Paraguay Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Paraguay's inflation rate was 3.89% in 2025, ranked 71st globally. This represents a 1.4% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Paraguay's inflation rate stood at 3.89% in 2025, a rise of +0.05pp from 2024. The IMF projects 3.89% by 2025. Paraguay ranked 71st globally.
Paraguay's inflation rate has experienced significant fluctuations over its 66-year coverage period, with the all-time peak of 37.26% occurring in 1990 and the trough of -0.86% in 1970. The country's inflation rate has generally trended downward, with the latest value of 3.89% ranking #71 globally, mirroring the inflation rate of Turkmenistan. In comparison to its peak, Paraguay's inflation rate has decreased by approximately 34.37 percentage points, indicating a notable reduction in price instability. Since 1970, Paraguay has maintained a relatively stable inflation environment, with a few exceptions, including the 1990 peak. The country's inflation rate remains below the all-time peak, but it is essential to monitor the recent trend, as a change in economic policies or external factors could alter the trajectory of Paraguay's inflation rate and potentially lead to upward pressure on prices. A sustained increase in global commodity prices, for instance, could exacerbate inflationary pressures in Paraguay.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 3.50% | - | - |
| 2029* IMF | 3.50% | - | - |
| 2028* IMF | 3.50% | - | - |
| 2027* IMF | 3.48% | - | - |
| 2026* IMF | 3.73% | - | - |
| 2025* IMF | 3.89% | - | - |
| 2025 | 3.89% | +0.05pp | #71 |
| 2024 | 3.84% | −0.80pp | #121 |
| 2023 | 4.63% | −5.13pp | #73 |
| 2022 | 9.77% | +4.98pp | #127 |
| 2021 | 4.79% | +3.02pp | #129 |
| 2020 | 1.77% | −0.99pp | #94 |
| 2019 | 2.76% | −1.21pp | #118 |
| 2018 | 3.98% | +0.36pp | #141 |
| 2017 | 3.60% | −0.48pp | #126 |
| 2016 | 4.09% | +0.95pp | #146 |
| 2015 | 3.13% | −1.90pp | #124 |
| 2014 | 5.03% | +2.37pp | #147 |
| 2013 | 2.68% | −1.01pp | #104 |
| 2012 | 3.68% | −4.57pp | #99 |
| 2011 | 8.25% | +3.62pp | #156 |
Detected Pattern
Analysis
Paraguay matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Paraguay's inflation rate was 3.89% in 2025. Ranked 71st globally. This represents a 1.4% increase from the previous year.
Paraguay's inflation rate peaked at 37.26% in 1990.
The lowest inflation rate in Paraguay was -0.86% in 1970.
Paraguay ranks 71st globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Paraguay's inflation rate is projected to reach 3.89% by 2025 based on IMF projection.
The inflation rate of Paraguay in 2025 was 3.89%. This ranks 71st in the world.
Cite this page
@misc{historysaid_paraguay_inflation-rate,
title = {Paraguay Inflation Rate},
url = {https://historysaid.com/paraguay/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}