Arab World - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Arab World was 2.68 as of 2021. As the graph below shows, over the past 48 years this indicator reached a maximum value of 15.53 in 1974 and a minimum value of 1.09 in 2019.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1973 8.27
1974 15.53
1975 9.67
1976 10.32
1977 11.99
1978 9.72
1980 9.63
1981 10.76
1982 8.33
1983 5.49
1984 8.12
1985 7.25
1986 6.80
1987 4.22
1988 5.91
1989 7.74
1990 8.45
1991 9.00
1992 9.36
1993 9.37
1994 5.11
1995 6.54
1996 4.68
1997 3.60
1998 3.42
1999 2.67
2000 1.85
2001 1.77
2002 1.83
2003 2.71
2004 3.63
2005 3.49
2006 3.54
2007 4.74
2008 11.27
2009 2.92
2010 3.91
2011 4.75
2012 4.61
2013 3.24
2014 2.77
2015 1.81
2016 2.07
2017 1.97
2018 2.46
2019 1.09
2020 1.78
2021 2.68

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Arab World was 0.86 as of 2020. As the graph below shows, over the past 51 years this indicator reached a maximum value of 24.39 in 1974 and a minimum value of -5.74 in 2009.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1969 1.11
1970 3.47
1971 6.56
1972 2.89
1973 11.39
1974 24.39
1975 5.91
1976 8.89
1977 9.79
1978 8.42
1979 13.99
1980 14.88
1981 11.41
1982 6.53
1983 7.26
1984 6.98
1985 4.97
1986 7.26
1987 8.84
1988 5.38
1989 8.70
1990 14.83
1991 7.98
1992 5.72
1993 4.69
1994 7.87
1995 6.68
1996 5.06
1997 3.11
1998 -1.92
1999 6.63
2000 10.44
2001 0.72
2002 3.97
2003 5.02
2004 11.02
2005 15.36
2006 9.28
2007 8.44
2008 16.48
2009 -5.74
2010 11.80
2011 14.35
2012 4.79
2013 1.51
2014 0.61
2015 -2.10
2016 0.75
2017 5.96
2018 7.98
2019 2.03
2020 0.86

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices