Armenia - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Armenia was 7.65 as of 2011. As the graph below shows, over the past 17 years this indicator reached a maximum value of 4,447.87 in 1994 and a minimum value of -0.79 in 2000.

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
1994 4,447.87
1995 175.95
1996 18.68
1997 13.96
1998 8.67
1999 0.65
2000 -0.79
2001 3.15
2002 1.06
2003 4.72
2004 6.96
2005 0.64
2006 2.89
2007 4.41
2008 8.95
2009 3.41
2010 8.18
2011 7.65

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Armenia was 4.22 as of 2011. As the graph below shows, over the past 20 years this indicator reached a maximum value of 4,107.30 in 1994 and a minimum value of -1.37 in 2000.

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
1991 79.39
1992 568.81
1993 1,391.17
1994 4,107.30
1995 161.16
1996 19.59
1997 17.74
1998 10.70
1999 0.05
2000 -1.37
2001 4.07
2002 2.37
2003 4.56
2004 6.31
2005 3.24
2006 4.62
2007 4.23
2008 5.99
2009 2.56
2010 9.17
2011 4.22

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices