Inflation rates by country and year

0%166.8%333.5%500.3%667%3,398.7%7,481.7%
0%166.8%333.5%500.3%667%3,398.7%7,481.7%
19608.7%
199273.5%
20251.5%
Source: World Bank

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

Year2025Inflation Rate1.5%

Behind the curve

Turning points in Peru

  1. 1988↑ Upward pressure

    Hyperinflation under García — Wikipedia (opens in a new tab)

    The collapse of Alan García's price-control and subsidy policies, with heavy money printing to fund the deficit, sent Peruvian prices spiralling in 1988 and into 1989–90.

    Banco Central de Reserva del Perú
  2. 1990↕ Mixed effects

    The Fujishock and hyperinflation peak — Wikipedia (opens in a new tab)

    Inflation peaked near the end of the García era. Fujimori's August 1990 shock programme freed prices and cut subsidies — painful at first, but the start of a sustained stabilisation.

    Banco Central de Reserva del Perú
  3. 1993↓ Downward pressure

    The new sol and disinflation — Wikipedia (opens in a new tab)

    The 1991 replacement of the hyperinflated inti with the nuevo sol, alongside fiscal and monetary discipline, anchored expectations and accelerated the fall in inflation through 1993.

    Banco Central de Reserva del Perú
  4. 2022↑ Upward pressure

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

    Higher global food and fuel prices, supply disruptions and a weaker sol lifted Peruvian inflation in 2022, well above the central bank's target range.

    Banco Central de Reserva del Perú

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 Peru?

The annual inflation rate in Peru was 1.5% in 2025, the most recent year in the World Bank dataset. That means prices rose 1.5% on average compared with the year before. Use the chart above to explore Peru's full inflation history from 1960 to 2025, and to compare it with any other country.

How inflation in Peru has changed

Inflation in Peru peaked at 7481.7% in 1990 and reached its lowest point at 0.2% in 2002. Averaged across the 66 years of available data (1960–2025), the rate has been 202.0% per year.

Frequently asked questions about inflation in Peru

What is the current inflation rate in Peru?

The latest available annual figure is 1.5% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Peru's statistical office.

What was the highest inflation rate in Peru?

The highest annual inflation rate on record is 7481.7%, reached in 1990.

What was the lowest inflation rate in Peru?

The lowest annual inflation rate on record is 0.2%, recorded in 2002.

Where does the inflation data for Peru 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.