Inflation Colombia 1976

Average inflation: 19.7%

Current Inflation

Inflation is very high at 19.7%, far above the ECB target.

Peak and Trough

The highest inflation was in November at 26.8%. The lowest inflation was in May at 15.0%.

Highest month
November: 26.8%
Lowest month
May: 15.0%
Difference
11.8 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 0.7% lower than the 5-year average of 20.4%.

5-year average
20.4%
10-year average
19%
All-time high (1974)
23.9%
All-time low (1971)
12%

Trend

Inflation shows a downward trend. Compared to 1975, inflation has fallen by +3.9 percentage point.

Change vs. previous year
-3.9 percentage points
Largest monthly swing
February: -11.4 percentage points

ECB Target

Inflation is 17.7% 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 €119.70 next year at this inflation rate.

Multi-year trend

Monthly figures 1976

Month overview

Month Inflation Difference vs. 1975
January 16.7% -7.4
February 16.2% -11.4
March 15.8% -10.9
April 15.4% -10.4
May 15.0% -10.0
June 17.5% -7.5
July 20.0% -5.0
August 22.5% -2.5
September 22.0% -2.2
October 22.0% +1.4
November 26.8% +9.7
December 26.8% +9.7
Average 19.7%

Data source

Data from OECD. Last updated: 24/11/2025.

See also