Inflation Colombia 1993
Average inflation: 22.5%
Current Inflation
Inflation is very high at 22.5%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 24.8%. The lowest inflation was in July at 20.5%.
- Highest month
- January: 24.8%
- Lowest month
- July: 20.5%
- Difference
- 4.3 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 4.5% lower than the 5-year average of 27.0%.
- 5-year average
- 27%
- 10-year average
- 24.6%
- All-time high (1977)
- 33.8%
- All-time low (1984)
- 16.2%
Trend
Inflation shows a downward trend. Compared to 1992, inflation has fallen by +4.6 percentage point.
- Change vs. previous year
- -4.6 percentage points
- Largest monthly swing
- July: -7.9 percentage points
ECB Target
Inflation is 20.5% 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 €122.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1993
Month overview
| Month | Inflation | Difference vs. 1992 |
|---|---|---|
| January | 24.8% | -2.7 |
| February | 24.7% | -2.6 |
| March | 24.2% | -2.9 |
| April | 23.1% | -4.0 |
| May | 22.2% | -5.1 |
| June | 21.4% | -6.7 |
| July | 20.5% | -7.9 |
| August | 21.1% | -6.6 |
| September | 21.5% | -5.4 |
| October | 21.7% | -4.7 |
| November | 22.4% | -3.3 |
| December | 22.6% | -2.6 |
| Average | 22.5% |
Data source
Data from OECD. Last updated: 24/11/2025.