Australia - Inflation, GDP deflator (annual %)
The value for Inflation, GDP deflator (annual %) in Australia was 1.78 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 16.50 in 1975 and a minimum value of -0.62 in 2015.
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 |
|---|---|
| 1961 | 3.22 |
| 1962 | -0.08 |
| 1963 | 1.79 |
| 1964 | 3.29 |
| 1965 | 2.98 |
| 1966 | 2.68 |
| 1967 | 4.87 |
| 1968 | 2.25 |
| 1969 | 4.75 |
| 1970 | 5.13 |
| 1971 | 5.19 |
| 1972 | 6.19 |
| 1973 | 8.98 |
| 1974 | 16.38 |
| 1975 | 16.50 |
| 1976 | 14.02 |
| 1977 | 11.42 |
| 1978 | 8.24 |
| 1979 | 8.63 |
| 1980 | 10.02 |
| 1981 | 9.53 |
| 1982 | 11.71 |
| 1983 | 10.16 |
| 1984 | 7.86 |
| 1985 | 4.63 |
| 1986 | 6.46 |
| 1987 | 7.06 |
| 1988 | 7.20 |
| 1989 | 9.25 |
| 1990 | 6.10 |
| 1991 | 3.04 |
| 1992 | 1.50 |
| 1993 | 0.89 |
| 1994 | 1.02 |
| 1995 | 2.27 |
| 1996 | 2.73 |
| 1997 | 1.27 |
| 1998 | 1.19 |
| 1999 | 0.49 |
| 2000 | 2.56 |
| 2001 | 4.62 |
| 2002 | 2.84 |
| 2003 | 3.01 |
| 2004 | 3.24 |
| 2005 | 3.81 |
| 2006 | 5.12 |
| 2007 | 4.98 |
| 2008 | 4.61 |
| 2009 | 4.99 |
| 2010 | 1.17 |
| 2011 | 6.21 |
| 2012 | 1.79 |
| 2013 | -0.15 |
| 2014 | 1.44 |
| 2015 | -0.62 |
| 2016 | -0.60 |
| 2017 | 3.75 |
| 2018 | 1.83 |
| 2019 | 3.42 |
| 2020 | 1.78 |
Aggregation method: Median
Periodicity: Annual
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices