# Bhutan - Inflation

## Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Bhutan was 8.85 as of 2011. As the graph below shows, over the past 30 years this indicator reached a maximum value of 18.02 in 1983 and a minimum value of 1.57 in 2003.

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.

Year Value
1981 9.93
1982 9.90
1983 18.02
1984 7.03
1985 1.88
1986 9.95
1987 6.37
1988 10.08
1989 8.78
1990 10.00
1991 12.28
1992 15.98
1993 11.21
1994 6.99
1995 9.50
1996 8.79
1997 6.51
1998 10.58
1999 6.78
2000 4.01
2001 3.41
2002 2.48
2003 1.57
2004 9.41
2005 5.31
2006 5.00
2007 5.16
2008 8.33
2009 4.36
2010 7.04
2011 8.85

## Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Bhutan was 5.65 as of 2011. As the graph below shows, over the past 29 years this indicator reached a maximum value of 14.70 in 1988 and a minimum value of 0.40 in 1987.

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.

Year Value
1982 7.47
1983 6.64
1984 10.04
1985 6.31
1986 6.68
1987 0.40
1988 14.70
1989 5.51
1990 5.71
1991 8.76
1992 9.30
1993 8.19
1994 12.85
1995 8.05
1996 8.06
1997 12.49
1998 10.51
1999 7.44
2000 2.29
2001 5.27
2002 4.88
2003 3.09
2004 3.79
2005 5.86
2006 5.41
2007 3.11
2008 5.69
2009 4.85
2010 5.92
2011 5.65

## Classification

Sub-Topic: Exchange rates & prices