Development of inflation rates in Ecuador
The inflation rate in Germany moved over the past years between 1.7% and 96.1%. For 2016, an inflation rate of 1.7% was calculated.
During the observation period from 1991 to 2016, the average inflation rate was 21.8%
per year. Overall, the price increase was 9,208.15 %. An item that cost 100 Dollar in 1990 was 2016 so charged 9,308.15 Dollar.
In only a very few countries, the price increase is that high. The rate of 96.1% in 2000 means, that compared to the previous year all prices have been increased by an average of 96.1%. In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Ecuador