Development of inflation rates in Guatemala
The inflation rate in Germany moved over the past years between 1.9% and 33.2%. For 2016, an inflation rate of 4.4% was calculated.
During the observation period from 1991 to 2016, the average inflation rate was 8.2%
per year. Overall, the price increase was 596.66 %. An item that cost 100 Quetzal in 1990 was 2016 so charged 696.66 Quetzal.
In only a very few countries, the price increase is that high. The rate of 33.2% in 1991 means, that compared to the previous year all prices have been increased by an average of 33.2%. In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Guatemala