Inflation Colombia 1983
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 January at 22.9%. The lowest inflation was in December at 16.8%.
- Highest month
- January: 22.9%
- Lowest month
- December: 16.8%
- Difference
- 6.1 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 4.8% lower than the 5-year average of 24.5%.
- 5-year average
- 24.5%
- 10-year average
- 24.2%
- All-time high (1977)
- 33.8%
- All-time low (1971)
- 12%
Trend
Inflation shows a downward trend. Compared to 1982, inflation has fallen by +5.0 percentage point.
- Change vs. previous year
- -5.0 percentage points
- Largest monthly swing
- September: -8.1 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 1983
Month overview
| Month | Inflation | Difference vs. 1982 |
|---|---|---|
| January | 22.9% | -2.9 |
| February | 21.8% | -3.2 |
| March | 21.3% | -3.9 |
| April | 22.5% | -2.0 |
| May | 21.9% | -3.4 |
| June | 20.3% | -4.4 |
| July | 20.1% | -3.4 |
| August | 18.2% | -5.7 |
| September | 16.9% | -8.1 |
| October | 17.2% | -8.1 |
| November | 16.9% | -7.9 |
| December | 16.8% | -7.1 |
| Average | 19.7% |
Data source
Data from OECD. Last updated: 24/11/2025.