Inflation Ecuador 1997
Average inflation: 30.7%
Current Inflation
Inflation is very high at 30.7%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 31.8%. The lowest inflation was in April at 28.9%.
- Highest month
- February: 31.8%
- Lowest month
- April: 28.9%
- Difference
- 2.9 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is around the 5-year average of 30.4%.
- 5-year average
- 30.4%
- 10-year average
- 43.8%
- All-time high (1989)
- 78.1%
- All-time low (1979)
- 10.1%
Trend
Inflation shows an upward trend. Compared to 1996, inflation has risen by +6.3 percentage point.
- Change vs. previous year
- +6.3 percentage points
- Largest monthly swing
- May: +8.8 percentage points
ECB Target
Inflation is 28.7% 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 €130.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1997
Month overview
| Month | Inflation | Difference vs. 1996 |
|---|---|---|
| January | 30.6% | +8.5 |
| February | 31.8% | +8.1 |
| March | 29.9% | +5.1 |
| April | 28.9% | +3.8 |
| May | 31.2% | +8.8 |
| June | 31.1% | +8.3 |
| July | 31.5% | +7.4 |
| August | 30.7% | +5.5 |
| September | 30.6% | +5.6 |
| October | 31.0% | +5.6 |
| November | 29.9% | +3.7 |
| December | 30.7% | +5.1 |
| Average | 30.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.