Kuwait - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Kuwait was 4.75 as of 2011. As the graph below shows, over the past 38 years this indicator reached a maximum value of 12.99 in 1974 and a minimum value of -21.68 in 1978.

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 12.99
1975 8.39
1976 5.24
1977 9.89
1978 -21.68
1979 7.05
1980 6.93
1981 7.37
1982 7.78
1983 4.72
1984 1.18
1985 1.49
1986 0.95
1987 0.65
1988 1.47
1989 3.34
1990 9.83
1991 9.06
1992 -0.55
1993 0.38
1994 2.53
1995 2.69
1996 3.55
1997 0.68
1998 0.13
1999 2.99
2000 2.51
2001 1.30
2002 0.89
2003 0.96
2004 1.25
2005 4.14
2006 3.06
2007 5.48
2008 10.58
2009 3.97
2010 4.02
2011 4.75

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Kuwait was 26.41 as of 2011. As the graph below shows, over the past 48 years this indicator reached a maximum value of 162.81 in 1974 and a minimum value of -25.70 in 1986.

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
1963 0.27
1964 0.27
1965 0.72
1966 1.52
1967 -0.27
1968 -0.27
1969 1.23
1970 0.57
1971 25.05
1972 1.48
1973 15.11
1974 162.81
1975 -0.60
1976 0.93
1977 5.62
1978 -1.96
1979 40.81
1980 42.57
1981 11.45
1982 1.42
1983 -11.31
1984 0.35
1985 4.86
1986 -25.70
1987 10.79
1988 2.97
1989 -1.72
1993 -7.39
1994 -5.87
1995 4.85
1996 15.51
1997 -4.72
1998 -17.15
1999 18.07
2000 20.53
2001 -8.18
2002 5.15
2003 4.92
2004 11.42
2005 21.78
2006 18.74
2007 5.92
2008 15.85
2009 -18.90
2010 13.06
2011 26.41

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices