Annual inflation, consumer prices in Ecuador
Ecuador: Annual inflation, consumer prices was 1.5% in 2024. ◆ Volatile
Annual inflation, consumer prices in Ecuador, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Ecuador recorded 1.5% for annual inflation, consumer prices in 2024.
Compared with earlier readings it is down 30.2% on the previous year and down 56.9% over ten years.
Over the whole period, annual inflation, consumer prices in Ecuador peaked at 96.1% in 2000 and was at its lowest, -0.3%, in 2020.
Ecuador ranks 165th of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Ecuador, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 96.1% | — |
| 2001 | 37.7% | -60.8% |
| 2002 | 12.5% | -66.9% |
| 2003 | 7.9% | -36.5% |
| 2004 | 2.7% | -65.4% |
| 2005 | 2.2% | -21.0% |
| 2006 | 3.3% | +52.1% |
| 2007 | 2.3% | -31.0% |
| 2008 | 8.4% | +269.0% |
| 2009 | 5.2% | -38.6% |
| 2010 | 3.6% | -31.1% |
| 2011 | 4.5% | +25.9% |
| 2012 | 5.1% | +14.0% |
| 2013 | 2.7% | -46.6% |
| 2014 | 3.6% | +31.9% |
| 2015 | 4.0% | +10.5% |
| 2016 | 1.7% | -56.4% |
| 2017 | 0.4% | -75.9% |
| 2018 | -0.2% | -153.7% |
| 2019 | 0.3% | -218.7% |
| 2020 | -0.3% | -227.4% |
| 2021 | 0.1% | -139.3% |
| 2022 | 3.5% | +2501.2% |
| 2023 | 2.2% | -36.1% |
| 2024 | 1.5% | -30.2% |
Ecuador compared with similar countries
- Ecuador's 1.5% is below the median for upper middle income countries, which is 3.1%, 51% of the median. (52 countries reporting)
- Ecuador's 1.5% is below the median for Latin America & Caribbean, which is 3.3%, 47% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Annual inflation, consumer prices in Ecuador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +2501.2% | 0.1% | 3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.8% | 2.2% | 96.1% | 10 |
| 2010s | 2.6% | -0.2% | 5.1% | 10 |
| 2020s | 1.4% | -0.3% | 3.5% | 5 |
Countries ranked near Ecuador
More development goals data for Ecuador
- Red List Index 0.7358 index (2025)
- Number of refugees per 100,000 population, by country of origin 28.06 per 100,000 people (2025)
- Manufacturing value added per capita 829.96 constant US$ (2025)
- Number of transboundary breeds 41 (2025)
- Number of transboundary breeds (not extinct) 41 (2025)
- Number of transboundary breeds with unknown risk status 14 (2025)
- Number of local breeds with unknown risk status 20 (2025)
- Number of local breeds (not extinct) 28 (2025)
- Number of local breeds kept in the country 28 (2025)
- Infant deaths 2,945 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Ecuador?
- Annual inflation, consumer prices in Ecuador was 1.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Ecuador?
- The highest recorded value was 96.1% in 2000.
- What is the lowest annual inflation, consumer prices recorded in Ecuador?
- The lowest recorded value was -0.3% in 2020.
- How does Ecuador rank for annual inflation, consumer prices?
- Ecuador ranks 165th out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Ecuador?
- Over the last ten years it is down 56.9%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).