Inflation Colombia 1980

Average inflation: 26.6%

Current Inflation

Inflation is very high at 26.6%, far above the ECB target.

Peak and Trough

The highest inflation was in June at 28.3%. The lowest inflation was in March at 24.1%.

Highest month
June: 28.3%
Lowest month
March: 24.1%
Difference
4.2 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.2% higher than the 5-year average of 24.4%.

5-year average
24.4%
10-year average
21.7%
All-time high (1977)
33.8%
All-time low (1971)
12%

Trend

Inflation shows an upward trend. Compared to 1979, inflation has risen by +2.6 percentage point.

Change vs. previous year
+2.6 percentage points
Largest monthly swing
January: +7.4 percentage points

ECB Target

Inflation is 24.6% 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 €126.60 next year at this inflation rate.

Multi-year trend

Monthly figures 1980

Month overview

Month Inflation Difference vs. 1979
January 28.0% +7.4
February 26.2% +4.5
March 24.1% +1.6
April 25.8% +2.2
May 27.5% +4.5
June 28.3% +7.2
July 28.0% +5.6
August 26.3% +1.3
September 25.8% -1.8
October 26.5% +0.9
November 25.7% -2.1
December 26.5% -1.0
Average 26.6%

Data source

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

See also