Latin America & Caribbean
Colombia Inflation
Annual percentage change in consumer prices (CPI).
Latest Value
6.6%
As of 2024
YoY Change
-43.7%
2023 → 2024
Record High
33.8%
Recorded in 1977
Record Low
2.0%
Recorded in 2013
10-Year Average
5.8%
2015–2024
Data Range
1960–2024
65 data points
Source
World Bank
Code: FP.CPI.TOTL.ZG
Historical Trend
1960 – 2024
Analysis
Colombia's inflation rate stands at 6.61% as of 2024, indicating a moderate level of price growth. This rate is influenced by various factors including monetary policy, exchange rates, and global commodity prices. The country's central bank aims to keep inflation within a target range to ensure economic stability.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | 6.6% | 5.1% | -43.7% |
| 2023 | 11.7% | 1.6% | +15.3% |
| 2022 | 10.2% | 6.7% | +191.2% |
| 2021 | 3.5% | 1.0% | +38.3% |
| 2020 | 2.5% | 1.0% | -28.3% |
| 2019 | 3.5% | 0.3% | +8.7% |
| 2018 | 3.2% | 1.1% | -24.9% |
| 2017 | 4.3% | 3.2% | -42.6% |
| 2016 | 7.5% | 2.5% | +50.6% |
| 2015 | 5.0% | 2.1% | +72.1% |
Source: World Bank Open Data · 1960–2024
Neighbouring Countries Ranking
Latin America & Caribbean · Inflation
Similar Rankings
Global · Inflation
