Costa Rica's annual inflation rate fell to -0.41% in 2024, down from 0.53% in 2023, according to World Bank. This represents a decrease of 0.94% from the previous year. Costa Rica has the 4th lowest annual inflation rate. Other bottom countries are Afghanistan, Barbados, Sri Lanka and Brunei.

Year

Annual Inflation Rate (%)

2024

-0.41%

2023

0.53%

2022

8.27%

2021

1.73%

2020

0.72%

2019

2.1%

2018

2.22%

2017

1.63%

2016

-0.02%

2015

0.8%

2014

4.52%

2013

5.23%

2012

4.5%

2011

4.88%

2010

5.66%

2009

7.84%

2008

13.42%

2007

9.36%

2006

11.47%

2005

13.8%

2004

12.31%

2003

9.45%

2002

9.17%

2001

11.26%

2000

10.96%

1999

10.05%

1998

11.66%

1997

13.25%

1996

17.51%

1995

23.19%

1994

13.53%

1993

9.78%

1992

21.79%

1991

28.71%

1990

19.04%

1989

16.51%

1988

20.83%

1987

16.84%

1986

11.84%

1985

15.06%

1984

11.95%

1983

32.62%

1982

90.12%

1981

37.06%

1980

18.14%

1979

9.19%

1978

6.01%

1977

4.19%

1976

3.49%

1975

17.37%

1974

30.07%

1973

15.21%

1972

4.6%

1971

3.08%

1970

4.65%

1969

2.63%

1968

4.09%

1967

1.21%

1966

0.18%

1965

-0.67%

1964

3.32%

1963

2.93%

1962

2.68%

1961

2.43%

1960

0.79%

Costa Rica Annual Inflation Rate

Yearly Historical Data (1960-2024)