Costa Rica Historical Inflation Rates

The graph above displays annual inflation rates in Costa Rica for calendar years from 1977 to 2023. To calculate cumulative rates between two different periods, you can use the Costa Rica Inflation Calculator.

Historical Annual Inflation Rates from 1977

The table below contains annual inflation rates in Costa Rica from 1977. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display the rolling average of the yearly inflation. For example, the 5-year avg. on the first row indicates that between 2018 and 2023, the average inflation rate was 2.63%. These values can be useful for long-term analysis and forecasting.

Year Inflation 5-year Avg. 10-year Avg.
1977 5.26 - -
1978 8.20 - -
1979 13.12 - -
1980 17.81 - -
1981 65.05 14.32 -
1982 81.76 28.93 -
1983 10.73 34.84 -
1984 17.33 35.52 -
1985 10.93 34.80 -
1986 15.43 29.43 21.64
1987 16.43 17.42 23.04
1988 25.35 15.25 24.66
1989 9.96 16.18 25.48
1990 27.24 16.97 25.57
1991 25.32 20.31 24.78
1992 16.97 21.31 19.35
1993 9.04 19.00 17.11
1994 19.86 18.39 17.28
1995 22.56 19.20 18.08
1996 13.89 17.05 18.67
1997 11.20 15.36 18.30
1998 12.36 15.75 17.37
1999 10.11 15.03 16.70
2000 10.25 12.65 15.88
2001 10.96 11.43 14.21
2002 9.68 10.61 12.96
2003 9.87 10.17 12.93
2004 13.13 10.62 12.81
2005 14.08 11.18 11.92
2006 9.43 11.23 11.33
2007 10.80 11.26 10.94
2008 13.90 12.06 11.11
2009 4.05 11.15 10.89
2010 5.82 9.52 10.35
2011 4.74 8.19 9.70
2012 4.55 7.21 9.22
2013 3.68 5.62 8.79
2014 5.13 4.96 8.01
2015 -0.81 3.97 6.71
2016 0.77 2.98 5.55
2017 2.57 2.41 4.78
2018 2.03 1.82 3.70
2019 1.52 1.34 3.13
2020 0.89 1.33 2.64
2021 3.30 1.68 2.33
2022 7.88 2.97 2.69
2023 -1.77 2.63 2.22

Monthly Inflation Rates (YoY) | 1977-2024

The following table contains YoY (year-over-year) inflation rates calculated from monthly CPI data publications. The value of each month indicates the rolling average inflation rate for the last 12 months.

This information is particularly useful to track inflation for the current year as it's not possible to calculate the final value until the year is over.

The values on the December column are equivalent to annual inflation rates. For example, the -1.77% rate shown under 2023 and December matches the value shown in the table above as the annual inflation rate.

