West Bank and Gaza - Inflation, consumer prices (annual %)
The value for Inflation, consumer prices (annual %) in West Bank and Gaza was 1.24 as of 2021. As the graph below shows, over the past 24 years this indicator reached a maximum value of 9.89 in 2008 and a minimum value of -0.74 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 |
|---|---|
| 1997 | 7.09 |
| 1998 | 5.58 |
| 1999 | 5.54 |
| 2000 | 2.80 |
| 2001 | 1.22 |
| 2002 | 5.71 |
| 2003 | 4.40 |
| 2004 | 3.00 |
| 2005 | 4.11 |
| 2006 | 3.84 |
| 2007 | 1.86 |
| 2008 | 9.89 |
| 2009 | 2.75 |
| 2010 | 3.75 |
| 2011 | 2.88 |
| 2012 | 2.78 |
| 2013 | 1.72 |
| 2014 | 1.73 |
| 2015 | 1.43 |
| 2016 | -0.22 |
| 2017 | 0.21 |
| 2018 | -0.20 |
| 2019 | 1.58 |
| 2020 | -0.74 |
| 2021 | 1.24 |
Aggregation method: Median
Periodicity: Annual
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices
