Inflation Costa Rica 1988

Average inflation: 20.8%

Current Inflation

Inflation is very high at 20.8%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 25.4%. The lowest inflation was in January at 15.2%.

Highest month
December: 25.4%
Lowest month
January: 15.2%
Difference
10.2 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 5.5% higher than the 5-year average of 15.3%.

5-year average
15.3%
10-year average
26.6%
All-time high (1982)
89.4%
All-time low (1977)
4.2%

Trend

Inflation shows an upward trend. Compared to 1987, inflation has risen by +3.9 percentage point.

Change vs. previous year
+3.9 percentage points
Largest monthly swing
October: +9.4 percentage points

ECB Target

Inflation is 18.8% 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 €120.80 next year at this inflation rate.

Multi-year trend

Monthly figures 1988

Month overview

Month Inflation Difference vs. 1987
January 15.2% -2.5
February 19.5% +2.0
March 19.8% +1.4
April 19.4% -0.7
May 18.8% -1.6
June 19.8% +2.2
July 20.7% +6.0
August 21.1% +6.5
September 21.7% +7.6
October 24.5% +9.4
November 23.2% +6.9
December 25.4% +9.0
Average 20.8%

Data source

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

See also