Lower middle income - Inflation
Inflation, consumer prices (annual %)
The value for Inflation, consumer prices (annual %) in Lower middle income was 3.29 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 14.70 in 1980 and a minimum value of 3.29 in 2020.
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 |
|---|---|
| 1977 | 11.47 |
| 1978 | 8.32 |
| 1979 | 10.93 |
| 1980 | 14.70 |
| 1981 | 12.45 |
| 1982 | 10.67 |
| 1983 | 11.71 |
| 1984 | 11.02 |
| 1985 | 7.89 |
| 1986 | 8.73 |
| 1987 | 8.72 |
| 1988 | 8.98 |
| 1989 | 9.08 |
| 1990 | 10.33 |
| 1991 | 13.44 |
| 1992 | 10.14 |
| 1993 | 9.82 |
| 1994 | 12.81 |
| 1995 | 10.19 |
| 1996 | 9.33 |
| 1997 | 7.13 |
| 1998 | 9.23 |
| 1999 | 5.20 |
| 2000 | 4.01 |
| 2001 | 4.57 |
| 2002 | 3.64 |
| 2003 | 5.13 |
| 2004 | 4.74 |
| 2005 | 5.39 |
| 2006 | 5.81 |
| 2007 | 6.75 |
| 2008 | 11.08 |
| 2009 | 5.46 |
| 2010 | 4.83 |
| 2011 | 6.33 |
| 2012 | 5.20 |
| 2013 | 5.32 |
| 2014 | 5.06 |
| 2015 | 3.88 |
| 2016 | 3.37 |
| 2017 | 3.63 |
| 2018 | 3.95 |
| 2019 | 3.32 |
| 2020 | 3.29 |
Inflation, GDP deflator (annual %)
The value for Inflation, GDP deflator (annual %) in Lower middle income was 3.43 as of 2020. As the graph below shows, over the past 58 years this indicator reached a maximum value of 18.79 in 1974 and a minimum value of 1.53 in 1963.
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 |
|---|---|
| 1962 | 2.09 |
| 1963 | 1.53 |
| 1964 | 2.91 |
| 1965 | 3.03 |
| 1966 | 3.32 |
| 1967 | 2.17 |
| 1968 | 2.78 |
| 1969 | 2.85 |
| 1970 | 3.84 |
| 1971 | 3.29 |
| 1972 | 5.27 |
| 1973 | 13.95 |
| 1974 | 18.79 |
| 1975 | 9.78 |
| 1976 | 10.64 |
| 1977 | 10.05 |
| 1978 | 9.17 |
| 1979 | 12.93 |
| 1980 | 13.91 |
| 1981 | 9.97 |
| 1982 | 8.10 |
| 1983 | 9.09 |
| 1984 | 9.10 |
| 1985 | 6.51 |
| 1986 | 5.54 |
| 1987 | 7.86 |
| 1988 | 7.92 |
| 1989 | 8.16 |
| 1990 | 9.05 |
| 1991 | 13.23 |
| 1992 | 9.18 |
| 1993 | 11.05 |
| 1994 | 13.03 |
| 1995 | 11.13 |
| 1996 | 8.84 |
| 1997 | 8.69 |
| 1998 | 7.47 |
| 1999 | 6.68 |
| 2000 | 6.33 |
| 2001 | 6.74 |
| 2002 | 4.41 |
| 2003 | 5.51 |
| 2004 | 6.95 |
| 2005 | 6.30 |
| 2006 | 8.48 |
| 2007 | 7.02 |
| 2008 | 10.40 |
| 2009 | 3.82 |
| 2010 | 8.84 |
| 2011 | 8.71 |
| 2012 | 7.11 |
| 2013 | 4.42 |
| 2014 | 4.27 |
| 2015 | 3.43 |
| 2016 | 2.52 |
| 2017 | 4.12 |
| 2018 | 3.40 |
| 2019 | 3.24 |
| 2020 | 3.43 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices
