The annual inflation rate in Paraguay rose to 4.1% in September 2024, down from 4.3% in the previous month. Notably, inflation slowed for food and non-alcoholic ...

The average inflation rate in Paraguay was forecast to continuously increase between 2024 and 2029 by in total 0.2 percentage points.

Consumer price inflation in Paraguay averaged 4.2% in the ten years to 2022, below the Latin America regional average of 8.4%. The 2022 average figure was 9.8%.

Core Inflation Rate in Paraguay averaged 6.82 percent from 1993 until 2024, reaching an all time high of 21.79 percent in March of 1994.

The average inflation rate in Paraguay was forecast to continuously increase between 2024 and 2029 by in total 0.2 percentage points.

Real GDP growth. Annual percent change. 3.8 ; GDP, current prices. Billions of U.S. dollars. 44.94 ; GDP per capita, current prices. U.S. dollars per capita. 5.87.

Latest Updates. Paraguay's annual inflation rate eased to 3.6% in October 2024, down from 4.1% in September, marking the lowest reading since March.

Inflation averaged 4.1% in the decade to 2022. Go to our Paraguay inflation page for extra insight.

The inflation rate for consumer prices in Paraguay moved over the past 63 years between -0.9% and 37.3%. For 2023, an inflation rate of 4.6% was calculated.