Inflation Colombia 1991

Average inflation: 30.5%

Current Inflation

Inflation is very high at 30.5%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 32.0%. The lowest inflation was in December at 26.8%.

Highest month
January: 32.0%
Lowest month
December: 26.8%
Difference
5.2 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 3.1% higher than the 5-year average of 27.4%. This approaches the highest level since records began (33.8% in 1977).

5-year average
27.4%
10-year average
24%
All-time high (1977)
33.8%
All-time low (1972)
12.5%

Trend

Inflation shows an upward trend. Compared to 1990, inflation has risen by +1.4 percentage point.

Change vs. previous year
+1.4 percentage points
Largest monthly swing
December: -5.6 percentage points

ECB Target

Inflation is 28.5% 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 €130.50 next year at this inflation rate.

Multi-year trend

Monthly figures 1991

Month overview

Month Inflation Difference vs. 1990
January 32.0% +5.3
February 31.7% +4.6
March 31.1% +3.4
April 31.2% +3.2
May 31.5% +3.2
June 31.1% +2.1
July 31.7% +3.1
August 31.2% +2.2
September 30.1% -0.2
October 29.2% -1.5
November 28.3% -2.7
December 26.8% -5.6
Average 30.5%

Data source

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

See also