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  6. Import Prices

Import Prices

By Department of Research and Chief Economist (VPS/RES/RES)
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The Import Price Index measures the average prices of goods a country purchases from abroad, tracking changes in import prices over time regardless of the quantity imported. It is a key component in calculating the Terms of Trade and helps assess the impact of external price shifts on domestic costs. This Latin Macro Watch indicator from the Inter-American Development Bank (IDB), on data.iadb.org, lets researchers, policymakers and journalists monitor imported-price pressures across Latin America and the Caribbean.

Coverage

Import Prices are available for 12 countries across Latin America and the Caribbean at annual, monthly and quarterly frequency, covering 1990–2026. Values are published as an index, including a 2023 = 100 base, with period-average and end-of-period variants, and quarter-on-quarter (QoQ %) and year-on-year (YoY %) transformations.

Sources

The series draws on central banks and national statistical agencies, including Banco Central do Brasil, Banco de Mexico (Banxico), Banco de la República de Colombia, INDEC - Argentina and Instituto Nacional de Estadística de Costa Rica.

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Metadata & use

Format CSV
Language en
Country
Argentina
Bahamas
Trinidad & Tobago
Belize
Costa Rica
Dominican Republic
Ecuador
Bolivia
Brazil
Chile
Colombia
El Salvador
Jamaica
Mexico
Nicaragua
Guatemala
Guyana
Haiti
Honduras
Panama
Uruguay
Venezuela
Barbados
Paraguay
Peru
Suriname
Data notes

What does the Import Price Index measure?

It measures the average prices of goods a country buys from abroad and tracks how those prices change over time, regardless of the quantity imported.

Why are import prices important?

They are a key component in calculating the Terms of Trade and help assess how external price shifts affect domestic costs and inflation.

How many countries and time periods are covered?

The indicator covers 12 countries across Latin America and the Caribbean at annual, monthly and quarterly frequency, spanning 1990 to 2026.

What units and transformations are available?

Values are published as an index, including a 2023 = 100 base, with period-average and end-of-period variants and quarter-on-quarter (QoQ %) and year-on-year (YoY %) transformations.

Where does the data come from?

The series draws on central banks and national statistical agencies, including Banco Central do Brasil, Banco de Mexico (Banxico), Banco de la República de Colombia, INDEC - Argentina and Instituto Nacional de Estadística de Costa Rica.

How do I cite this indicator?

Cite as: Inter-American Development Bank (IDB), Latin Macro Watch — "Import Prices". data.iadb.org/dataset/latin-macro-watch-dataset.

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