Inflation Ecuador 1999

Average inflation: 52.0%

Current Inflation

Inflation is very high at 52.0%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 60.7%. The lowest inflation was in February at 39.7%.

Highest month
December: 60.7%
Lowest month
February: 39.7%
Difference
21.0 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 18.8% higher than the 5-year average of 33.2%.

5-year average
33.2%
10-year average
39.1%
All-time high (1989)
78.1%
All-time low (1980)
11.9%

Trend

Inflation shows an upward trend. Compared to 1998, inflation has risen by +16.2 percentage point.

Change vs. previous year
+16.2 percentage points
Largest monthly swing
March: +23.7 percentage points

ECB Target

Inflation is 50.0% 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 €152.00 next year at this inflation rate.

Multi-year trend

Monthly figures 1999

Month overview

Month Inflation Difference vs. 1998
January 42.3% +14.6
February 39.7% +10.7
March 54.3% +23.7
April 56.1% +22.5
May 54.7% +20.8
June 53.1% +17.2
July 56.5% +22.3
August 55.3% +21.1
September 50.4% +12.6
October 47.1% +3.1
November 53.4% +8.4
December 60.7% +17.3
Average 52.0%

Data source

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

See also