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Inflation rates in Costa Rica

The inflation rate for consumer prices in Costa Rica moved over the past 61 years between -0.7% and 90.1%. For 2021, an inflation rate of 1.7% was calculated.

During the observation period from 1960 to 2021, the average inflation rate was 11.5% per year. Overall, the price increase was 53,300.84%. An item that cost 100 colóns in 1960 costs 53,400.84 colóns at the beginning of 2022.

For January 2022, the year-over-year inflation rate was 3.5%.
This includes energy (+18.8%) and food (+3.2%).


Inflation rates in global comparison


Back to overview: Costa Rica

Performance over the last 61 years compared with the USA

In only a few countries are negative inflation rates achieved. This means that the general price level is declining and consumer prices get cheaper. This is called deflation. In comparison to most other countries, the drastic price increases are no longer average. Usually this is a sign of political and economic turmoil.

Performance based on 100% in 1959:Performance in Costa Rica

      Costa Rica       USA


Inflation calculator for Costa Rica

Enter any amount, an initial year and an end year here. You will then be provided with the original amount after inflation. Example: 1,000 colóns in 1960 corresponds to 534,008.42 colóns at the beginning of 2022 due to inflation.

Original amount in colóns:


Start year:


End year:






Inflation rates for consumer goods in Costa Rica

Inflation rates for consumer goods in Costa Rica

Energy and food

Food and energy inflation in Costa Rica

      Energy       Food

Historical inflation rates in comparison

YearCosta RicaØ EUØ USAØ World
20211.73 %2.55 %4.70 %3.50 %
20200.72 %0.50 %1.23 %1.92 %
20192.10 %1.63 %1.81 %2.19 %
20182.22 %1.74 %2.44 %2.44 %
20171.63 %1.43 %2.13 %2.19 %
2016-0.02 %0.18 %1.26 %1.55 %
20150.80 %-0.06 %0.12 %1.43 %
20144.52 %0.20 %1.62 %2.35 %
20135.23 %1.22 %1.46 %2.62 %
20124.50 %2.66 %2.07 %3.73 %
20114.88 %3.29 %3.16 %4.82 %
20105.66 %1.53 %1.64 %3.35 %
20097.84 %0.84 %-0.36 %2.94 %
200813.42 %4.16 %3.84 %8.95 %
20079.36 %2.51 %2.85 %4.82 %
200611.47 %2.67 %3.23 %4.28 %
200513.80 %2.49 %3.39 %4.11 %
200412.31 %2.29 %2.68 %3.38 %
20039.45 %2.09 %2.27 %3.03 %
20029.17 %2.42 %1.59 %2.83 %
200111.26 %3.37 %2.83 %3.84 %
200010.96 %3.15 %3.38 %3.49 %
199910.05 %2.16 %2.19 %3.08 %
199811.66 %2.42 %1.55 %5.11 %
199713.25 %3.11 %2.34 %5.57 %
199617.51 %3.56 %2.93 %6.55 %
199523.19 %4.43 %2.81 %9.15 %
199413.53 %4.72 %2.61 %10.32 %
19939.78 %4.85 %2.95 %7.51 %
199221.79 %6.22 %3.03 %7.71 %
199128.71 %5.48 %4.23 %9.00 %
199019.04 %6.15 %5.40 %8.13 %
198916.51 %6.26 %4.83 %7.00 %
198820.83 %4.54 %4.08 %7.15 %
198716.84 %4.02 %3.66 %5.76 %
198611.84 %3.68 %1.90 %5.82 %
198515.06 %5.40 %3.55 %6.86 %
198411.95 %7.67 %4.30 %8.12 %
198332.62 %8.67 %3.21 %8.77 %
198290.12 %9.58 %6.13 %10.24 %
198137.06 %11.77 %10.33 %12.47 %
198018.14 %12.91 %13.55 %13.98 %
19799.19 %8.22 %11.25 %n/a
19786.01 %7.76 %7.63 %n/a
19774.19 %9.77 %6.50 %n/a
19763.49 %9.35 %5.74 %n/a
197517.37 %10.47 %9.14 %n/a
197430.07 %13.16 %11.05 %n/a
197315.21 %7.75 %6.18 %n/a
19724.60 %6.01 %3.27 %n/a
19713.08 %5.24 %4.29 %n/a
19704.65 %4.51 %5.84 %n/a
19692.63 %2.67 %5.46 %n/a
19684.09 %3.24 %4.27 %n/a
19671.21 %3.32 %2.77 %n/a
19660.18 %3.70 %3.02 %n/a
1965-0.67 %3.99 %1.59 %n/a
19643.32 %3.42 %1.28 %n/a
19632.93 %2.92 %1.24 %n/a
19622.68 %3.55 %1.20 %n/a
19612.43 %2.08 %1.07 %n/a
19600.79 %1.74 %1.46 %n/a

Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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