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Latin America & Caribbean (excluding high income) CPIA quality of budgetary and financial management rating (1=low to 6=high) 2026: Interactive Chart & Historical Data

CPIA quality of budgetary and financial management rating (1=low to 6=high) in Latin America & Caribbean (excluding high income) stood at 2.778 in 2025, according to World Bank. The latest value is up 4.2% from 2.667 in 2024. Ten years earlier, in 2015, the value was 3.063 (down 9.3% since). The highest value since 2005 was 3.625 in 2007, the lowest 2.667 in 2024.

Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:2005–2025
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What is CPIA quality of budgetary and financial management rating (1=low to 6=high)?

CPIA quality of budgetary and financial management rating (1=low to 6=high) tracks changes in the price level of goods and services in Latin America & Caribbean (excluding high income). It serves as a primary gauge of purchasing power and cost of living, directly affecting consumer budgets, wage negotiations, and central bank interest rate decisions. Economists distinguish between "headline" inflation (all items) and "core" inflation (excluding volatile food and energy prices) to better understand underlying price trends. In Latin America & Caribbean (excluding high income), this metric is calculated by statistical agencies through regular surveys of thousands of retail prices across urban and rural areas. The resulting index allows comparisons over time: a value of 120 compared to a base of 100 means prices have risen 20% since the base period. Policymakers typically target a modest positive inflation rate (often around 2%) rather than zero, believing this encourages spending and investment while providing a buffer against deflation.

Key facts

What is the latest CPIA quality of budgetary and financial management rating (1=low to 6=high) in Latin America & Caribbean (excluding high income)?

CPIA quality of budgetary and financial management rating (1=low to 6=high) in Latin America & Caribbean (excluding high income) stood at 2.778 in 2025, according to World Bank.

Is CPIA quality of budgetary and financial management rating (1=low to 6=high) in Latin America & Caribbean (excluding high income) rising or falling?

The latest value is up 4.2% from 2.667 in 2024. Ten years earlier, in 2015, the value was 3.063 (down 9.3% since).

What is the highest CPIA quality of budgetary and financial management rating (1=low to 6=high) on record in Latin America & Caribbean (excluding high income)?

The highest value since 2005 was 3.625 in 2007, the lowest 2.667 in 2024.

Metadata for CPIA quality of budgetary and financial management rating (1=low to 6=high) in Latin America & Caribbean (excluding high income)
IndicatorCPIA quality of budgetary and financial management rating (1=low to 6=high)
CountryLatin America & Caribbean (excluding high income)
CategoryMacroeconomics
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series IQ.CPA.FINQ.XQ
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). CPIA quality of budgetary and financial management rating (1=low to 6=high) — Latin America & Caribbean (excluding high income) [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-iq-cpa-finq-xq/LAC. Original source: https://data.worldbank.org/indicator/IQ.CPA.FINQ.XQ

MLA

World Bank. "CPIA quality of budgetary and financial management rating (1=low to 6=high) — Latin America & Caribbean (excluding high income)." EconDash, 2026, https://econdash.org/chart/wdi-iq-cpa-finq-xq/LAC. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/IQ.CPA.FINQ.XQ.

Chicago

World Bank. 2026. "CPIA quality of budgetary and financial management rating (1=low to 6=high) — Latin America & Caribbean (excluding high income)." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-iq-cpa-finq-xq/LAC. Original source: https://data.worldbank.org/indicator/IQ.CPA.FINQ.XQ.

BibTeX
@misc{econdash_wdi_iq_cpa_finq_xq_lac,
  author = {{World Bank}},
  title = {{CPIA quality of budgetary and financial management rating (1=low to 6=high) --- Latin America \& Caribbean (excluding high income)}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-iq-cpa-finq-xq/LAC},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/IQ.CPA.FINQ.XQ}
}