Colombia Inflation Rate 1960-2022

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Colombia inflation rate for 2021 was 3.50%, a 0.97% increase from 2020.
  • Colombia inflation rate for 2020 was 2.52%, a 1% decline from 2019.
  • Colombia inflation rate for 2019 was 3.53%, a 0.29% increase from 2018.
  • Colombia inflation rate for 2018 was 3.24%, a 1.07% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 154.76%
Suriname 59.11%
Turkey 19.60%
Belarus 9.46%
Brazil 8.30%
Dominican Republic 8.24%
Botswana 7.24%
Algeria 7.23%
Armenia 7.18%
Russia 6.69%
Azerbaijan 6.65%
Iraq 6.04%
Jamaica 5.86%
Mexico 5.69%
Romania 5.05%
Guyana 5.03%
Paraguay 4.79%
South Africa 4.61%
Peru 4.27%
Guatemala 4.26%
Serbia 4.09%
Mauritius 4.03%
Namibia 3.62%
Colombia 3.50%
Bulgaria 3.30%
North Macedonia 3.23%
Samoa 3.13%
Malaysia 2.48%
Montenegro 2.41%
St. Lucia 2.41%
Albania 2.04%
Bosnia 1.98%
Costa Rica 1.73%
St. Vincent and the Grenadines 1.57%
Jordan 1.35%
Thailand 1.23%
Grenada 1.22%
China 0.98%
Maldives 0.54%
Dominica 0.52%
Fiji 0.16%
Ecuador 0.13%
Colombia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 3.50% 0.97%
2020 2.52% -1.00%
2019 3.53% 0.29%
2018 3.24% -1.07%
2017 4.31% -3.20%
2016 7.51% 2.52%
2015 4.99% 2.09%
2014 2.90% 0.88%
2013 2.02% -1.15%
2012 3.17% -0.25%
2011 3.42% 1.15%
2010 2.27% -1.93%
2009 4.20% -2.80%
2008 7.00% 1.45%
2007 5.55% 1.25%
2006 4.29% -0.76%
2005 5.05% -0.85%
2004 5.90% -1.23%
2003 7.13% 0.78%
2002 6.35% -1.62%
2001 7.97% -1.25%
2000 9.22% -1.65%
1999 10.87% -7.81%
1998 18.68% 0.22%
1997 18.46% -2.33%
1996 20.80% -0.10%
1995 20.90% -1.95%
1994 22.85% 0.41%
1993 22.44% -4.59%
1992 27.03% -3.32%
1991 30.35% 1.21%
1990 29.14% 3.28%
1989 25.86% -2.28%
1988 28.14% 4.83%
1987 23.31% 4.46%
1986 18.85% -5.12%
1985 23.97% 7.61%
1984 16.36% -3.12%
1983 19.49% -5.21%
1982 24.70% -2.82%
1981 27.52% 0.94%
1980 26.58% 2.38%
1979 24.20% 6.68%
1978 17.51% -16.58%
1977 34.09% 15.17%
1976 18.92% -6.27%
1975 25.19% 2.61%
1974 22.58% -0.02%
1973 22.60% 10.57%
1972 12.03% -0.03%
1971 12.06% 5.15%
1970 6.91% -0.07%
1969 6.98% -0.47%
1968 7.45% -0.88%
1967 8.33% -8.40%
1966 16.73% 9.14%
1965 7.59% -9.48%
1964 17.07% -9.28%
1963 26.36% 21.66%
1962 4.70% -3.59%
1961 8.28% 2.47%
1960 5.81% 2.47%