Inflation rates by country and year

0%10%20%30.1%40.1%77.8%504.7%
0%10%20%30.1%40.1%77.8%504.7%
197120.1%
19985.1%
20254.2%
Source: World Bank

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

Year2025Inflation Rate4.2%

Behind the curve

Turning points in Chile

  1. 1973↑ Upward pressure

    The 1973 coup and hyperinflation — Wikipedia (opens in a new tab)

    Mounting money printing and shortages during Allende's presidency drove prices up sharply through 1973, and the September coup opened a transition that initially kept inflation extreme into 1974.

    Banco Central de Chile · Purchasing Power Parity in an Emerging Market Economy: A Long-Span Study for Chile
  2. 1975↕ Mixed effects

    The Chicago Boys' shock therapy — Wikipedia (opens in a new tab)

    The 1975 stabilization programme cut spending and liberalised prices. Costs remained very high in the short term, but the reforms laid the ground for the disinflation that followed.

    Banco Central de Chile · Purchasing Power Parity in an Emerging Market Economy: A Long-Span Study for Chile
  3. 1983↑ Upward pressure

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

    The 1982 recession and the collapse of the fixed exchange rate forced a large devaluation. Import prices rose and inflation jumped in 1983 before the authorities re-anchored it.

    Banco Central de Chile · Working Paper No. 57
  4. 2008↑ Upward pressure

    The 2008 food and commodity boom — Wikipedia (opens in a new tab)

    Rising global food and fuel prices fed through to Chilean consumers, pushing inflation to a local peak in 2008 before the global financial crisis reversed it.

    Banco Central de Chile · Monetary Policy Report, September 2008
  5. 2009↓ Downward pressure

    The Great Recession — Wikipedia (opens in a new tab)

    The global financial crisis hit Chile's export-dependent economy. Falling commodity prices and weaker demand sharply reduced price pressure, leaving inflation near zero in 2009.

    Banco Central de Chile · Economic Policy Papers No. 30: Chile and the Global Recession of 2009
  6. 2022↑ Upward pressure

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

    Pandemic-era stimulus, a weak peso and higher food and energy costs pushed Chilean inflation well above its target in 2022 before it eased in 2023.

    Banco Central de Chile · Monetary Policy Report, June 2022

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 Chile?

The annual inflation rate in Chile was 4.2% in 2025, the most recent year in the World Bank dataset. That means prices rose 4.2% on average compared with the year before. Use the chart above to explore Chile's full inflation history from 1971 to 2025, and to compare it with any other country.

How inflation in Chile has changed

Inflation in Chile peaked at 504.7% in 1974 and reached its lowest point at 0.4% in 2009. Averaged across the 55 years of available data (1971–2025), the rate has been 38.9% per year.

Frequently asked questions about inflation in Chile

What is the current inflation rate in Chile?

The latest available annual figure is 4.2% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Chile's statistical office.

What was the highest inflation rate in Chile?

The highest annual inflation rate on record is 504.7%, reached in 1974.

What was the lowest inflation rate in Chile?

The lowest annual inflation rate on record is 0.4%, recorded in 2009.

Where does the inflation data for Chile 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.