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Development of inflation rates in Guatemala

The inflation rate for consumer prices in Guatemala moved over the past 61 years between -1.2% and 41.2%. For 2021, an inflation rate of 4.3% was calculated.

During the observation period from 1960 to 2021, the average inflation rate was 7.9% per year. Overall, the price increase was 8,557.98 %. An item that cost 100 Quetzal in 1960 was so charged 8,657.98 Quetzal in the beginning of 2022.


Inflation rates in global comparison


Back to overview: Guatemala

Performance over the last 61 years compared to the US

In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.

Performance based on 100% in 1959:Performance in Guatemala

      Guatemala       USA


Inflation calculator for Guatemala

Enter any amount, an initial year and an end year here. You will then be issued with the amount that arose from the original amount after inflation. Example: 1000 Quetzal in 1960 corresponds to an amount of 86,579.78 Quetzal at the beginning of 2022 due to inflation.

Original amount in Quetzal:


Start year:


End year:


Development of inflation rates for consumer goods in Guatemala

Inflation rates for consumer goods in Guatemala

      Guatemala       USA

Historical inflation rates in comparison

YearGuatemalaØ USAØ World
20214.26 %4.70 %3.42 %
20203.21 %1.23 %1.91 %
20193.70 %1.81 %2.21 %
20183.75 %2.44 %2.44 %
20174.42 %2.13 %2.19 %
20164.45 %1.26 %1.55 %
20152.39 %0.12 %1.43 %
20143.42 %1.62 %2.35 %
20134.34 %1.46 %2.62 %
20123.78 %2.07 %3.73 %
20116.21 %3.16 %4.82 %
20103.86 %1.64 %3.35 %
20091.86 %-0.36 %2.94 %
200811.36 %3.84 %8.95 %
20076.82 %2.85 %4.82 %
20066.56 %3.23 %4.28 %
20059.11 %3.39 %4.11 %
20047.58 %2.68 %3.38 %
20035.60 %2.27 %3.03 %
20028.13 %1.59 %2.83 %
20017.29 %2.83 %3.84 %
20005.98 %3.38 %3.49 %
19995.21 %2.19 %3.08 %
19986.61 %1.55 %5.11 %
19979.23 %2.34 %5.57 %
199611.06 %2.93 %6.55 %
19958.41 %2.81 %9.15 %
199410.86 %2.61 %10.32 %
199311.82 %2.95 %7.51 %
199210.05 %3.03 %7.71 %
199133.17 %4.23 %9.00 %
199041.22 %5.40 %8.13 %
198911.39 %4.83 %7.00 %
198810.83 %4.08 %7.15 %
198712.32 %3.66 %5.76 %
198636.93 %1.90 %5.82 %
198518.69 %3.55 %6.86 %
19843.41 %4.30 %8.12 %
19834.54 %3.21 %8.77 %
19820.31 %6.13 %10.24 %
198111.43 %10.33 %12.47 %
198010.82 %13.55 %13.98 %
197911.34 %11.25 %n/a
19788.29 %7.63 %n/a
197712.32 %6.50 %n/a
197610.72 %5.74 %n/a
197513.16 %9.14 %n/a
197416.49 %11.05 %n/a
197313.80 %6.18 %n/a
19720.53 %3.27 %n/a
1971-0.45 %4.29 %n/a
19702.34 %5.84 %n/a
19692.10 %5.46 %n/a
19681.93 %4.27 %n/a
19670.49 %2.77 %n/a
19660.68 %3.02 %n/a
1965-0.80 %1.59 %n/a
1964-0.19 %1.28 %n/a
19630.15 %1.24 %n/a
19622.05 %1.20 %n/a
1961-0.55 %1.07 %n/a
1960-1.19 %1.46 %n/a

Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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