West Bank and Gaza - Inflation, GDP deflator (annual %)
The value for Inflation, GDP deflator (annual %) in West Bank and Gaza was 2.58 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 17.01 in 2008 and a minimum value of -5.37 in 1998.
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 |
---|---|
1995 | 7.78 |
1996 | 2.62 |
1997 | -3.83 |
1998 | -5.37 |
1999 | -3.03 |
2000 | 10.44 |
2001 | 2.34 |
2002 | 1.49 |
2003 | -2.13 |
2004 | -4.86 |
2005 | 0.06 |
2006 | 5.39 |
2007 | 4.77 |
2008 | 17.01 |
2009 | 1.85 |
2010 | 13.20 |
2011 | 5.42 |
2012 | 2.87 |
2013 | 5.74 |
2014 | 3.67 |
2015 | -3.71 |
2016 | 1.28 |
2017 | 3.23 |
2018 | -0.30 |
2019 | 3.85 |
2020 | 2.58 |
Aggregation method: Median
Periodicity: Annual
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices