Average inflation measured by CPI fell 42.1% to 2.14% in Guatemala in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Guatemala reached an all time high of 38.0% in 1990 and an all time low of -1.19% in 1960. When compared to Guatemala's main peers, average inflation measured by CPI in Belize amounted to 0.803%, 0.214% in El Salvador, 3.29% in Honduras and 4.37% in Nicaragua in 2020.
Guatemala has been ranked 96th within the group of 172 countries we follow in terms of average inflation measured by CPI, 10 places below the position seen 10 years ago.
Inflation, CPI (Average) | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
Belize | % | 3.24% | 6.60% | 4.70% | 2.23% | 2.00% | ||||||||||||||||
Costa Rica | % | 1.73% | 8.87% | 6.43% | 3.80% | 3.30% | ||||||||||||||||
El Salvador | % | 3.47% | 7.29% | 2.72% | 1.43% | 1.28% | ||||||||||||||||
Guatemala | % | 4.26% | 6.37% | 5.62% | 4.30% | 4.02% | ||||||||||||||||
Honduras | % | 4.48% | 8.62% | 8.48% | 5.07% | 4.00% | ||||||||||||||||
Mexico | % | 5.69% | 8.03% | 6.30% | 3.89% | 3.28% | ||||||||||||||||
Nicaragua | % | 4.92% | 9.94% | 7.03% | 4.00% | 4.00% | ||||||||||||||||
USA | % | 4.69% | 8.05% | 3.51% | 2.23% | 2.04% |