Inflation Ecuador 1988

Average inflation: 57.0%

Current Inflation

Inflation is very high at 57.0%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 85.7%. The lowest inflation was in January at 34.3%.

Highest month
December: 85.7%
Lowest month
January: 34.3%
Difference
51.4 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 23.0% higher than the 5-year average of 34.0%. This approaches the highest level since records began (57.0% in 1988).

5-year average
34%
10-year average
27%
All-time high (1988)
57%
All-time low (1972)
7.5%

Trend

Inflation shows an upward trend. Compared to 1987, inflation has risen by +27.6 percentage point.

Change vs. previous year
+27.6 percentage points
Largest monthly swing
December: +53.2 percentage points

ECB Target

Inflation is 55.0% 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 €157.00 next year at this inflation rate.

Multi-year trend

Monthly figures 1988

Month overview

Month Inflation Difference vs. 1987
January 34.3% +8.8
February 37.6% +12.1
March 36.7% +7.2
April 43.3% +13.8
May 48.0% +17.7
June 49.9% +18.2
July 55.7% +23.8
August 63.0% +33.2
September 71.5% +42.3
October 77.4% +50.1
November 80.5% +49.9
December 85.7% +53.2
Average 57.0%

Data source

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

See also