Ecuador Inflation Rate 1960-2023
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.
- Ecuador inflation rate for 2021 was 0.13%, a 0.47% increase from 2020.
- Ecuador inflation rate for 2020 was -0.34%, a 0.6% decline from 2019.
- Ecuador inflation rate for 2019 was 0.27%, a 0.49% increase from 2018.
- Ecuador inflation rate for 2018 was -0.22%, a 0.64% decline from 2017.
Ecuador Inflation Rate - Historical Data |
Year |
Inflation Rate (%) |
Annual Change |
2021 |
0.13% |
0.47% |
2020 |
-0.34% |
-0.60% |
2019 |
0.27% |
0.49% |
2018 |
-0.22% |
-0.64% |
2017 |
0.42% |
-1.31% |
2016 |
1.73% |
-2.24% |
2015 |
3.97% |
0.38% |
2014 |
3.59% |
0.87% |
2013 |
2.72% |
-2.38% |
2012 |
5.10% |
0.63% |
2011 |
4.47% |
0.92% |
2010 |
3.55% |
-1.61% |
2009 |
5.16% |
-3.24% |
2008 |
8.40% |
6.12% |
2007 |
2.28% |
-1.02% |
2006 |
3.30% |
0.89% |
2005 |
2.41% |
-0.33% |
2004 |
2.74% |
-5.19% |
2003 |
7.93% |
-4.55% |
2002 |
12.48% |
-25.19% |
2001 |
37.68% |
-58.42% |
2000 |
96.09% |
43.85% |
1999 |
52.24% |
16.14% |
1998 |
36.10% |
5.46% |
1997 |
30.64% |
6.27% |
1996 |
24.37% |
1.49% |
1995 |
22.89% |
-4.56% |
1994 |
27.44% |
-17.56% |
1993 |
45.00% |
-9.34% |
1992 |
54.34% |
5.54% |
1991 |
48.80% |
0.28% |
1990 |
48.52% |
-27.13% |
1989 |
75.65% |
17.43% |
1988 |
58.22% |
28.71% |
1987 |
29.50% |
6.47% |
1986 |
23.03% |
-4.95% |
1985 |
27.98% |
-3.25% |
1984 |
31.23% |
-17.20% |
1983 |
48.43% |
32.18% |
1982 |
16.26% |
-0.13% |
1981 |
16.39% |
3.34% |
1980 |
13.05% |
2.78% |
1979 |
10.27% |
-1.38% |
1978 |
11.65% |
-1.36% |
1977 |
13.01% |
2.34% |
1976 |
10.67% |
-4.69% |
1975 |
15.36% |
-7.96% |
1974 |
23.32% |
10.31% |
1973 |
13.01% |
5.13% |
1972 |
7.88% |
-0.50% |
1971 |
8.38% |
3.25% |
1970 |
5.13% |
-1.20% |
1969 |
6.33% |
2.01% |
1968 |
4.32% |
0.50% |
1967 |
3.82% |
-1.64% |
1966 |
5.45% |
2.38% |
1965 |
3.07% |
-0.97% |
1964 |
4.03% |
-1.91% |
1963 |
5.94% |
3.07% |
1962 |
2.87% |
-1.11% |
1961 |
3.99% |
2.31% |
1960 |
1.68% |
2.31% |