Inflation Ecuador 1984

Average inflation: 32.8%

Current Inflation

Inflation is very high at 32.8%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 49.7%. The lowest inflation was in October at 19.1%.

Highest month
January: 49.7%
Lowest month
October: 19.1%
Difference
30.6 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 8.3% higher than the 5-year average of 24.5%.

5-year average
24.5%
10-year average
18.4%
All-time high (1983)
47.8%
All-time low (1972)
7.5%

Trend

Inflation shows an upward trend. Compared to 1983, inflation has risen by -15.0 percentage point.

Change vs. previous year
-15.0 percentage points
Largest monthly swing
September: -43.5 percentage points

ECB Target

Inflation is 30.8% 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 €132.80 next year at this inflation rate.

Multi-year trend

Monthly figures 1984

Month overview

Month Inflation Difference vs. 1983
January 49.7% +21.4
February 48.8% +18.5
March 48.0% +15.4
April 44.7% +7.6
May 36.9% -8.3
June 30.2% -21.2
July 25.2% -31.3
August 22.6% -37.1
September 19.9% -43.5
October 19.1% -42.0
November 22.9% -32.9
December 25.1% -27.4
Average 32.8%

Data source

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

See also