Inflation Ecuador 1977

Average inflation: 13.0%

Current Inflation

Inflation is very high at 13.0%, far above the ECB target.

Peak and Trough

The highest inflation was in May at 14.5%. The lowest inflation was in July at 11.4%.

Highest month
May: 14.5%
Lowest month
July: 11.4%
Difference
3.1 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 1.5% lower than the 5-year average of 14.5%.

5-year average
14.5%
10-year average
12.8%
All-time high (1974)
22.7%
All-time low (1972)
7.5%

Trend

Inflation shows a downward trend. Compared to 1976, inflation has fallen by +2.9 percentage point.

Change vs. previous year
+2.9 percentage points
Largest monthly swing
April: +7.4 percentage points

ECB Target

Inflation is 11.0% 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 €113.00 next year at this inflation rate.

Multi-year trend

Monthly figures 1977

Month overview

Month Inflation Difference vs. 1976
January 12.6% +2.9
February 12.2% +4.0
March 12.8% +6.4
April 13.8% +7.4
May 14.5% +6.7
June 12.7% +3.1
July 11.4% 0.0
August 13.4% +2.8
September 13.8% +2.9
October 13.5% -0.6
November 12.3% -1.2
December 12.4% -0.7
Average 13.0%

Data source

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

See also