Inflation Costa Rica 2016
Average inflation: 0.0%
Current Inflation
Inflation is very low at 0.0%, well below the ECB target.
Peak and Trough
The highest inflation was in December at 0.8%. The lowest inflation was in March at -1.1%.
- Highest month
- December: 0.8%
- Lowest month
- March: -1.1%
- Difference
- 1.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 4.5%. The lowest price increase was in Transport with an average of -2.9%.
- Highest increase
- Education: 4.5%
- Lowest increase
- Transport: -2.9%
Historical Context
Current inflation is 3.0% lower than the 5-year average of 3.0%. This approaches the lowest level since records began (0.0% in 2016).
- 5-year average
- 3%
- 10-year average
- 5.6%
- All-time high (2005)
- 13.8%
- All-time low (2016)
- 0%
Trend
Inflation shows a downward trend. Compared to 2015, inflation has fallen by +0.8 percentage point.
- Change vs. previous year
- -0.8 percentage points
- Largest monthly swing
- January: -4.6 percentage points
ECB Target
Inflation is 2.0% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €100.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | -0.2% | -4.6 |
| February | 0.0% | -3.5 |
| March | -1.1% | -4.1 |
| April | -0.9% | -2.7 |
| May | -0.4% | -1.4 |
| June | -0.9% | -1.9 |
| July | 0.5% | +0.8 |
| August | 0.6% | +1.3 |
| September | 0.4% | +1.3 |
| October | 0.6% | +1.5 |
| November | 0.6% | +1.8 |
| December | 0.8% | +1.6 |
| Average | 0.0% |
Data source
Data from OECD. Last updated: 13/01/2026.