Inflation rates by country and year

0%31.3%62.7%94%125.3%
0%31.3%62.7%94%125.3%
196038.5%
199268.5%
20254.7%
Source: World Bank

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

Year2025Inflation Rate4.7%

Behind the curve

Turning points in Uruguay

  1. 1990↑ Upward pressure

    The inflation problem — Wikipedia (opens in a new tab)

    Uruguay entered 1990 with three-digit inflation. A crawling band against the U.S. dollar formed part of the stabilization plan that subsequently brought inflation down through the 1990s.

    IMF: Moving to Greater Exchange Rate Flexibility, Chapter 4—Disorderly Transitions
  2. 2002↑ Upward pressure

    The 2002 banking crisis — Wikipedia (opens in a new tab)

    Contagion from Argentina triggered deposit runs and forced Uruguay to float the peso in June 2002. The peso depreciated 85 percent against the dollar that year, while consumer prices rose 26 percent.

    IMF Country Report 03/247: Uruguay—Report on the 2002 Banking Crisis
  3. 2008↑ Upward pressure

    The world food price crisis — Wikipedia (opens in a new tab)

    Food inflation reached 14 percent and fuel and electricity prices rose 13 percent. IMF estimates found that a 10-point rise in world food prices lifted Uruguay's domestic prices by 1.2 points after one year.

    IMF Country Report 09/104: Uruguay—2008 Article IV Consultation
  4. 2022↑ Upward pressure

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

    Russia's invasion of Ukraine broadened price pressures beyond food and energy while inflation expectations stayed above target. The central bank tightened monetary policy during 2022 as inflation peaked at 9.95 percent in September.

    IMF Country Report 23/178: Uruguay—2023 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 Uruguay?

The annual inflation rate in Uruguay was 4.7% in 2025, the most recent year in the World Bank dataset. That means prices rose 4.7% on average compared with the year before. Use the chart above to explore Uruguay's full inflation history from 1960 to 2025, and to compare it with any other country.

How inflation in Uruguay has changed

Inflation in Uruguay peaked at 125.3% in 1968 and reached its lowest point at 4.4% in 2001. Averaged across the 66 years of available data (1960–2025), the rate has been 35.9% per year.

Frequently asked questions about inflation in Uruguay

What is the current inflation rate in Uruguay?

The latest available annual figure is 4.7% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Uruguay's statistical office.

What was the highest inflation rate in Uruguay?

The highest annual inflation rate on record is 125.3%, reached in 1968.

What was the lowest inflation rate in Uruguay?

The lowest annual inflation rate on record is 4.4%, recorded in 2001.

Where does the inflation data for Uruguay 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.