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg.
1977 3.24 2.57 3.65 4.26 4.49 4.85 4.62 3.77 4.22 4.66 4.64 5.26 4.19
1978 5.65 5.22 4.55 4.50 5.73 5.63 5.62 5.44 6.88 7.29 7.26 8.20 6.00
1979 7.72 7.94 7.72 7.24 6.96 8.00 8.56 8.99 9.09 11.13 13.35 13.12 9.15
1980 14.71 15.26 19.67 19.16 18.44 18.69 18.91 19.30 19.62 18.34 17.58 17.81 18.12
1981 21.31 23.60 21.20 24.66 30.08 30.46 37.11 39.12 40.64 48.92 55.85 65.05 36.50
1982 72.66 74.32 82.26 83.91 84.27 90.55 99.03 102.96 108.77 100.87 91.58 81.76 89.41
1983 69.85 66.03 57.23 53.51 50.06 42.02 26.01 21.20 14.93 12.61 11.62 10.73 36.32
1984 9.50 9.23 9.73 9.31 7.85 8.75 11.91 12.76 14.06 15.67 16.80 17.33 11.91
1985 19.74 18.45 18.02 16.56 15.47 14.82 14.96 14.56 14.56 12.67 11.34 10.93 15.17
1986 7.80 8.37 8.37 9.08 9.78 11.63 13.38 14.17 14.75 13.82 14.71 15.43 11.77
1987 17.69 17.49 18.37 20.10 20.43 17.60 14.71 14.57 14.11 15.07 16.34 16.43 16.91
1988 15.19 19.51 19.76 19.37 18.77 19.79 20.68 21.08 21.74 24.48 23.24 25.35 20.75
1989 24.73 20.20 18.05 16.18 17.23 16.93 16.95 16.87 15.92 13.87 13.47 9.96 16.70
1990 12.10 12.77 14.48 16.62 16.37 18.04 19.84 21.26 21.07 22.39 24.71 27.24 18.91
1991 26.63 29.54 29.18 30.14 30.69 30.23 29.68 28.77 29.88 28.43 26.68 25.32 28.76
1992 27.07 26.22 26.12 25.04 24.06 22.99 21.09 20.09 18.65 18.07 17.74 16.97 22.01
1993 12.99 11.12 10.19 9.17 9.21 9.30 9.85 9.65 8.89 9.20 9.11 9.04 9.81
1994 9.53 10.23 11.27 11.24 11.67 12.04 11.84 13.47 16.26 16.81 17.30 19.86 13.46
1995 23.79 24.12 23.56 23.07 22.47 22.30 23.24 22.36 22.02 23.87 24.93 22.56 23.19
1996 19.14 18.61 18.28 18.51 19.45 19.30 18.68 18.51 17.41 15.49 13.97 13.89 17.60
1997 14.78 14.33 14.94 15.60 14.28 13.62 13.28 13.45 11.97 10.73 11.45 11.20 13.30
1998 10.69 11.11 11.07 10.48 10.75 10.78 11.70 12.70 12.71 12.87 12.47 12.36 11.64
1999 12.58 12.27 10.69 9.94 10.00 10.64 9.06 7.54 8.67 9.92 9.51 10.11 10.08
2000 10.09 10.88 12.05 11.52 10.54 10.50 11.67 11.75 11.44 10.52 10.40 10.25 10.97
2001 9.83 9.51 10.63 12.41 13.27 12.06 11.28 11.43 11.68 10.97 11.04 10.96 11.25
2002 10.66 9.89 8.89 7.73 7.66 8.05 8.97 9.39 9.16 9.89 10.05 9.68 9.17
2003 9.17 9.57 9.42 10.28 10.17 10.21 9.49 8.65 8.36 8.91 9.33 9.87 9.45
2004 11.02 11.55 11.34 11.29 11.45 11.89 12.44 13.05 13.79 13.31 13.29 13.13 12.29
2005 13.42 13.19 13.61 13.66 14.46 13.76 13.75 14.07 13.38 13.94 14.19 14.08 13.79
2006 13.20 12.96 12.22 11.63 11.86 12.42 12.03 11.61 11.24 10.09 9.42 9.43 11.51
2007 9.19 8.62 9.22 9.76 9.17 8.75 8.75 8.56 9.43 9.84 10.09 10.80 9.35
2008 10.56 11.40 11.04 10.95 11.89 12.82 14.17 15.40 15.77 16.30 16.30 13.90 13.37
2009 13.50 12.75 12.32 11.75 9.52 8.20 6.90 5.71 4.83 4.00 2.57 4.05 8.01
2010 5.34 5.60 5.84 5.56 6.23 6.31 5.68 5.21 5.00 5.25 6.11 5.82 5.66
2011 4.84 4.57 4.58 4.68 4.85 5.18 5.19 5.25 5.17 4.93 4.56 4.74 4.88
2012 4.21 4.05 4.21 4.71 5.03 4.61 3.95 4.23 4.47 4.68 5.22 4.55 4.49
2013 5.74 6.52 6.21 6.31 5.28 5.14 5.81 5.31 5.37 4.11 3.44 3.68 5.24
2014 3.10 2.74 3.26 3.68 4.21 4.59 5.19 5.49 5.20 5.70 5.89 5.13 4.51
2015 4.39 3.53 3.05 1.81 0.97 1.02 -0.32 -0.74 -0.86 -0.86 -1.20 -0.81 0.83
2016 -0.17 -0.03 -1.09 -0.92 -0.43 -0.88 0.48 0.60 0.39 0.55 0.56 0.77 -0.02
2017 0.66 1.09 1.58 1.64 1.67 1.77 1.16 0.91 1.64 2.33 2.49 2.57 1.63
2018 2.41 2.21 2.61 2.38 2.04 2.13 2.08 2.24 2.21 2.03 2.29 2.03 2.22
2019 1.67 1.54 1.42 2.07 2.32 2.42 2.89 2.86 2.53 2.07 1.86 1.52 2.10
2020 1.58 1.79 1.91 0.89 0.61 0.31 -0.17 -0.07 0.30 0.45 0.24 0.89 0.73
2021 0.96 0.41 0.47 1.21 1.34 1.91 1.44 1.72 2.09 2.50 3.35 3.30 1.73
2022 3.50 4.90 5.79 7.15 8.71 10.06 11.48 12.13 10.37 8.99 8.26 7.88 8.27
2023 7.65 5.58 4.42 2.44 0.88 -1.04 -2.29 -3.28 -2.24 -1.28 -1.64 -1.77 0.62
2024 -1.87 -1.13 -1.19 -0.52 -0.33 -0.03 0.03 0.31 -0.14 -0.79 -0.09 -0.52

