CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands		3 Months Ended
		Nov. 30, 2022	Nov. 30, 2021
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Net income		$ 32,905	$ 30,530
Less: net income attributable to noncontrolling interest			(19)
Net income attributable to PriceSmart, Inc.		32,905	30,511
Other Comprehensive Income, net of tax:
Foreign currency translation adjustments	[1]	(885)	(8,131)
Defined benefit pension plan:
Net gain/(loss) arising during period		(28)	17
Amortization of prior service cost and actuarial gains included in net periodic pensions cost		37	34
Total defined benefit pension plan		9	51
Derivative instruments:
Unrealized losses on change in derivative obligations	[2]	(695)	(1,301)
Unrealized gains/(losses) on change in fair value of interest rate swaps	[2]	(1,716)	3,250
Amounts reclassified from accumulated other comprehensive income to other expense, net for settlement of derivatives	[2]	2,736
Total derivative instruments	[2]	325	1,949
Other comprehensive loss		(551)	(6,131)
Comprehensive income		32,354	24,380
Less: comprehensive income attributable to noncontrolling interest			3
Comprehensive income attributable to PriceSmart, Inc.		$ 32,354	$ 24,377

[1] Translation adjustments arising in translating the financial statements of a foreign entity have no effect on the income taxes of that foreign entity. They may, however, affect: (a) the amount, measured in the parent entity's reporting currency, of withholding taxes assessed on dividends paid to the parent entity and (b) the amount of taxes assessed on the parent entity by the government of its country. The Company has determined that the reinvestment of earnings of its foreign subsidiaries are indefinite because of the long-term nature of the Company's foreign investment plans. Therefore, deferred taxes are not provided for on translation adjustments related to non-remitted earnings of the Company's foreign subsidiaries.

[2] See Note 8 - Derivative Instruments and Hedging Activities.