Inflation Colombia 1987

Average inflation: 23.3%

Current Inflation

Inflation is very high at 23.3%, far above the ECB target.

Peak and Trough

The highest inflation was in July at 26.6%. The lowest inflation was in April at 19.6%.

Highest month
July: 26.6%
Lowest month
April: 19.6%
Difference
7.0 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.9% higher than the 5-year average of 20.4%.

5-year average
20.4%
10-year average
22.3%
All-time high (1977)
33.8%
All-time low (1971)
12%

Trend

Inflation has remained relatively stable. Compared to 1986, the difference is minimal (+4.3 percentage point).

Change vs. previous year
+4.3 percentage points
Largest monthly swing
July: +12.7 percentage points

ECB Target

Inflation is 21.3% 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 €123.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1987

Month overview

Month Inflation Difference vs. 1986
January 21.3% -2.2
February 19.8% -3.7
March 20.2% -2.6
April 19.6% -3.2
May 22.7% +6.4
June 24.7% +11.4
July 26.6% +12.7
August 25.5% +9.3
September 25.1% +8.2
October 24.8% +6.5
November 24.8% +5.2
December 24.0% +3.2
Average 23.3%

Data source

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

See also