Inflation Ecuador 1973
Average inflation: 12.1%
Inflation in 1973
Inflation is very high at 12.1%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 17.7%. The lowest inflation was in February at 7.0%.
- Highest month
- December: 17.7%
- Lowest month
- February: 7.0%
- Difference
- 10.7 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 2.3 percentage points higher than the 5-year average of 9.8%. This approaches the highest level since records began (12.1% in 1973).
- 5-year average
- 9.8%
- 10-year average
- 9.8%
- All-time high (1973)
- 12.1%
- All-time low (1972)
- 7.5%
Trend
Over the period 1971-1973, inflation shows an upward trend. Compared to 1972, inflation has risen by 4.6 percentage points.
- Change vs. previous year
- +4.6 percentage points
- Largest monthly swing
- December: +12.0 percentage points
ECB Target
Inflation is 10.1 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 $100 this year will cost approximately $112.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1973
Month overview
| Month | Inflation | Difference vs. 1972 |
|---|---|---|
| January | 7.6% | +0.8 |
| February | 7.0% | -1.9 |
| March | 8.5% | +0.3 |
| April | 12.1% | +6.4 |
| May | 13.3% | +7.4 |
| June | 11.2% | +2.0 |
| July | 10.4% | +1.6 |
| August | 11.8% | +4.0 |
| September | 12.8% | +4.2 |
| October | 16.3% | +9.0 |
| November | 16.4% | +8.9 |
| December | 17.7% | +12.0 |
| Average | 12.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.