Inflation Ecuador 1974

Average inflation: 22.7%

Current Inflation

Inflation is very high at 22.7%, far above the ECB target.

Peak and Trough

The highest inflation was in April at 27.4%. The lowest inflation was in January at 17.4%.

Highest month
April: 27.4%
Lowest month
January: 17.4%
Difference
10.0 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 9.7% higher than the 5-year average of 13.0%. This approaches the highest level since records began (22.7% in 1974).

5-year average
13%
10-year average
13%
All-time high (1974)
22.7%
All-time low (1972)
7.5%

Trend

Inflation shows an upward trend. Compared to 1973, inflation has risen by +10.6 percentage point.

Change vs. previous year
+10.6 percentage points
Largest monthly swing
March: +15.4 percentage points

ECB Target

Inflation is 20.7% 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 €122.70 next year at this inflation rate.

Multi-year trend

Monthly figures 1974

Month overview

Month Inflation Difference vs. 1973
January 17.4% +9.8
February 20.5% +13.5
March 23.9% +15.4
April 27.4% +15.3
May 24.5% +11.2
June 22.3% +11.1
July 22.1% +11.7
August 23.1% +11.3
September 24.0% +11.2
October 21.1% +4.8
November 23.6% +7.2
December 22.3% +4.6
Average 22.7%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also