Inflation rates by country and year

0%8.5%16.9%25.4%33.8%
0%8.5%16.9%25.4%33.8%
19605.8%
199227.0%
20255.1%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate5.1%

Behind the curve

Turning points in Colombia

  1. 1963↑ Upward pressure

    Devaluation and the 1963 inflation peak — Wikipedia (opens in a new tab)

    Successive 1950s–early-1960s devaluations raised domestic costs; the 1963 populist expansion intensified those pressures and produced the series' early inflation peak.

    Banco de la República · Cost-Push Inflation: The 1950s Devaluations and the 1963 Populist Outburst
  2. 1977↑ Upward pressure

    The 1970s coffee boom — Wikipedia (opens in a new tab)

    Surging world coffee prices boosted export income and money supply, adding to inflationary pressure that had been building for years and pushing Colombian inflation to its 1977 peak.

    Banco de la República · Coffee Inventories, Inflation and Money in the First Coffee Boom
  3. 1991↕ Mixed effects

    Trade opening and the 1991 reforms — Wikipedia (opens in a new tab)

    The early-1990s apertura dismantled import licensing and rapidly cut tariffs. Capital inflows and the changing exchange-rate regime made prices more sensitive to external shocks during the transition.

    Banco de la República · The Colombian Economy in the Nineties: Capital Flows and Trade Opening
  4. 2008↑ Upward pressure

    The 2008 food price crisis — Wikipedia (opens in a new tab)

    Global food and fuel price increases passed through to Colombian households in 2008, lifting inflation before the world financial crisis cooled demand.

    Banco de la República · Inflation Report, September 2008
  5. 2016↑ Upward pressure

    The 2014–2016 El Niño drought — Wikipedia (opens in a new tab)

    The El Niño drought and a transport strike raised food prices sharply in 2016, pushing inflation well above the central bank's target.

    Banco de la República · Current Situation of the Colombian Economy, April 2017
  6. 2022↑ Upward pressure

    The post-pandemic inflation surge — Wikipedia (opens in a new tab)

    Rebounding demand, a weaker peso and global food and energy prices pushed Colombian inflation to a two-decade high in 2022–23.

    Banco de la República · Monetary Policy Report, October 2022

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Colombia?

The annual inflation rate in Colombia was 5.1% in 2025, the most recent year in the World Bank dataset. That means prices rose 5.1% on average compared with the year before. Use the chart above to explore Colombia's full inflation history from 1960 to 2025, and to compare it with any other country.

How inflation in Colombia has changed

Inflation in Colombia peaked at 33.8% in 1977 and reached its lowest point at 2.0% in 2013. Averaged across the 66 years of available data (1960–2025), the rate has been 13.7% per year.

Frequently asked questions about inflation in Colombia

What is the current inflation rate in Colombia?

The latest available annual figure is 5.1% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Colombia's statistical office.

What was the highest inflation rate in Colombia?

The highest annual inflation rate on record is 33.8%, reached in 1977.

What was the lowest inflation rate in Colombia?

The lowest annual inflation rate on record is 2.0%, recorded in 2013.

Where does the inflation data for Colombia come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.