Average inflation measured by CPI rose 178% to 9.75% in Colombia in 2022, according to the National Statistical Office.
Historically, average inflation measured by CPI in Colombia reached an all time high of 34.1% in 1977 and an all time low of 2.02% in 2013. When compared to Colombia's main peers, average inflation measured by CPI in Brazil amounted to 9.41%, 7.46% in Peru and 210% in Venezuela in 2022.
Colombia has been ranked 59th within the group of 173 countries we follow in terms of average inflation measured by CPI, 49 places above the position seen 10 years ago.
Inflation, CPI (Average) | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
Bolivia | % | 0.736% | 3.19% | 3.56% | 3.50% | 3.50% | ||||||||||||||||
Brazil | % | 8.30% | 9.41% | 4.68% | 3.93% | 3.02% | ||||||||||||||||
Chile | % | 4.52% | 11.6% | 8.70% | 4.10% | 3.00% | ||||||||||||||||
Colombia | % | 3.50% | 9.75% | 7.15% | 4.79% | 2.96% | ||||||||||||||||
Guyana | % | 3.32% | 7.59% | 7.63% | 5.01% | 3.78% | ||||||||||||||||
Peru | % | 3.98% | 7.46% | 4.39% | 2.51% | 2.14% | ||||||||||||||||
Trinidad and Tobago | % | 1.50% | 5.05% | 4.64% | 3.22% | 2.67% | ||||||||||||||||
Venezuela | % | 1,589% | 210% | 195% | ... | ... | ... | ... |