Upper middle income - Inflation
Inflation, consumer prices (annual %)
The value for Inflation, consumer prices (annual %) in Upper middle income was 4.17 as of 2021. As the graph below shows, over the past 35 years this indicator reached a maximum value of 22.57 in 1994 and a minimum value of 1.49 in 2015.
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 |
|---|---|
| 1986 | 8.68 |
| 1987 | 7.02 |
| 1988 | 8.35 |
| 1989 | 11.39 |
| 1990 | 13.49 |
| 1991 | 14.71 |
| 1992 | 11.96 |
| 1993 | 13.08 |
| 1994 | 22.57 |
| 1995 | 14.90 |
| 1996 | 9.06 |
| 1997 | 7.36 |
| 1998 | 6.85 |
| 1999 | 5.02 |
| 2000 | 5.66 |
| 2001 | 6.03 |
| 2002 | 5.70 |
| 2003 | 5.16 |
| 2004 | 4.68 |
| 2005 | 4.74 |
| 2006 | 4.80 |
| 2007 | 5.69 |
| 2008 | 9.54 |
| 2009 | 2.59 |
| 2010 | 3.86 |
| 2011 | 5.67 |
| 2012 | 3.78 |
| 2013 | 2.79 |
| 2014 | 2.99 |
| 2015 | 1.49 |
| 2016 | 1.69 |
| 2017 | 3.21 |
| 2018 | 2.62 |
| 2019 | 2.10 |
| 2020 | 1.72 |
| 2021 | 4.17 |
Inflation, GDP deflator (annual %)
The value for Inflation, GDP deflator (annual %) in Upper middle income was 1.36 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 25.12 in 1991 and a minimum value of 1.36 in 2020.
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 |
|---|---|
| 1977 | 10.87 |
| 1978 | 9.77 |
| 1979 | 13.82 |
| 1980 | 15.21 |
| 1981 | 7.36 |
| 1982 | 7.38 |
| 1983 | 7.50 |
| 1984 | 7.46 |
| 1985 | 8.75 |
| 1986 | 6.57 |
| 1987 | 8.68 |
| 1988 | 9.48 |
| 1989 | 9.00 |
| 1990 | 14.76 |
| 1991 | 25.12 |
| 1992 | 14.08 |
| 1993 | 15.19 |
| 1994 | 20.46 |
| 1995 | 10.59 |
| 1996 | 8.90 |
| 1997 | 7.01 |
| 1998 | 6.50 |
| 1999 | 6.57 |
| 2000 | 7.78 |
| 2001 | 5.91 |
| 2002 | 5.01 |
| 2003 | 4.96 |
| 2004 | 6.90 |
| 2005 | 6.77 |
| 2006 | 7.90 |
| 2007 | 6.54 |
| 2008 | 9.19 |
| 2009 | 2.50 |
| 2010 | 5.44 |
| 2011 | 5.91 |
| 2012 | 4.19 |
| 2013 | 2.66 |
| 2014 | 2.43 |
| 2015 | 2.48 |
| 2016 | 2.63 |
| 2017 | 3.62 |
| 2018 | 3.23 |
| 2019 | 2.53 |
| 2020 | 1.36 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices
