Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Gross domestic product deflator (%)

1970199020002005201020112012201320142015201620172018201920202021202220232024
Argentina6.52,078.31.010.320.923.722.323.940.326.641.126.042.049.240.153.869.9135.4207.9
Bolivia4.016.35.25.98.814.67.16.02.0-4.6-1.46.13.1-0.7-1.94.05.1-0.58.5
Chile40.922.64.67.18.93.30.82.35.95.04.64.81.62.69.76.97.66.67.7
Nicaragua2.45,016.18.69.96.110.26.24.38.47.64.64.12.75.46.33.58.410.87.3
Colombia11.952.333.74.83.86.43.61.92.22.45.15.14.64.01.57.814.97.05.8
Peru12.06,261.23.53.55.76.71.21.12.42.73.13.62.31.93.710.14.56.35.2
Honduras4.425.08.07.34.77.83.61.46.86.93.74.51.93.43.44.69.36.05.1
Ecuador-13.95.8-11.78.69.06.85.02.72.1-5.51.20.91.8-0.1-1.82.22.32.35.0
Mexico2.728.110.75.94.45.74.51.74.43.26.16.65.24.34.64.56.64.54.9
Portugal2.013.13.43.30.8-0.3-0.42.30.72.01.91.51.91.82.12.05.37.04.4
Uruguay4.2106.83.50.75.79.99.49.010.29.98.25.77.58.310.711.15.13.44.3
Dominican Republic2.150.57.25.85.38.05.04.64.22.42.03.94.53.65.57.29.65.84.3
Brazil16.32,737.05.67.48.48.37.97.57.87.68.13.74.54.26.513.08.65.23.8
Guatemala5.040.56.85.75.16.93.43.42.92.22.71.71.33.62.93.16.46.53.7
Andorra7.328.73.40.40.20.20.4-0.10.70.31.11.01.41.12.64.26.33.1
Spain5.97.33.44.20.3-0.1-0.20.4-0.20.60.41.31.21.41.12.64.76.23.0
Paraguay1.336.614.713.04.75.14.84.32.91.64.12.22.03.12.28.48.12.22.6
Equatorial Guinea10.464.759.324.917.04.9-1.1-1.3-20.2-6.312.79.5-3.2-10.217.922.1-7.62.5
El Salvador4.85.13.34.32.66.02.50.61.01.30.71.01.70.80.74.16.62.61.8
Panama3.40.6-1.51.72.65.56.36.24.73.02.51.80.70.5-0.51.42.21.70.7
Costa Rica7.318.59.413.06.64.64.74.66.24.02.02.92.22.60.82.46.3-0.10.0
Cuba5.31.70.41.24.32.92.73.53.44.34.11.03.516.6401.614.140.0
Venezuela (Bolivarian Republic of)4.441.729.529.645.928.114.135.540.4