Inflation Colombia 1985

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 June at 28.2%. The lowest inflation was in January at 19.2%.

Highest month
June: 28.2%
Lowest month
January: 19.2%
Difference
9.0 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 1.6% higher than the 5-year average of 22.4%.

5-year average
22.4%
10-year average
23.4%
All-time high (1977)
33.8%
All-time low (1971)
12%

Trend

Inflation shows an upward trend. Compared to 1984, inflation has risen by +7.8 percentage point.

Change vs. previous year
+7.8 percentage points
Largest monthly swing
May: +13.5 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 1985

Month overview

Month Inflation Difference vs. 1984
January 19.2% +2.0
February 21.5% +4.6
March 22.7% +5.6
April 23.4% +7.8
May 27.8% +13.5
June 28.2% +13.1
July 26.0% +10.6
August 24.7% +8.8
September 24.4% +7.7
October 24.6% +9.1
November 23.4% +7.2
December 22.6% +4.4
Average 24.0%

Data source

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

See also