Inflation Ecuador 1989

Average inflation: 78.1%

Current Inflation

Inflation is very high at 78.1%, far above the ECB target.

Peak and Trough

The highest inflation was in March at 99.1%. The lowest inflation was in December at 54.2%.

Highest month
March: 99.1%
Lowest month
December: 54.2%
Difference
44.9 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 35.0% higher than the 5-year average of 43.1%. This approaches the highest level since records began (78.1% in 1989).

5-year average
43.1%
10-year average
33.8%
All-time high (1989)
78.1%
All-time low (1972)
7.5%

Trend

Inflation shows an upward trend. Compared to 1988, inflation has risen by +21.1 percentage point.

Change vs. previous year
+21.1 percentage points
Largest monthly swing
March: +62.4 percentage points

ECB Target

Inflation is 76.1% 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 €178.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1989

Month overview

Month Inflation Difference vs. 1988
January 89.4% +55.1
February 90.9% +53.3
March 99.1% +62.4
April 91.3% +48.0
May 84.6% +36.6
June 84.3% +34.4
July 78.2% +22.5
August 72.8% +9.8
September 68.7% -2.8
October 64.2% -13.2
November 59.2% -21.3
December 54.2% -31.5
Average 78.1%

Data source

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

See also