Development of inflation rates in Nicaragua
The inflation rate in Germany moved over the past years between 3.5% and 2,945.1%. For 2016, an inflation rate of 3.5% was calculated.
During the observation period from 1991 to 2016, the average inflation rate was 127.2%
per year. Overall, the price increase was 27,918.14 %. An item that cost 100 Oro in 1990 was 2016 so charged 28,018.14 Oro.
In only a very few countries, the price increase is that high. The rate of 2,945.1% in 1991 means, that compared to the previous year all prices have been increased by an average of 2,945.1%. 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: Nicaragua