Colombia - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Colombia was 3.50 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 34.09 in 1977 and a minimum value of 2.02 in 2013.

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 5.81
1961 8.28
1962 4.70
1963 26.36
1964 17.07
1965 7.59
1966 16.73
1967 8.33
1968 7.45
1969 6.98
1970 6.91
1971 12.06
1972 12.03
1973 22.60
1974 22.58
1975 25.19
1976 18.92
1977 34.09
1978 17.51
1979 24.20
1980 26.58
1981 27.52
1982 24.70
1983 19.49
1984 16.36
1985 23.97
1986 18.85
1987 23.31
1988 28.14
1989 25.86
1990 29.14
1991 30.35
1992 27.03
1993 22.44
1994 22.85
1995 20.90
1996 20.80
1997 18.46
1998 18.68
1999 10.87
2000 9.22
2001 7.97
2002 6.35
2003 7.13
2004 5.90
2005 5.05
2006 4.29
2007 5.55
2008 7.00
2009 4.20
2010 2.27
2011 3.42
2012 3.17
2013 2.02
2014 2.90
2015 4.99
2016 7.51
2017 4.31
2018 3.24
2019 3.53
2020 2.52
2021 3.50

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Colombia was 1.41 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 52.34 in 1990 and a minimum value of 1.41 in 2020.

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 8.23
1962 6.65
1963 23.22
1964 16.34
1965 8.60
1966 15.13
1967 10.73
1968 8.47
1969 8.44
1970 11.89
1971 10.81
1972 12.97
1973 20.16
1974 25.38
1975 22.81
1976 25.46
1977 29.15
1978 17.10
1979 24.04
1980 27.62
1981 22.77
1982 24.77
1983 20.40
1984 22.18
1985 24.88
1986 29.17
1987 23.38
1988 27.75
1989 24.69
1990 52.34
1991 27.01
1992 22.66
1993 24.84
1994 22.10
1995 18.85
1996 16.87
1997 16.84
1998 14.77
1999 12.62
2000 33.68
2001 6.52
2002 5.97
2003 6.83
2004 7.28
2005 4.75
2006 5.81
2007 5.20
2008 7.68
2009 4.06
2010 3.80
2011 6.39
2012 3.62
2013 1.91
2014 2.24
2015 2.45
2016 5.15
2017 5.13
2018 4.63
2019 4.01
2020 1.41

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Colombia was 1.41 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 52.34 in 1990 and 1.41 in 2020.

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 52.34
1991 27.01
1992 22.66
1993 24.84
1994 22.10
1995 18.85
1996 16.87
1997 16.84
1998 14.77
1999 12.62
2000 11.15
2001 6.52
2002 5.97
2003 6.83
2004 7.28
2005 4.75
2006 5.81
2007 5.20
2008 7.68
2009 4.06
2010 3.80
2011 6.39
2012 3.62
2013 1.91
2014 2.24
2015 2.45
2016 5.15
2017 5.13
2018 4.63
2019 4.01
2020 1.41

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices