Chile Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Chile's inflation rate was 4.27% in 2025, ranked 55th globally. This represents a 0.6% decrease from 2024. Data from World Bank, covering 1971–2025.
Overview
Chile's inflation rate stood at 4.27% in 2025, a decline of +0.03pp from 2024. The IMF projects 4.27% by 2025. Chile ranked 55th globally.
Chile’s inflation rate in 2025 stood at 4.27 %, placing it 55th in the global ranking and marginally below peers such as Croatia (4.41 %) and Iceland (4.22 %). The figure follows a long‑term decline from the 1971 level of 20.05 % and a dramatic peak of 504.74 % in 1974, when hyperinflation erupted amid fiscal deficits and external shocks. The lowest point since the series began occurred in 2009, when inflation fell to 0.35 %, reflecting the impact of prudent monetary policy and a strong peso. Over the 55‑year coverage, Chile has moved from extreme volatility to a more moderate and predictable price environment, supported by an independent central bank and credible inflation targeting. Continued adherence to these frameworks, together with stable fiscal conditions, should keep inflation near the current low‑single‑digit range, barring major external disturbances.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 3.00% | - | - |
| 2029* IMF | 3.00% | - | - |
| 2028* IMF | 3.00% | - | - |
| 2027* IMF | 3.00% | - | - |
| 2026* IMF | 3.12% | - | - |
| 2025* IMF | 4.27% | - | - |
| 2025 | 4.27% | −0.03pp | #55 |
| 2024 | 4.30% | −3.28pp | #127 |
| 2023 | 7.58% | −4.06pp | #128 |
| 2022 | 11.64% | +7.12pp | #143 |
| 2021 | 4.52% | +1.48pp | #123 |
| 2020 | 3.05% | +0.79pp | #124 |
| 2019 | 2.56% | +0.24pp | #108 |
| 2018 | 2.43% | +0.25pp | #99 |
| 2017 | 2.18% | −1.60pp | #96 |
| 2016 | 3.79% | −0.56pp | #143 |
| 2015 | 4.35% | −0.37pp | #144 |
| 2014 | 4.72% | +2.92pp | #145 |
| 2013 | 1.79% | −1.22pp | #73 |
| 2012 | 3.01% | −0.33pp | #80 |
| 2011 | 3.34% | +1.93pp | #60 |
Detected Pattern
Analysis
Chile matched the Export Boom Cycle pattern in 2010. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →
The US 10-year bond yield hitting 5% after hot core CPI suggests tighter global financial conditions, which could lead to capital outflows from emerging markets like Chile, potentially weakening the Chilean peso and increasing import costs. Additionally, the mention of rising El Niño provisions in Credicorp's earnings call points to potential regional climate impacts that could disrupt supply chains and agricultural output in Chile, putting upward pressure on prices.
Frequently Asked Questions
Chile's inflation rate was 4.27% in 2025. Ranked 55th globally. This represents a 0.6% decrease from the previous year.
Chile's inflation rate peaked at 504.74% in 1974.
The lowest inflation rate in Chile was 0.35% in 2009.
Chile ranks 55th globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Chile's inflation rate is projected to reach 4.27% by 2025 based on IMF projection.
The inflation rate of Chile in 2025 was 4.27%. This ranks 55th in the world.
Cite this page
@misc{historysaid_chile_inflation-rate,
title = {Chile Inflation Rate},
url = {https://historysaid.com/chile/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}