Latvia - Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Latvia was -0.09 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 20.06 in 2007 and a minimum value of -9.67 in 2009.

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
1996 12.43
1997 5.89
1998 4.82
1999 1.49
2000 3.62
2001 2.30
2002 5.07
2003 5.02
2004 7.06
2005 11.20
2006 12.44
2007 20.06
2008 11.65
2009 -9.67
2010 -0.34
2011 6.53
2012 3.64
2013 1.72
2014 1.92
2015 0.12
2016 0.86
2017 2.95
2018 3.89
2019 2.58
2020 -0.09

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices