Inflation Costa Rica 2020
Average inflation: 0.7%
Current Inflation
Inflation is very low at 0.7%, well below the ECB target.
Peak and Trough
The highest inflation was in March at 1.9%. The lowest inflation was in July at -0.2%.
- Highest month
- March: 1.9%
- Lowest month
- July: -0.2%
- Difference
- 2.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Health with an average of 2.4%. The lowest price increase was in Clothing and footwear with an average of -2.0%.
- Highest increase
- Health: 2.4%
- Lowest increase
- Clothing and footwear: -2.0%
Historical Context
Current inflation is 0.6% lower than the 5-year average of 1.3%.
- 5-year average
- 1.3%
- 10-year average
- 2.6%
- All-time high (2005)
- 13.8%
- All-time low (2016)
- 0%
Trend
Inflation shows a downward trend. Compared to 2019, inflation has fallen by +1.4 percentage point.
- Change vs. previous year
- -1.4 percentage points
- Largest monthly swing
- July: -3.1 percentage points
ECB Target
Inflation is 1.3% 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 €100.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 1.6% | -0.1 |
| February | 1.8% | +0.3 |
| March | 1.9% | +0.5 |
| April | 0.9% | -1.2 |
| May | 0.6% | -1.7 |
| June | 0.3% | -2.1 |
| July | -0.2% | -3.1 |
| August | -0.1% | -3.0 |
| September | 0.3% | -2.2 |
| October | 0.5% | -1.6 |
| November | 0.2% | -1.7 |
| December | 0.9% | -0.6 |
| Average | 0.7% |
Data source
Data from OECD. Last updated: 11/01/2026.