Costa Rica Inflation Rate 1960-2024
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.
- Costa Rica inflation rate for 2023 was 0.53%, a 7.75% decline from 2022.
- Costa Rica inflation rate for 2022 was 8.27%, a 6.55% increase from 2021.
- Costa Rica inflation rate for 2021 was 1.73%, a 1% increase from 2020.
- Costa Rica inflation rate for 2020 was 0.72%, a 1.37% decline from 2019.
| Costa Rica Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
0.53% |
-7.75% |
| 2022 |
8.27% |
6.55% |
| 2021 |
1.73% |
1.00% |
| 2020 |
0.72% |
-1.37% |
| 2019 |
2.10% |
-0.13% |
| 2018 |
2.22% |
0.60% |
| 2017 |
1.63% |
1.64% |
| 2016 |
-0.02% |
-0.82% |
| 2015 |
0.80% |
-3.72% |
| 2014 |
4.52% |
-0.71% |
| 2013 |
5.23% |
0.74% |
| 2012 |
4.50% |
-0.38% |
| 2011 |
4.88% |
-0.78% |
| 2010 |
5.66% |
-2.18% |
| 2009 |
7.84% |
-5.58% |
| 2008 |
13.42% |
4.07% |
| 2007 |
9.36% |
-2.11% |
| 2006 |
11.47% |
-2.33% |
| 2005 |
13.80% |
1.48% |
| 2004 |
12.31% |
2.87% |
| 2003 |
9.45% |
0.28% |
| 2002 |
9.17% |
-2.09% |
| 2001 |
11.26% |
0.29% |
| 2000 |
10.96% |
0.92% |
| 1999 |
10.05% |
-1.61% |
| 1998 |
11.66% |
-1.59% |
| 1997 |
13.25% |
-4.26% |
| 1996 |
17.51% |
-5.68% |
| 1995 |
23.19% |
9.65% |
| 1994 |
13.53% |
3.76% |
| 1993 |
9.78% |
-12.01% |
| 1992 |
21.79% |
-6.92% |
| 1991 |
28.71% |
9.67% |
| 1990 |
19.04% |
2.53% |
| 1989 |
16.51% |
-4.32% |
| 1988 |
20.83% |
3.99% |
| 1987 |
16.84% |
5.01% |
| 1986 |
11.84% |
-3.22% |
| 1985 |
15.06% |
3.11% |
| 1984 |
11.95% |
-20.68% |
| 1983 |
32.62% |
-57.50% |
| 1982 |
90.12% |
53.07% |
| 1981 |
37.06% |
18.92% |
| 1980 |
18.14% |
8.95% |
| 1979 |
9.19% |
3.18% |
| 1978 |
6.01% |
1.82% |
| 1977 |
4.19% |
0.70% |
| 1976 |
3.49% |
-13.88% |
| 1975 |
17.37% |
-12.70% |
| 1974 |
30.07% |
14.86% |
| 1973 |
15.21% |
10.61% |
| 1972 |
4.60% |
1.52% |
| 1971 |
3.08% |
-1.57% |
| 1970 |
4.65% |
2.02% |
| 1969 |
2.63% |
-1.46% |
| 1968 |
4.09% |
2.89% |
| 1967 |
1.21% |
1.03% |
| 1966 |
0.18% |
0.85% |
| 1965 |
-0.67% |
-3.99% |
| 1964 |
3.32% |
0.39% |
| 1963 |
2.93% |
0.25% |
| 1962 |
2.68% |
0.25% |
| 1961 |
2.43% |
1.64% |
| 1960 |
0.79% |
1.64% |
