Armenia - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Armenia was 2.98 as of 2014. As the graph below shows, over the past 20 years this indicator reached a maximum value of 3,373.47 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 3,373.47
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
2012 2.56
2013 5.79
2014 2.98

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Armenia was 3.19 as of 2013. As the graph below shows, over the past 22 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 7.77
2011 4.28
2012 -1.22
2013 3.19

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices