Inflation Ecuador 2021
Average inflation: 0.1%
Current Inflation
Inflation is very low at 0.1%, well below the ECB target.
Peak and Trough
The highest inflation was in December at 1.9%. The lowest inflation was in April at -1.5%.
- Highest month
- December: 1.9%
- Lowest month
- April: -1.5%
- Difference
- 3.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 0.0%. The lowest price increase was in Food with an average of -0.8%.
- Highest increase
- Energy: 0.0%
- Lowest increase
- Food: -0.8%
Historical Context
Current inflation is around the 5-year average of 0.1%.
- 5-year average
- 0.1%
- 10-year average
- 1.7%
- All-time high (2002)
- 12.5%
- All-time low (2020)
- -0.3%
Trend
Inflation has remained relatively stable. Compared to 2020, the difference is minimal (+0.4 percentage point).
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- October: +3.1 percentage points
ECB Target
Inflation is 1.9% 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 €100.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | -1.0% | -0.7 |
| February | -0.8% | -0.6 |
| March | -0.8% | -1.0 |
| April | -1.5% | -2.5 |
| May | -1.1% | -1.9 |
| June | -0.7% | -0.9 |
| July | 0.4% | +0.9 |
| August | 0.9% | +1.7 |
| September | 1.1% | +2.0 |
| October | 1.5% | +3.1 |
| November | 1.8% | +2.7 |
| December | 1.9% | +2.8 |
| Average | 0.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.