Inflation Costa Rica 1990

Average inflation: 18.9%

Inflation in 1990

Inflation is very high at 18.9%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 27.2%. The lowest inflation was in January at 12.1%.

Highest month
December: 27.2%
Lowest month
January: 12.1%
Difference
15.1 percentage points
Months with data
12 of 12

Historical Context

Inflation is 1.9 percentage points higher than the 5-year average of 17.0%.

5-year average
17%
10-year average
27.4%
All-time high (1982)
89.4%
All-time low (1977)
4.2%

Trend

Over the period 1988-1990, inflation shows a downward trend. Compared to 1989, inflation has risen by 2.2 percentage points.

Change vs. previous year
+2.2 percentage points
Largest monthly swing
December: +17.2 percentage points

ECB Target

Inflation is 16.9 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 CRC 100 this year will cost approximately CRC 118.90 next year at this inflation rate.

Multi-year trend

Monthly figures 1990

Month overview

Month Inflation Difference vs. 1989
January 12.1% -12.6
February 12.8% -7.4
March 14.5% -3.6
April 16.6% +0.4
May 16.4% -0.8
June 18.0% +1.1
July 19.8% +2.9
August 21.3% +4.4
September 21.1% +5.2
October 22.4% +8.5
November 24.7% +11.2
December 27.2% +17.2
Average 18.9%

Data source

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

See also