Inflation Colombia 2007
Average inflation: 5.5%
Inflation in 2007
Inflation is very high at 5.5%, far above the ECB target.
Peak and Trough
The highest inflation was in April at 6.2%. The lowest inflation was in January at 4.7%.
- Highest month
- April: 6.2%
- Lowest month
- January: 4.7%
- Difference
- 1.5 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is around the 5-year average of 5.6%.
- 5-year average
- 5.6%
- 10-year average
- 8.1%
- All-time high (1991)
- 30.5%
- All-time low (2006)
- 4.3%
Trend
Over the period 2005-2007, inflation has remained relatively stable. Compared to 2006, inflation has risen by 1.2 percentage points.
- Change vs. previous year
- +1.2 percentage points
- Largest monthly swing
- May: +2.2 percentage points
ECB Target
Inflation is 3.5 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 106 next year at this inflation rate.
Multi-year trend
Monthly figures 2007
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | 4.7% | +0.1 |
| February | 5.3% | +1.1 |
| March | 5.8% | +1.7 |
| April | 6.2% | +2.1 |
| May | 6.2% | +2.2 |
| June | 6.0% | +2.1 |
| July | 5.8% | +1.5 |
| August | 5.2% | +0.5 |
| September | 5.0% | +0.4 |
| October | 5.2% | +1.0 |
| November | 5.4% | +1.1 |
| December | 5.7% | +1.2 |
| Average | 5.5% |
Data source
Data from OECD. Last updated: 17/12/2025.