Micronesia - Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Micronesia was 2.30 as of 2020. As the graph below shows, over the past 33 years this indicator reached a maximum value of 9.39 in 2018 and a minimum value of -5.25 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
1987 2.77
1988 4.20
1989 4.73
1990 4.95
1991 5.10
1992 3.03
1993 3.01
1994 2.62
1995 2.25
1996 1.87
1997 0.65
1998 2.99
1999 -0.78
2000 1.08
2001 1.11
2002 0.09
2003 -0.36
2004 0.99
2005 2.10
2006 1.38
2007 3.17
2008 5.00
2009 5.36
2010 3.60
2011 1.60
2012 7.12
2013 0.64
2014 3.02
2015 -5.25
2016 4.05
2017 7.47
2018 9.39
2019 0.34
2020 2.30

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices