Average inflation measured by CPI reached 3.00 % in 2020 in Costa Rica, according to the National Statistical Office. This is 14,212 % more than in the previous year.
Historically, average inflation measured by CPI in Costa Rica reached an all time high of 3.00 % in 2020 and an all time low of -0.007 % in 1965. When compared to Costa Rica's main peers, average inflation measured by CPI in Guatemala amounted to 3.90 %, 4.00 % in Honduras, 7.14 % in Nicaragua and 2.29 % in Panama in 2020.
Costa Rica has been ranked 87th within the group of 173 countries we follow in terms of average inflation measured by CPI, 25 places behind the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) 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.