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Colombia Annual Inflation Rate

Colombia's annual inflation rate fell to 6.61% in 2024, down from 11.74% in 2023, according to World Bank. This represents a decrease of 5.13% from the previous year. Colombia has annual inflation rate higher than the global median (6.61% vs median 3.16%). Compared with the median in Americas, Colombia is higher (6.61% vs regional median 3.29%) and ranks 3rd out of 35 countries in Americas.

Yearly Historical Data (1960-2024)

(in %)
Year Annual Inflation Rate (%)
2024 6.61%
2023 11.74%
2022 10.18%
2021 3.5%
2020 2.53%
2019 3.52%
2018 3.24%
2017 4.31%
2016 7.51%
2015 4.99%
2014 2.9%
2013 2.02%
2012 3.17%
2011 3.42%
2010 2.27%
2009 4.2%
2008 7%
2007 5.54%
2006 4.29%
2005 5.05%
2004 5.9%
2003 7.13%
2002 6.35%
2001 7.97%
2000 9.23%
1999 10.87%
1998 18.68%
1997 18.47%
1996 20.8%
1995 20.89%
1994 22.85%
1993 22.44%
1992 27.01%
1991 30.39%
1990 29.15%
1989 25.87%
1988 28.11%
1987 23.3%
1986 18.84%
1985 24.09%
1984 16.16%
1983 19.6%
1982 24.72%
1981 27.45%
1980 26.55%
1979 24.13%
1978 17.76%
1977 33.8%
1976 19.83%
1975 23.44%
1974 23.87%
1973 22.53%
1972 12.44%
1971 11.94%
1970 6.91%
1969 6.98%
1968 7.45%
1967 8.33%
1966 16.73%
1965 7.59%
1964 17.07%
1963 26.36%
1962 4.7%
1961 8.28%
1960 5.81%
Colombia Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Colombia.
Indicator Last Value Prior Value Period
Core Inflation Rate 5.3% 5.3% Sep'25
Inflation Rate 5.2% 5.1% Sep'25
Inflation Rate MoM 0.3% 0.2% Sep'25
Producer Price Index (PPI) 3.6% 3.8% Sep'25