Ecuador - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Ecuador was 0.13 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 96.09 in 2000 and a minimum value of -0.34 in 2020.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 1.68
1961 3.99
1962 2.87
1963 5.94
1964 4.03
1965 3.07
1966 5.45
1967 3.82
1968 4.32
1969 6.33
1970 5.13
1971 8.38
1972 7.88
1973 13.01
1974 23.32
1975 15.36
1976 10.67
1977 13.01
1978 11.65
1979 10.27
1980 13.05
1981 16.39
1982 16.26
1983 48.43
1984 31.23
1985 27.98
1986 23.03
1987 29.50
1988 58.22
1989 75.65
1990 48.52
1991 48.80
1992 54.34
1993 45.00
1994 27.44
1995 22.89
1996 24.37
1997 30.64
1998 36.10
1999 52.24
2000 96.09
2001 37.68
2002 12.48
2003 7.93
2004 2.74
2005 2.41
2006 3.30
2007 2.28
2008 8.40
2009 5.16
2010 3.55
2011 4.47
2012 5.10
2013 2.72
2014 3.59
2015 3.97
2016 1.73
2017 0.42
2018 -0.22
2019 0.27
2020 -0.34
2021 0.13

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Ecuador was -0.92 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 52.48 in 1974 and a minimum value of -26.30 in 1999.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 -11.32
1962 -9.99
1963 17.69
1964 14.53
1965 2.99
1966 2.12
1967 0.47
1968 -0.78
1969 15.15
1970 -13.94
1971 -9.48
1972 10.15
1973 7.20
1974 52.48
1975 5.58
1976 9.49
1977 19.36
1978 2.29
1979 14.61
1980 21.64
1981 15.49
1982 -9.18
1983 -13.64
1984 -3.92
1985 -2.44
1986 -13.69
1987 -8.70
1988 -11.61
1989 5.37
1990 5.81
1991 6.89
1992 4.30
1993 2.64
1994 15.01
1995 5.22
1996 1.49
1997 7.01
1998 -3.78
1999 -26.30
2000 -7.71
2001 28.41
2002 12.09
2003 10.59
2004 4.26
2005 7.73
2006 8.00
2007 6.65
2008 13.85
2009 0.66
2010 7.47
2011 5.66
2012 4.99
2013 3.10
2014 3.03
2015 -2.49
2016 1.90
2017 1.95
2018 1.82
2019 0.50
2020 -0.92

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Ecuador was -0.92 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 28.41 in 2001 and -26.30 in 1999.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 5.81
1991 6.89
1992 4.30
1993 2.64
1994 15.01
1995 5.22
1996 1.49
1997 7.01
1998 -3.78
1999 -26.30
2000 -7.71
2001 28.41
2002 12.09
2003 10.59
2004 4.26
2005 7.73
2006 8.00
2007 6.65
2008 13.85
2009 0.66
2010 7.47
2011 5.66
2012 4.99
2013 3.10
2014 3.03
2015 -2.49
2016 1.90
2017 1.95
2018 1.82
2019 0.50
2020 -0.92

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices