Inflation Rate (CPI): Paraguay
Paraguay's inflation rate (cpi) is currently 3.7% as of 2026. # Paraguay Inflation Rate (CPI) Paraguay's inflation rate stands at 3.
Current (2026)
3.7%
-5.1% y/y
Peak (1990)
38.2%
Low (2020)
1.8%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Inflation Rate (CPI) — Paraguay
1980 — 2026
Inflation Rate (CPI) — Paraguay
Analysis# Paraguay Inflation Rate (CPI)
Paraguay's inflation rate stands at 3.7% in 2026, reflecting a remarkably stable price environment after decades of volatility. The country has traveled far from its 1990 peak of 38.2%, achieving an 83.6% decline since 1980. The 2020 low of 1.8% represents the most price stability Paraguay has experienced in the measured period, demonstrating the central bank's improved control over monetary conditions.
The 2022 spike to 9.8% marked a significant disruption, driven by global supply chain pressures and energy costs. Recovery proved swift, with inflation declining to 4.6% by 2023 and stabilizing near 3.8-3.9% through 2024-2025. The current trajectory suggests Paraguay has sustainably returned to its target range, positioning the country among Latin America's more inflation-stable economies heading into 2027.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 3.5% | +0.00% |
| 2029 | 3.5% | +0.00% |
| 2028 | 3.5% | +0.00% |
| 2027 | 3.5% | -5.41% |
| 2026 | 3.7% | -5.13% |
| 2025 | 3.9% | +2.63% |
| 2024 | 3.8% | -17.39% |
| 2023 | 4.6% | -53.06% |
| 2022 | 9.8% | +104.17% |
| 2021 | 4.8% | +166.67% |
| 2020 | 1.8% | -35.71% |
| 2019 | 2.8% | -30.00% |
| 2018 | 4.0% | +11.11% |
| 2017 | 3.6% | -12.20% |
| 2016 | 4.1% | +32.26% |
| 2015 | 3.1% | -38.00% |
| 2014 | 5.0% | +85.19% |
| 2013 | 2.7% | -27.03% |
| 2012 | 3.7% | -54.88% |
| 2011 | 8.2% | +78.26% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 4.6% | +76.92% |
| 2009 | 2.6% | -74.51% |
| 2008 | 10.2% | +25.93% |
| 2007 | 8.1% | -15.63% |
| 2006 | 9.6% | +41.18% |
| 2005 | 6.8% | +58.14% |
| 2004 | 4.3% | -69.72% |
| 2003 | 14.2% | +35.24% |
| 2002 | 10.5% | +43.84% |
| 2001 | 7.3% | -18.89% |
| 2000 | 9.0% | +34.33% |
| 1999 | 6.7% | -42.24% |
| 1998 | 11.6% | +68.12% |
| 1997 | 6.9% | -29.59% |
| 1996 | 9.8% | -27.41% |
| 1995 | 13.5% | -33.82% |
| 1994 | 20.4% | +10.87% |
| 1993 | 18.4% | +21.85% |
| 1992 | 15.1% | -37.86% |
| 1991 | 24.3% | -36.39% |
| 1990 | 38.2% | +49.22% |
| 1989 | 25.6% | +13.27% |
| 1988 | 22.6% | +4.15% |
| 1987 | 21.7% | -31.55% |
| 1986 | 31.7% | +27.82% |
| 1985 | 24.8% | +18.66% |
| 1984 | 20.9% | +63.28% |
| 1983 | 12.8% | +137.04% |
| 1982 | 5.4% | -60.87% |
| 1981 | 13.8% | -38.67% |
| 1980 | 22.5% | — |
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