Inflation Ecuador 1994
Average inflation: 27.5%
Current Inflation
Inflation is very high at 27.5%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 32.0%. The lowest inflation was in October at 23.8%.
- Highest month
- February: 32.0%
- Lowest month
- October: 23.8%
- Difference
- 8.2 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 17.5% lower than the 5-year average of 45.0%.
- 5-year average
- 45%
- 10-year average
- 44.1%
- All-time high (1989)
- 78.1%
- All-time low (1979)
- 10.1%
Trend
Inflation shows a downward trend. Compared to 1993, inflation has fallen by +18.9 percentage point.
- Change vs. previous year
- -18.9 percentage points
- Largest monthly swing
- January: -29.4 percentage points
ECB Target
Inflation is 25.5% 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 €127.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1994
Month overview
| Month | Inflation | Difference vs. 1993 |
|---|---|---|
| January | 29.1% | -29.4 |
| February | 32.0% | -23.8 |
| March | 31.6% | -24.5 |
| April | 30.8% | -22.8 |
| May | 26.9% | -27.9 |
| June | 26.5% | -25.6 |
| July | 25.8% | -24.1 |
| August | 27.2% | -18.9 |
| September | 26.2% | -9.3 |
| October | 23.8% | -7.7 |
| November | 24.5% | -7.8 |
| December | 25.4% | -5.6 |
| Average | 27.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.