Inflation Costa Rica 2021
Average inflation: 1.7%
Current Inflation
Inflation is low at 1.7%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in November at 3.3%. The lowest inflation was in February at 0.4%.
- Highest month
- November: 3.3%
- Lowest month
- February: 0.4%
- Difference
- 2.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 9.3%. The lowest price increase was in Clothing and footwear with an average of -2.4%.
- Highest increase
- Transport: 9.3%
- Lowest increase
- Clothing and footwear: -2.4%
Historical Context
Current inflation is around the 5-year average of 1.7%.
- 5-year average
- 1.7%
- 10-year average
- 2.3%
- All-time high (2005)
- 13.8%
- All-time low (2016)
- 0%
Trend
Inflation has remained relatively stable. Compared to 2020, the difference is minimal (+1.0 percentage point).
- Change vs. previous year
- +1.0 percentage points
- Largest monthly swing
- November: +3.1 percentage points
ECB Target
Inflation is 0.3% 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 €101.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 1.0% | -0.6 |
| February | 0.4% | -1.4 |
| March | 0.5% | -1.4 |
| April | 1.2% | +0.3 |
| May | 1.3% | +0.7 |
| June | 1.9% | +1.6 |
| July | 1.4% | +1.6 |
| August | 1.7% | +1.8 |
| September | 2.1% | +1.8 |
| October | 2.5% | +2.0 |
| November | 3.3% | +3.1 |
| December | 3.3% | +2.4 |
| Average | 1.7% |
Data source
Data from OECD. Last updated: 11/01/2026.