Middle income - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Middle income was 4.26 as of 2021. As the graph below shows, over the past 44 years this indicator reached a maximum value of 13.77 in 1994 and a minimum value of 2.46 in 2016.

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 11.19
1978 8.82
1981 12.97
1982 10.26
1983 10.67
1984 10.46
1985 8.51
1986 8.73
1987 8.23
1988 8.91
1989 9.30
1990 11.40
1991 13.66
1992 10.14
1993 10.91
1994 13.77
1995 12.21
1996 9.33
1997 7.15
1998 7.70
1999 5.02
2000 4.61
2001 5.33
2002 4.70
2003 5.13
2004 4.69
2005 5.05
2006 5.80
2007 6.21
2008 10.11
2009 4.20
2010 4.12
2011 5.80
2012 4.53
2013 4.08
2014 3.48
2015 2.89
2016 2.46
2017 3.32
2018 3.21
2019 2.70
2020 2.58
2021 4.26

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Middle income was 2.58 as of 2020. As the graph below shows, over the past 53 years this indicator reached a maximum value of 21.27 in 1974 and a minimum value of 2.39 in 1967.

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
1967 2.39
1968 2.58
1969 3.34
1970 3.71
1971 3.75
1972 6.48
1973 14.59
1974 21.27
1975 11.22
1976 10.64
1977 10.48
1978 9.36
1979 13.01
1980 13.91
1981 9.47
1982 7.80
1983 8.49
1984 8.77
1985 7.56
1986 5.78
1987 8.00
1988 8.23
1989 8.44
1990 10.65
1991 14.61
1992 10.27
1993 12.22
1994 16.76
1995 10.88
1996 8.90
1997 7.28
1998 6.96
1999 6.57
2000 7.24
2001 5.98
2002 4.70
2003 5.28
2004 6.92
2005 6.58
2006 8.20
2007 6.84
2008 9.50
2009 3.16
2010 6.14
2011 7.47
2012 4.85
2013 3.37
2014 3.34
2015 2.61
2016 2.63
2017 3.82
2018 3.31
2019 2.70
2020 2.58

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices