Inflation Ecuador 1996
Average inflation: 24.4%
Current Inflation
Inflation is very high at 24.4%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 26.2%. The lowest inflation was in January at 22.1%.
- Highest month
- November: 26.2%
- Lowest month
- January: 22.1%
- Difference
- 4.1 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 10.7% lower than the 5-year average of 35.1%.
- 5-year average
- 35.1%
- 10-year average
- 43.7%
- All-time high (1989)
- 78.1%
- All-time low (1979)
- 10.1%
Trend
Inflation shows a downward trend. Compared to 1995, inflation has fallen by +1.4 percentage point.
- Change vs. previous year
- +1.4 percentage points
- Largest monthly swing
- January: -4.8 percentage points
ECB Target
Inflation is 22.4% 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 €124.40 next year at this inflation rate.
Multi-year trend
Monthly figures 1996
Month overview
| Month | Inflation | Difference vs. 1995 |
|---|---|---|
| January | 22.1% | -4.8 |
| February | 23.7% | +0.2 |
| March | 24.8% | +2.1 |
| April | 25.1% | +2.9 |
| May | 22.4% | -0.5 |
| June | 22.8% | +0.3 |
| July | 24.1% | +1.6 |
| August | 25.2% | +3.2 |
| September | 25.0% | +2.2 |
| October | 25.4% | +2.5 |
| November | 26.2% | +4.0 |
| December | 25.6% | +2.8 |
| Average | 24.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.