Inflation Ecuador 2016

Average inflation: 1.7%

Current Inflation

Inflation is low at 1.7%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in January at 3.1%. The lowest inflation was in November at 1.1%.

Highest month
January: 3.1%
Lowest month
November: 1.1%
Difference
2.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 3.5%. The lowest price increase was in Food with an average of 2.6%.

Highest increase
Energy: 3.5%
Lowest increase
Food: 2.6%

Historical Context

Current inflation is 1.7% lower than the 5-year average of 3.4%. This approaches the lowest level since records began (1.7% in 2016).

5-year average
3.4%
10-year average
4.1%
All-time high (2000)
95.5%
All-time low (2016)
1.7%

Trend

Inflation shows a downward trend. Compared to 2015, inflation has fallen by +2.3 percentage point.

Change vs. previous year
-2.3 percentage points
Largest monthly swing
June: -3.3 percentage points

ECB Target

Inflation is 0.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2016

Month overview

Month Inflation Difference vs. 2015
January 3.1% -0.4
February 2.6% -1.5
March 2.3% -1.5
April 1.8% -2.5
May 1.6% -2.9
June 1.6% -3.3
July 1.6% -2.8
August 1.4% -2.7
September 1.3% -2.5
October 1.3% -2.2
November 1.1% -2.3
December 1.1% -2.3
Average 1.7%

Data source

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

See also