
Jose Sanchez
Research expert covering society, economy, & politics for Latin America
Get in touch with us nowFluctuating decline between 1991 and 2025
A total decrease by approximately 6.61 percentage points can be observed between 1991 and 2025. The data emphasizes however that this decrease did not happen continuously.
Fluctuating decline between 2025 and 2030
The rate will lie at close to 5 percent in 2030, according to forecasts. Compared to 2025 this is an overall decrease by approximately 2.43 percentage points.
The International Monetary Fund describes this indicator as a measure of inflation based upon the year on year change in the end of period consumer price index. Said index measure is based upon the cost of a typical basket of goods and services at the end of a given time period. Typically a reference year exists for which a value of 100 had been assigned.
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Gross Domestic Product (GDP)
Employment
Inflation and poverty
International Trade
Government Finances
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1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.