Inflation Colombia 2005
Average inflation: 5.0%
Inflation in 2005
Inflation is very high at 5.0%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 5.4%. The lowest inflation was in June at 4.8%.
- Highest month
- January: 5.4%
- Lowest month
- June: 4.8%
- Difference
- 0.6 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 1.5 percentage points lower than the 5-year average of 6.5%. This approaches the lowest level since records began (5.0% in 2005).
- 5-year average
- 6.5%
- 10-year average
- 11.1%
- All-time high (1991)
- 30.5%
- All-time low (2005)
- 5%
Trend
Over the period 2003-2005, inflation shows a downward trend. Compared to 2004, inflation has fallen by 0.9 percentage points.
- Change vs. previous year
- -0.9 percentage points
- Largest monthly swing
- June: -1.3 percentage points
ECB Target
Inflation is 3.0 percentage points 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 COP 100 this year will cost approximately COP 105 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| January | 5.4% | -0.8 |
| February | 5.3% | -1.0 |
| March | 5.0% | -1.2 |
| April | 5.0% | -0.5 |
| May | 5.0% | -0.4 |
| June | 4.8% | -1.3 |
| July | 4.9% | -1.3 |
| August | 4.9% | -1.0 |
| September | 5.0% | -1.0 |
| October | 5.3% | -0.6 |
| November | 5.1% | -0.7 |
| December | 4.8% | -0.7 |
| Average | 5.0% |
Data source
Data from OECD. Last updated: 17/12/2025.