1974 25.2 %
1975 6.7 %
1976 4.5 %
1977 9.4 %
1978 10.7 %
1979 28.2 %
1980 22.5 %
1981 13.0 %
1982 5.1 %
1983 13.4 %
1984 20.3 %
1985 25.2 %
1986 31.7 %
1987 21.8 %
1988 22.6 %
1989 26.4 %
1990 37.3 %
1991 24.2 %
1992 15.2 %
1993 18.2 %
1994 20.6 %
1995 13.4 %
1996 9.8 %
1997 7.0 %
1998 11.6 %
1999 6.8 %
2000 9.0 %
2001 7.3 %
2002 10.5 %
2003 14.2 %
2004 4.3 %
2005 6.8 %
2006 9.6 %
2007 8.1 %
2008 10.2 %
2009 2.6 %
2010 4.7 %
2011 8.3 %
2012 3.7 %
2013 2.7 %
2014 5.0 %
2015 3.1 %
2016 4.1 %
2017 3.6 %
2018 4.0 %
2019 2.8 %
2020 1.8 %
2021 4.8 %
2022 9.8 %
2023 4.6 %
2024 3.8 %

Source: World Bank

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