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 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 for 2019 was 2.10%, a 0.13% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 171.21%
Turkey 72.31%
Suriname 52.45%
Iran 43.49%
Bulgaria 15.33%
Belarus 15.21%
North Macedonia 14.20%
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%
Belize 6.28%
Guyana 6.12%
Namibia 6.08%
Thailand 6.08%
St. Vincent and the Grenadines 5.66%
Iraq 4.99%
Equatorial Guinea 4.79%
Fiji 4.52%
Libya 4.51%
Gabon 4.23%
Jordan 4.23%
Ecuador 3.47%
Malaysia 3.38%
Grenada 2.56%
Maldives 2.33%
China 1.97%
Tuvalu 0.00%
American Samoa 0.00%
Marshall Islands 0.00%
Nauru 0.00%
Turkmenistan 0.00%
Dominica 0.00%
Bosnia 0.00%
Cuba 0.00%
Venezuela 0.00%
Kazakhstan 0.00%
Russia 0.00%
Costa Rica Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%