Monthly Inflation Rates (MoM) | 1976-2024

This table contains MoM (Month-over-Month) inflation rates calculated from official CPI data publications.

MoM measures are more volatile than YoY because they are influenced by short term events such changes in the monetary policy, stock market crashes or natural disasters.

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg.
1976 0.86 -0.21 0.64 -0.21 1.28 0.42 0.42 -0.84 -0.42 0.42 0.21 0.23
1977 0.63 0.21 0.84 1.24 0.00 1.64 0.20 -0.40 -0.40 0.00 0.40 0.81 0.43
1978 1.00 -0.20 0.20 1.19 1.17 1.55 0.19 -0.57 0.96 0.38 0.38 1.69 0.66
1979 0.55 0.00 0.00 0.74 0.91 2.53 0.71 -0.18 1.05 2.26 2.38 1.49 1.04
1980 1.96 0.48 3.83 0.31 0.31 2.75 0.89 0.15 1.32 1.16 1.72 1.69 1.38
1981 4.99 2.38 1.81 3.17 4.67 3.05 6.04 1.61 2.43 7.12 6.45 7.69 4.28
1982 9.83 3.37 6.44 4.10 4.88 6.56 10.76 3.62 5.36 3.06 1.53 2.17 5.14
1983 2.64 1.04 0.80 1.64 2.52 0.85 -1.73 -0.34 -0.09 0.99 0.64 1.35 0.86
1984 1.50 0.78 1.27 1.25 1.15 1.69 1.12 0.42 1.07 2.41 1.62 1.81 1.34
1985 3.59 -0.31 0.90 0.00 0.20 1.12 1.25 0.07 1.06 0.72 0.42 1.43 0.87
1986 0.67 0.22 0.89 0.66 0.85 2.83 2.84 0.76 1.57 -0.09 1.21 2.07 1.21
1987 2.64 0.05 1.65 2.13 1.12 0.41 0.31 0.64 1.17 0.75 2.32 2.15 1.28
1988 1.55 3.81 1.86 1.80 0.61 1.28 1.05 0.98 1.72 3.01 1.30 3.90 1.91
1989 1.05 0.04 0.04 0.19 1.52 1.02 1.06 0.91 0.90 1.19 0.95 0.68 0.80
1990 3.01 0.64 1.55 2.06 1.31 2.47 2.61 2.10 0.74 2.30 2.86 2.73 2.03
1991 2.52 2.95 1.28 2.81 1.73 2.11 2.17 1.39 1.61 1.16 1.46 1.62 1.90
1992 3.95 2.26 1.20 1.94 0.93 1.23 0.59 0.55 0.39 0.67 1.17 0.96 1.32
1993 0.42 0.56 0.35 1.00 0.97 1.30 1.10 0.37 -0.31 0.96 1.09 0.89 0.73
1994 0.87 1.21 1.29 0.97 1.36 1.63 0.92 1.84 2.14 1.44 1.50 3.10 1.52
1995 4.18 1.48 0.83 0.57 0.87 1.49 1.69 1.11 1.86 2.99 2.36 1.15 1.71
1996 1.27 1.02 0.56 0.76 1.67 1.36 1.17 0.96 0.91 1.30 1.02 1.08 1.09
1997 2.06 0.63 1.09 1.34 0.51 0.78 0.86 1.11 -0.40 0.17 1.68 0.85 0.89
1998 1.59 1.01 1.05 0.80 0.76 0.80 1.70 2.02 -0.39 0.31 1.32 0.75 0.98
