Ecuador Inflation Rate 1960-2021

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 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 for 2017 was 0.42%, a 1.31% decline from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 84.86%
Turkey 12.28%
Kazakhstan 6.75%
Belarus 5.55%
Jamaica 5.23%
Equatorial Guinea 4.77%
Dominican Republic 3.78%
Mexico 3.40%
Russia 3.38%
South Africa 3.22%
Guatemala 3.21%
Brazil 3.21%
Azerbaijan 2.76%
Romania 2.63%
Mauritius 2.58%
Colombia 2.52%
China 2.42%
Algeria 2.42%
Namibia 2.21%
Botswana 1.89%
Peru 1.83%
Paraguay 1.77%
Bulgaria 1.67%
Albania 1.62%
Serbia 1.58%
Gabon 1.37%
Armenia 1.21%
North Macedonia 1.20%
Costa Rica 0.72%
Jordan 0.33%
Montenegro -0.26%
Ecuador -0.34%
Thailand -0.85%
Bosnia -1.05%
Malaysia -1.14%
Maldives -1.37%
Samoa -1.57%
Ecuador Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%