Inflation Ecuador 1977
Average inflation: 13.0%
Inflation in 1977
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
Inflation is 1.5 percentage points 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
Over the period 1975-1977, inflation shows a downward trend. Compared to 1976, inflation has risen by 2.9 percentage points.
- Change vs. previous year
- +2.9 percentage points
- Largest monthly swing
- April: +7.4 percentage points
ECB Target
Inflation is 11.0 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 $113 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.