1999 1.80 0.73 -0.37 0.12 0.81 1.39 0.25 0.59 0.66 1.47 0.93 1.31 0.81
2000 1.78 1.45 0.68 -0.35 -0.08 1.35 1.32 0.66 0.38 0.63 0.83 1.17 0.82
2001 1.39 1.16 1.71 1.25 0.69 0.28 0.61 0.79 0.61 -0.01 0.89 1.09 0.87
2002 1.12 0.45 0.78 0.17 0.63 0.64 1.46 1.19 0.40 0.66 1.03 0.76 0.77
2003 0.65 0.81 0.65 0.96 0.53 0.67 0.80 0.41 0.13 1.17 1.42 1.26 0.79
2004 1.70 1.29 0.46 0.91 0.67 1.07 1.30 0.97 0.78 0.75 1.40 1.11 1.03
2005 1.96 1.09 0.83 0.96 1.37 0.46 1.28 1.25 0.17 1.24 1.62 1.01 1.10
2006 1.17 0.88 0.17 0.43 1.58 0.96 0.93 0.88 -0.17 0.19 1.02 1.02 0.76
2007 0.95 0.35 0.72 0.92 1.04 0.57 0.93 0.70 0.63 0.57 1.24 1.67 0.86
2008 0.73 1.11 0.39 0.84 1.91 1.40 2.14 1.79 0.95 1.04 1.24 -0.42 1.09
2009 0.38 0.44 0.01 0.33 -0.13 0.17 0.92 0.65 0.11 0.23 -0.16 1.02 0.33
2010 1.63 0.69 0.24 0.06 0.52 0.24 0.32 0.20 -0.08 0.47 0.66 0.74 0.47
2011 0.68 0.44 0.25 0.15 0.67 0.56 0.34 0.26 -0.16 0.24 0.30 0.92 0.39
2012 0.18 0.28 0.40 0.63 0.99 0.16 -0.30 0.53 0.07 0.45 0.81 0.28 0.37
2013 1.31 1.02 0.11 0.73 0.01 0.02 0.34 0.05 0.13 -0.76 0.17 0.51 0.30
2014 0.75 0.66 0.62 1.14 0.53 0.38 0.91 0.33 -0.14 -0.29 0.34 -0.21 0.42
2015 0.04 -0.16 0.15 -0.08 -0.29 0.43 -0.43 -0.09 -0.26 -0.28 -0.01 0.19 -0.07
2016 0.68 -0.02 -0.91 0.09 0.19 -0.02 0.93 0.03 -0.47 -0.12 0.00 0.39 0.06
2017 0.57 0.40 -0.42 0.15 0.22 0.08 0.32 -0.22 0.25 0.56 0.16 0.47 0.21
2018 0.41 0.21 -0.03 -0.08 -0.11 0.18 0.28 -0.07 0.22 0.37 0.42 0.21 0.17
2019 0.05 0.08 -0.15 0.56 0.14 0.27 0.73 -0.10 -0.10 -0.07 0.21 -0.12 0.13
2020 0.11 0.29 -0.03 -0.44 -0.15 -0.02 0.26 0.00 0.27 0.08 0.00 0.53 0.07
2021 0.18 -0.26 0.03 0.29 -0.01 0.54 -0.21 0.28 0.63 0.49 0.82 0.48 0.27
2022 0.37 1.09 0.88 1.58 1.44 1.78 1.09 0.86 -0.95 -0.76 0.14 0.13 0.64
2023 0.16 -0.85 -0.23 -0.34 -0.11 -0.16 -0.19 -0.16 0.11 0.21 -0.23 0.01 -0.15
2024 0.06 -0.11 -0.28 0.33 0.08 0.14 -0.12 0.12 -0.33 -0.44 0.47 -0.01

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