Inflation Colombia 1979
Average inflation: 24.0%
Current Inflation
Inflation is very high at 24.0%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 27.8%. The lowest inflation was in January at 20.6%.
- Highest month
- November: 27.8%
- Lowest month
- January: 20.6%
- Difference
- 7.2 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is around the 5-year average of 23.8%.
- 5-year average
- 23.8%
- 10-year average
- 21.1%
- All-time high (1977)
- 33.8%
- All-time low (1971)
- 12%
Trend
Inflation shows a downward trend. Compared to 1978, inflation has fallen by +5.9 percentage point.
- Change vs. previous year
- +5.9 percentage points
- Largest monthly swing
- September: +14.2 percentage points
ECB Target
Inflation is 22.0% 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 €124.00 next year at this inflation rate.
Multi-year trend
Monthly figures 1979
Month overview
| Month | Inflation | Difference vs. 1978 |
|---|---|---|
| January | 20.6% | -7.7 |
| February | 21.7% | -3.8 |
| March | 22.5% | +0.1 |
| April | 23.6% | +7.5 |
| May | 23.0% | +7.4 |
| June | 21.1% | +5.9 |
| July | 22.4% | +9.0 |
| August | 25.0% | +11.6 |
| September | 27.6% | +14.2 |
| October | 25.6% | +9.2 |
| November | 27.8% | +9.9 |
| December | 27.5% | +8.1 |
| Average | 24.0% |
Data source
Data from OECD. Last updated: 24/11/2025.