Inflation, GDP deflator (annual %) - Oceania

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.

Description: The map below shows how Inflation, GDP deflator (annual %) varies by country in Oceania. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the region is Kiribati, with a value of 8.01. The country with the lowest value in the region is Tonga, with a value of -3.62.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also: Country ranking, Time series comparison

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Aggregation method: Median

Periodicity: Annual