Countries in South America by inflation

How much consumer prices rose over the year, from the consumer price index. Below zero, prices fell. 11 countries in South America, highest first. World Bank, mostly 2025

Map: Inflation — South America
Highest
+219.9%
Argentina
Median country
+4.7%
half above, half below
Lowest
+0.7%
Ecuador
Countries in South America by inflation, World Bank, mostly 2025
#Country% a yearYearRegion
1Argentina+219.9%2024South America
2Bolivia+19.5%2025South America
3Suriname+9.2%2025South America
4Colombia+5.1%2025South America
5Brazil+5.0%2025South America
6Uruguay+4.7%2025South America
7Chile+4.2%2025South America
8Paraguay+4.0%2025South America
9Guyana+3.3%2025South America
10Peru+1.5%2025South America
11Ecuador+0.7%2025South America

No World Bank figure for Venezuela.

Questions

Which country in South America has the highest inflation?
Argentina has the highest inflation in South America: +219.9% a year (2024). Next come Bolivia (+19.5% a year) and Suriname (+9.2% a year).
Which country in South America has the lowest inflation?
Ecuador, with +0.7% a year (2025).
What is the typical inflation of a country in South America?
The median of the 11 countries in South America is +4.7% a year: half are above it, half below. The median, not the average, because a few countries at the top would drag an average far above almost everyone.
Where do the figures come from?
How much consumer prices rose over the year, from the consumer price index. Below zero, prices fell. Source: World Bank, mostly 2025. Only independent states are ranked; territories are listed separately. A country’s continent follows Natural Earth; the handful of island states it files under the open ocean are placed by their UN subregion.

Source: World Bank (CC BY 4.0). Figures more than 5 years older than the newest are left out rather than shown beside current ones. Countries sharing a value share a rank. All sources.