Mexico vs Canada: Inflation Comparison

Compare cumulative inflation, annual rates and purchasing power between Mexico and Canada from 2000 to 2026, based on World Bank CPI data.

Cumulative inflation in Mexico was 145.1% between 2000 and 2026, according to World Bank CPI data (FP.CPI.TOTL).

Over the same period, cumulative inflation in Canada was 57.8%.

VS

Mexico

MXN
+145.1% Total Inflation
3.81% Avg Annual Rate
-59.2% Purchasing Power Lost
VS

Canada

CAD
+57.8% Total Inflation
1.84% Avg Annual Rate
-36.6% Purchasing Power Lost
🏆
Canada had lower cumulative inflation — 87.3 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Mexico CPI Mexico (Change) Canada CPI Canada (Change)
2000 63.31 - 81.89 -
2001 67.34 +6.4% 83.96 +2.5%
2002 70.73 +5.0% 85.85 +2.3%
2003 73.95 +4.5% 88.22 +2.8%
2004 77.42 +4.7% 89.86 +1.9%
2005 80.50 +4.0% 91.85 +2.2%
2006 83.42 +3.6% 93.69 +2.0%
2007 86.73 +4.0% 95.69 +2.1%
2008 91.18 +5.1% 97.96 +2.4%
2009 96.01 +5.3% 98.25 +0.3%
2010 100.00 +4.2% 100.00 +1.8%
2011 103.41 +3.4% 102.91 +2.9%
2012 107.66 +4.1% 104.47 +1.5%
2013 111.76 +3.8% 105.45 +0.9%
2014 116.25 +4.0% 107.46 +1.9%
2015 119.41 +2.7% 108.67 +1.1%
2016 122.78 +2.8% 110.22 +1.4%
2017 130.20 +6.0% 111.98 +1.6%
2018 136.58 +4.9% 114.52 +2.3%
2019 141.54 +3.6% 116.76 +1.9%
2020 124.66 -11.9% 108.56 -7.0%
2021 133.83 +7.4% 113.77 +4.8%
2022 144.29 +7.8% 120.96 +6.3%
2023 151.02 +4.7% 125.07 +3.4%
2024 155.16 +2.7% 127.36 +1.8%
2025 - - 129.18 +1.4%

Inflation by Decade: Mexico vs Canada

Year-by-year CPI and inflation for Mexico and Canada, 2000–2026
Year Mexico (Total Inflation) Mexico (Avg Annual Rate) Canada (Total Inflation) Canada (Avg Annual Rate)
1960s +24.5% 2.47% +26.6% 2.65%
1970s +266.3% 15.52% +96.6% 7.80%
1980s +11,785.9% 70.04% +69.8% 6.06%
1990s +391.9% 19.37% +18.5% 1.90%
2000s +51.6% 4.73% +20.0% 2.04%
2010s +41.5% 3.94% +16.8% 1.74%
2020s +24.5% 5.62% +19.0% 3.54%

The inflation gap between Mexico and Canada widened to 87.3 percentage points from 2000 to 2026.

$100 in Mexico in 2000 lost roughly the same relative value as $64.37 in Canada.

Mexico's highest annual inflation was 7.8% in 2022; Canada's was 6.3% in 2022.

Frequently Asked Questions

Which had higher inflation, Mexico or Canada?

Between 2000 and 2026, Mexico had higher cumulative inflation (145.07%) than Canada (57.75%), according to World Bank CPI data.

What was cumulative inflation in Mexico from 2000 to 2026?

Prices in Mexico rose 145.07% cumulatively, an average of 3.81% per year.

What was cumulative inflation in Canada from 2000 to 2026?

Prices in Canada rose 57.75% cumulatively, an average of 1.84% per year.

More Popular Comparisons

Calculate Individually

Between 2000 and 2026, Canada had lower cumulative inflation (57.8%) than Mexico (145.1%).