Overview of the Upcoming Price Increases for PlayStation Plus
- PlayStation Plus subscription costs will rise in 16 Latin American nations.
- The price hikes across various tiers will range from 8% to 21%.
- The new pricing structure will be implemented on April 16, 2025.
PlayStation Plus is set to increase its subscription costs in 16 nations throughout Latin America, with these changes scheduled to take effect on April 16, 2025. This adjustment marks the second significant price escalation for PS Plus in this region within the past 18 months.
In September 2023, Sony initiated a global hike in PlayStation Plus prices across all tiers, with increases averaging around 30%, which also impacted Latin American markets. Now, just a year and a half later, select countries in this region will see further adjustments, as announced by Sony on April 9. These new prices will vary by subscription tier, with increases ranging from 8.34% to 21.43%. The affected countries include Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, and Uruguay.
Details of Price Increases for PlayStation Plus in Latin America
| Tier | 1 Month | 3 Months | 12 Months |
|---|---|---|---|
| PS Plus Essential | $6.99 → $7.99 (+14.31%) | $17.99 → $20.99 (+16.68%) | $59.99 → $64.99 (+8.34%) |
| PS Plus Extra | $9.99 → $11.99 (+20.02%) | $27.99 → $33.99 (+21.43%) | $89.99 → $107.99 (+20.00%) |
| PS Plus Premium | $11.99 → $13.99 (+16.68%) | $34.99 → $39.99 (+14.29%) | $109.99 → $124.99 (+13.64%) |
The upcoming price hikes are occurring at a time when many Latin American countries have been grappling with high inflation rates. For example, Brazil’s inflation rate as of February 2025 was 5.06%, a significant drop from the previous year’s 9.28%, yet still exceeding the central bank’s target of 4.83%. In contrast, Argentina’s inflation soared to an unprecedented 211.4% in 2023 and remains high at 66.9% in January 2025.
List of Affected Countries
- Argentina
- Bolivia
- Brazil
- Chile
- Colombia
- Costa Rica
- Ecuador
- El Salvador
- Guatemala
- Honduras
- Mexico
- Nicaragua
- Panama
- Paraguay
- Peru
- Uruguay
Reasons Behind Sony’s PS Plus Price Increase in Latin America
Sony has attributed the price hikes to unfavorable conditions within the global market. The company asserts that the revised pricing will enable them to continue delivering premium games and appealing features to subscribers. This rationale mirrors the justification provided during the September 2023 price increase.
Notably, Sony’s previous price adjustments have proven profitable, as evidenced by an 18% year-over-year rise in PS Plus earnings reported in November 2024. However, this financial report also indicated a shift in communication, with Sony discontinuing subscriber count updates, possibly reflecting challenges such as stagnation in growth or a decline in overall membership numbers.
Source: PS Blog Brazil (Portuguese), GamesIndustry.biz