Inflation rates by country and year

0%33%65.9%98.9%131.8%
0%33%65.9%98.9%131.8%
19604.9%
199215.5%
20253.8%
Source: World Bank

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

Year2025Inflation Rate3.8%

Behind the curve

Turning points in Mexico

  1. 1982↑ Upward pressure

    The 1982 debt crisis — Wikipedia (opens in a new tab)

    Mexico's August 1982 default on its foreign debt triggered the regional debt crisis. The peso's collapse and the fiscal crisis raised import costs and fuelled price growth into the following year.

    Banco de México
  2. 1987↕ Mixed effects

    Pacto de Solidaridad Económica — Wikipedia (opens in a new tab)

    The December 1987 wage-and-price pact between government, business and labour broke the inflation spiral at its peak and began a gradual disinflation over the following years.

    Banco de México
  3. 1995↑ Upward pressure

    The Mexican peso crisis — Wikipedia (opens in a new tab)

    The peso's sudden devaluation in December 1994 sparked capital flight and a sharp depreciation. Pass-through to import and consumer prices drove inflation up sharply during 1995.

    Banco de México
  4. 2022↑ Upward pressure

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

    Global supply-chain bottlenecks and higher food and energy prices after the pandemic pushed Mexican inflation to a two-decade high in 2022, prompting the central bank to raise rates.

    INEGI · Índice Nacional de Precios al Consumidor

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 Mexico?

The annual inflation rate in Mexico was 3.8% in 2025, the most recent year in the World Bank dataset. That means prices rose 3.8% on average compared with the year before. Use the chart above to explore Mexico's full inflation history from 1960 to 2025, and to compare it with any other country.

How inflation in Mexico has changed

Inflation in Mexico peaked at 131.8% in 1987 and reached its lowest point at 0.6% in 1963. Averaged across the 66 years of available data (1960–2025), the rate has been 18.0% per year.

Frequently asked questions about inflation in Mexico

What is the current inflation rate in Mexico?

The latest available annual figure is 3.8% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Mexico's statistical office.

What was the highest inflation rate in Mexico?

The highest annual inflation rate on record is 131.8%, reached in 1987.

What was the lowest inflation rate in Mexico?

The lowest annual inflation rate on record is 0.6%, recorded in 1963.

Where does the inflation data for Mexico 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.