Inflation Guatemala 2020
Average inflation: 3.2%
Current Inflation
Inflation is high at 3.2%, well above the ECB target.
Peak and Trough
The highest inflation was in November at 5.5%. The lowest inflation was in February at 1.2%.
- Highest month
- November: 5.5%
- Lowest month
- February: 1.2%
- Difference
- 4.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 2.3%. The lowest price increase was in Energy with an average of -0.0%.
- Highest increase
- Core inflation: 2.3%
- Lowest increase
- Energy: -0.0%
Historical Context
Current inflation is 0.7% lower than the 5-year average of 3.9%.
- 5-year average
- 3.9%
- 10-year average
- 4%
- All-time high (2008)
- 11.4%
- All-time low (2009)
- 1.9%
Trend
Inflation has remained relatively stable. Compared to 2019, the difference is minimal (-0.5 percentage point).
- Change vs. previous year
- -0.5 percentage points
- Largest monthly swing
- February: -3.3 percentage points
ECB Target
Inflation is 1.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 1.8% | -2.3 |
| February | 1.2% | -3.3 |
| March | 1.8% | -2.4 |
| April | 1.9% | -2.9 |
| May | 1.8% | -2.7 |
| June | 2.4% | -2.4 |
| July | 2.9% | -1.5 |
| August | 4.2% | +1.2 |
| September | 5.0% | +3.2 |
| October | 5.3% | +3.1 |
| November | 5.5% | +2.6 |
| December | 4.8% | +1.4 |
| Average | 3.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.