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