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 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 for 2019 was 0.27%, a 0.49% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Turkey 72.31%
Suriname 52.45%
Bulgaria 15.33%
Belarus 15.21%
North Macedonia 14.20%
Bosnia 14.02%
Azerbaijan 13.85%
Romania 13.80%
Montenegro 13.04%
Serbia 11.98%
Botswana 11.67%
Tonga 10.97%
Samoa 10.96%
Mauritius 10.77%
Jamaica 10.35%
Colombia 10.18%
Paraguay 9.77%
Brazil 9.28%
Algeria 9.27%
Dominican Republic 8.81%
Armenia 8.64%
Peru 8.33%
Costa Rica 8.27%
Mexico 7.90%
South Africa 7.04%
Guatemala 6.89%
Albania 6.73%
St. Lucia 6.38%
Namibia 6.08%
Thailand 6.08%
St. Vincent and the Grenadines 5.66%
Iraq 4.99%
Equatorial Guinea 4.79%
Fiji 4.52%
Gabon 4.23%
Jordan 4.23%
Ecuador 3.47%
Malaysia 3.38%
Maldives 2.33%
China 1.97%
Ecuador Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%