Inflation Rate (CPI): El Salvador

Analysis# El Salvador Inflation Rate (CPI) El Salvador's inflation rate stands at 1% in 2026, reflecting remarkable price stability after decades of volatility. The country has reduced inflation by 94.3% since 1980, when double-digit pressures were common. The all-time peak of 31.9% in 1986 contrasts sharply with the current environment, while the deflationary low of -0.7% in 2015 demonstrates the economy's capacity to swing in either direction. The period from 2017 to 2020 established a baseline of subdued inflation below 1.1%, interrupted by a significant spike in 2022 when inflation reached 7.2%. This surge reflected global commodity pressures but proved temporary, declining to 4% in 2023 and falling back to near 1% by 2024. The trajectory through 2026 suggests El Salvador has successfully contained inflationary pressures, maintaining a stable, low-inflation environment consistent with regional monetary policy objectives.