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Colombia - Inflation Rate 1971

Consumer price inflation, annual % · World Bank
11.94% +5.03pp from 1970 Global rank: 86th

Colombia's inflation rate was 11.94% in 1971, increased +5.03pp from 6.91% in 1970. This was the 86th highest globally.

Global Ranking - 1971
Inflation Rate by Country - 1971
RankCountryValueYoY
1st Libya -3.10% 41.4%
2nd Nepal -2.00% -113.1%
3rd Guatemala -0.45% -119.3%
4th Côte d'Ivoire -0.44% -105.4%
5th Suriname 0.22% -91.7%
6th Mauritius 0.32% -79.5%
7th El Salvador 0.45% -84.2%
8th Thailand 0.48% 650.5%
9th Rwanda 0.49% -5.1%
10th Poland 1.10% -
11th Sudan 1.30% -67.6%
12th Malaysia 1.61% -12.5%
13th Singapore 1.76% 280.1%
14th Panama 1.92% -37.7%
15th Burkina Faso 2.06% 16.3%
16th Myanmar 2.09% 152.1%
17th Honduras 2.22% -22.8%
18th Eswatini 2.32% 25.5%
19th Malta 2.32% -37.5%
20th Algeria 2.63% -60.2%
21st Sri Lanka 2.67% -54.6%
22nd Canada 2.70% -19.2%
23rd Gambia, The 3.06% 254.0%
24th India 3.08% -39.5%
25th Costa Rica 3.08% -33.7%
26th Egypt, Arab Republic of 3.14% -16.5%
27th Greece 3.29% 15.8%
28th Trinidad and Tobago 3.53% 39.9%
29th Dominican Republic 3.58% -6.2%
30th Iraq 3.60% -17.4%
31st Dominica 3.64% -70.7%
32nd Bolivia, Plurinational State of 3.67% -7.1%
33rd Kenya 3.78% 72.7%
34th Burundi 3.85% 2,028.9%
35th Gabon 3.86% 1.3%
36th Senegal 3.88% 38.0%
37th Cameroon 4.01% -31.5%
38th Cyprus 4.14% 72.7%
39th Morocco 4.16% 224.8%
40th Niger 4.19% 275.0%
41st Iran, Islamic Republic of 4.20% 151.7%
42nd Indonesia 4.23% -65.9%
43rd United States 4.29% -26.5%
44th Belgium 4.34% 11.1%
45th Saudi Arabia 4.47% 2,417.2%
46th Bahamas, The 4.61% -25.0%
47th Luxembourg 4.67% 0.7%
48th Austria 4.70% 7.6%
49th Pakistan 4.73% -11.6%
50th Samoa 4.77% 73.8%
51st Tanzania 4.78% 36.7%
52nd Italy 4.79% -3.6%
53rd Jordan 4.82% -18.4%
54th Paraguay 4.95% 676.3%
55th Germany 5.24% 51.9%
56th European Union 5.24% 16.3%
57th Jamaica 5.34% -63.8%
58th Madagascar 5.39% 87.1%
59th France 5.40% 1.8%
60th Mexico 5.47% 9.3%
61st Syrian Arab Republic 5.61% 21.0%
62nd Congo, Democratic Republic of 5.78% -28.0%
63rd Bahrain 5.79% 255.4%
64th Denmark 5.87% -9.9%
65th South Africa 5.96% 19.3%
66th Australia 6.14% 78.5%
67th Norway 6.22% -41.5%
68th Japan 6.40% -7.6%
69th Finland 6.48% 136.3%
70th Togo 6.49% 44.9%
71st Switzerland 6.57% 81.8%
72nd Iceland 6.73% -49.7%
73rd Peru 6.79% 35.1%
74th Sweden 7.40% 5.4%
75th Barbados 7.47% 2.5%
76th Netherlands 7.48% 103.8%
77th Spain 8.24% 43.7%
78th St. Lucia 8.39% -37.4%
79th Ireland 8.96% 9.2%
80th Fiji 9.14% 121.6%
81st United Kingdom 9.44% 48.4%
82nd Ecuador 9.52% 84.1%
83rd Ghana 9.56% 215.4%
84th Haiti 9.58% 600.0%
85th New Zealand 10.39% 59.4%
86th Colombia 11.94% 72.8%
87th Portugal 11.95% 87.3%
88th Israel 11.97% 95.9%
89th Korea 13.51% -15.3%
90th Seychelles 14.60% -
91st Nigeria 16.00% 16.3%
92nd Türkiye 19.01% 139.9%
93rd Chile 20.05% -
94th Philippines 21.40% 48.8%
95th Uruguay 23.95% 46.9%

FAQ

What was Colombia's inflation rate in 1971?

Colombia's inflation rate in 1971 was 11.94%. This ranked 86th globally.

How did Colombia's inflation rate change in 1971?

Colombia's inflation rate increased by 72.8% in 1971 compared to 1970.

Which country had the highest inflation rate in 1971?

Uruguay had the highest inflation rate in 1971 at 23.95%.

What is the inflation rate of Colombia in 1971?

The inflation rate of Colombia in 1971 was 11.94%. This ranked 86th globally.

How does 1971 compare to 1970 for Colombia's inflation rate?

Colombia's inflation rate went from 6.91% in 1970 to 11.94% in 1971, a 72.8% increase.