Inflation Ecuador 2020
Average inflation: -0.3%
Current Inflation
There is deflation with consumer prices declining by 0.3%.
Peak and Trough
The highest inflation was in April at 1.0%. The lowest inflation was in October at -1.6%.
- Highest month
- April: 1.0%
- Lowest month
- October: -1.6%
- Difference
- 2.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 0.8%. The lowest price increase was in Energy with an average of 0.4%.
- Highest increase
- Food: 0.8%
- Lowest increase
- Energy: 0.4%
Historical Context
Current inflation is 0.7% lower than the 5-year average of 0.4%.
- 5-year average
- 0.4%
- 10-year average
- 2.2%
- All-time high (2001)
- 40.3%
- All-time low (2020)
- -0.3%
Trend
Inflation has remained relatively stable. Compared to 2019, the difference is minimal (-0.6 percentage point).
- Change vs. previous year
- -0.6 percentage points
- Largest monthly swing
- October: -2.1 percentage points
ECB Target
Inflation is 2.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | -0.3% | -0.8 |
| February | -0.2% | -0.4 |
| March | 0.2% | +0.3 |
| April | 1.0% | +0.8 |
| May | 0.8% | +0.4 |
| June | 0.2% | -0.4 |
| July | -0.5% | -1.2 |
| August | -0.8% | -1.1 |
| September | -0.9% | -0.8 |
| October | -1.6% | -2.1 |
| November | -0.9% | -0.9 |
| December | -0.9% | -0.8 |
| Average | -0.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.