Inflation Colombia 1973
Average inflation: 22.4%
Current Inflation
Inflation is very high at 22.4%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 28.6%. The lowest inflation was in January at 15.0%.
- Highest month
- July: 28.6%
- Lowest month
- January: 15.0%
- Difference
- 13.6 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 6.8% higher than the 5-year average of 15.6%. This approaches the highest level since records began (22.4% in 1973).
- 5-year average
- 15.6%
- 10-year average
- 15.6%
- All-time high (1973)
- 22.4%
- All-time low (1971)
- 12%
Trend
Inflation shows an upward trend. Compared to 1972, inflation has risen by +9.9 percentage point.
- Change vs. previous year
- +9.9 percentage points
- Largest monthly swing
- July: +18.1 percentage points
ECB Target
Inflation is 20.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €122.40 next year at this inflation rate.
Multi-year trend
Monthly figures 1973
Month overview
| Month | Inflation | Difference vs. 1972 |
|---|---|---|
| January | 15.0% | +3.9 |
| February | 15.0% | +3.9 |
| March | 20.0% | +8.9 |
| April | 19.0% | +2.3 |
| May | 23.8% | +7.1 |
| June | 23.8% | +13.3 |
| July | 28.6% | +18.1 |
| August | 23.8% | +13.3 |
| September | 22.7% | +6.9 |
| October | 22.7% | +6.9 |
| November | 27.3% | +17.3 |
| December | 27.3% | +17.3 |
| Average | 22.4% |
Data source
Data from OECD. Last updated: 24/11/2025.