Inflation rates by country and year

0%108.2%216.4%324.6%432.8%629.1%2,947.7%
0%108.2%216.4%324.6%432.8%629.1%2,947.7%
1981101.7%
200314.7%
20255.0%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate5.0%

Behind the curve

Turning points in Brazil

  1. 1982↑ Upward pressure

    The debt crisis and chronic inflation — Wikipedia (opens in a new tab)

    The 1980s debt crisis and pervasive price indexation entrenched triple-digit inflation in Brazil.

    IMF · The Crisis Erupts: Brazil's 1982 debt crisis
  2. 1986↓ Downward pressure

    A price freeze briefly interrupted inflation — Wikipedia (opens in a new tab)

    The Cruzado Plan froze prices and attempted to break indexation, temporarily suppressing inflation before fiscal and monetary imbalances caused the program to unravel.

    IMF Working Paper · The Role of Fiscal Policy in Sustainable Stabilization
  3. 1990↕ Mixed effects

    The Collor Plan and failed stabilisation — Wikipedia (opens in a new tab)

    A price freeze and a freeze on financial assets briefly interrupted inflation, but it re-accelerated to hyperinflation when the measures unravelled.

    IMF Working Paper · The Rationale and Design of Inflation-Indexed Bonds
  4. 1994↓ Downward pressure

    The Plano Real ends hyperinflation — Wikipedia (opens in a new tab)

    The new currency and tighter fiscal and monetary anchors broke Brazil's hyperinflation, with annual inflation collapsing in the following years.

    IMF Independent Evaluation Office · The IMF and Recent Capital Account Crises: Brazil
  5. 2003↑ Upward pressure

    The 2002 election and the inflation spike — Wikipedia (opens in a new tab)

    Market fears around the 2002 election and a sharp currency depreciation fed into higher inflation in 2003.

    IMF · Brazil: Letter of Intent and Memorandum of Economic Policies (August 2002)
  6. 2015↕ Mixed effects

    The 2014-16 crisis and price adjustment — Wikipedia (opens in a new tab)

    A deep recession coincided with currency depreciation and administered-price increases, lifting inflation in 2015 despite weak demand.

    IMF · Brazil: 2016 Article IV Consultation
  7. 2021↑ Upward pressure

    The post-pandemic inflation surge — Wikipedia (opens in a new tab)

    Supply shocks, drought and a weaker currency pushed Brazilian inflation up in 2021.

    IMF · Brazil: 2021 Article IV Consultation

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Brazil?

The annual inflation rate in Brazil was 5.0% in 2025, the most recent year in the World Bank dataset. That means prices rose 5.0% on average compared with the year before. Use the chart above to explore Brazil's full inflation history from 1981 to 2025, and to compare it with any other country.

How inflation in Brazil has changed

Inflation in Brazil peaked at 2947.7% in 1990 and reached its lowest point at 3.2% in 1998. Averaged across the 45 years of available data (1981–2025), the rate has been 261.9% per year.

Frequently asked questions about inflation in Brazil

What is the current inflation rate in Brazil?

The latest available annual figure is 5.0% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Brazil's statistical office.

What was the highest inflation rate in Brazil?

The highest annual inflation rate on record is 2947.7%, reached in 1990.

What was the lowest inflation rate in Brazil?

The lowest annual inflation rate on record is 3.2%, recorded in 1998.

Where does the inflation data for Brazil come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.