Ecuador 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.
- Ecuador inflation rate for 2023 was 2.22%, a 1.25% decline from 2022.
- Ecuador inflation rate for 2022 was 3.47%, a 3.33% increase from 2021.
- 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 - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
2.22% |
-1.25% |
| 2022 |
3.47% |
3.33% |
| 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% |
1.13% |
| 2005 |
2.17% |
-0.57% |
| 2004 |
2.74% |
-5.19% |
| 2003 |
7.93% |
-4.55% |
| 2002 |
12.48% |
-25.19% |
| 2001 |
37.68% |
-58.42% |
| 2000 |
96.10% |
43.85% |
| 1999 |
52.24% |
16.14% |
| 1998 |
36.10% |
5.44% |
| 1997 |
30.66% |
6.25% |
| 1996 |
24.41% |
1.48% |
| 1995 |
22.93% |
-4.38% |
| 1994 |
27.31% |
-17.64% |
| 1993 |
44.96% |
-9.65% |
| 1992 |
54.61% |
5.89% |
| 1991 |
48.72% |
0.20% |
| 1990 |
48.52% |
-27.13% |
| 1989 |
75.65% |
17.43% |
| 1988 |
58.22% |
28.71% |
| 1987 |
29.50% |
6.47% |
| 1986 |
23.03% |
-4.96% |
| 1985 |
27.99% |
-3.23% |
| 1984 |
31.22% |
-17.20% |
| 1983 |
48.42% |
32.13% |
| 1982 |
16.28% |
2.24% |
| 1981 |
14.05% |
2.14% |
| 1980 |
11.91% |
1.79% |
| 1979 |
10.12% |
-2.98% |
| 1978 |
13.10% |
0.15% |
| 1977 |
12.94% |
2.77% |
| 1976 |
10.17% |
-4.12% |
| 1975 |
14.29% |
-8.41% |
| 1974 |
22.70% |
10.58% |
| 1973 |
12.13% |
4.60% |
| 1972 |
7.53% |
-2.00% |
| 1971 |
9.52% |
4.35% |
| 1970 |
5.17% |
-1.16% |
| 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% |
