Inflation Ecuador 2002
Average inflation: 12.5%
Current Inflation
Inflation is very high at 12.5%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 16.5%. The lowest inflation was in December at 9.4%.
- Highest month
- January: 16.5%
- Lowest month
- December: 9.4%
- Difference
- 7.1 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 34.7% lower than the 5-year average of 47.2%. This approaches the lowest level since records began (12.5% in 2002).
- 5-year average
- 47.2%
- 10-year average
- 38.8%
- All-time high (2000)
- 95.5%
- All-time low (2002)
- 12.5%
Trend
Inflation shows a downward trend. Compared to 2001, inflation has fallen by +27.8 percentage point.
- Change vs. previous year
- -27.8 percentage points
- Largest monthly swing
- January: -62.2 percentage points
ECB Target
Inflation is 10.5% 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 €112.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2002
Month overview
| Month | Inflation | Difference vs. 2001 |
|---|---|---|
| January | 16.5% | -62.2 |
| February | 14.4% | -52.7 |
| March | 13.2% | -45.6 |
| April | 13.0% | -33.5 |
| May | 13.4% | -26.2 |
| June | 13.2% | -20.0 |
| July | 12.9% | -17.5 |
| August | 12.9% | -16.3 |
| September | 11.3% | -15.9 |
| October | 10.7% | -14.6 |
| November | 9.7% | -14.9 |
| December | 9.4% | -13.0 |
| Average | 12.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.