Inflation Curaçao 2008
Average inflation: 6.9%
Current Inflation
Inflation is very high at 6.9%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 8.5%. The lowest inflation was in January at 4.4%.
- Highest month
- October: 8.5%
- Lowest month
- January: 4.4%
- Difference
- 4.1 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 3.2% higher than the 5-year average of 3.7%. This approaches the highest level since records began (6.9% in 2008).
- 5-year average
- 3.7%
- 10-year average
- 2.8%
- All-time high (2008)
- 6.9%
- All-time low (2002)
- 0.4%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +3.9 percentage point.
- Change vs. previous year
- +3.9 percentage points
- Largest monthly swing
- October: +5.2 percentage points
ECB Target
Inflation is 4.9% 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 €106.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 4.4% | +2.2 |
| February | 5.0% | +2.8 |
| March | 5.1% | +2.7 |
| April | 5.4% | +2.8 |
| May | 6.1% | +3.5 |
| June | 7.8% | +5.1 |
| July | 7.8% | +4.8 |
| August | 8.0% | +4.7 |
| September | 8.3% | +5.0 |
| October | 8.5% | +5.2 |
| November | 8.1% | +4.1 |
| December | 7.9% | +3.8 |
| Average | 6.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.