Average inflation measured by CPI rose 14.0% to 4.00% in Paraguay in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Paraguay reached an all time high of 4.00% in 2020 and an all time low of -0.009% in 1970. When compared to Paraguay's main peers, average inflation measured by CPI in Argentina amounted to 15.4%, 4.46% in Bolivia, 4.08% in Brazil and 3.00% in Chile in 2020.
Paraguay has been ranked 64th within the group of 171 countries we follow in terms of average inflation measured by CPI, 11 places above the position seen 10 years ago.
| Inflation, CPI (Average) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Argentina | % | ... | ... | ... | 25.7% | 31.8% | 31.7% | 15.4% | 10.7% | |||||||||||||
| Bolivia | % | 0.028% | 0.023% | 0.018% | 4.46% | 4.47% | ||||||||||||||||
| Brazil | % | 0.034% | 0.037% | 0.037% | 4.08% | 4.00% | ||||||||||||||||
| Chile | % | 0.022% | 0.024% | 0.026% | 3.00% | 3.00% | ||||||||||||||||
| Paraguay | % | 0.036% | 0.040% | 0.028% | 4.00% | 4.00% | ||||||||||||||||
| Peru | % | 0.028% | 0.013% | 0.021% | 2.01% | 1.99% | ||||||||||||||||
| Uruguay | % | 0.062% | 0.076% | 0.079% | 6.61% | 6.49% | ||||||||||||||||
| Venezuela | % | 1,088% | 1,370,000% | 10,000,000% | ... | ... | ... | ... |
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