Average inflation measured by CPI rose 8.00% to 6.61% in Uruguay in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Uruguay reached an all time high of 6.61% in 2020 and an all time low of 0.044% in 2001. When compared to Uruguay's main peers, average inflation measured by CPI in Argentina amounted to 15.4%, 4.08% in Brazil, 3.00% in Chile and 4.00% in Paraguay in 2020.
Uruguay has been ranked 27th within the group of 171 countries we follow in terms of average inflation measured by CPI, 22 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% | ... | ... | ... | ... |