In 2024, the average inflation rate in Colombia stood at approximately 6.60 percent. Between 1980 and 2024, the figure dropped by around 19.33 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 3.58 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

In 2024, the average inflation rate in Colombia was approximately 6.60 percent. Between 1980 and 2024, the figure dropped by around 19.33 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 3.58 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.