World - Inflation, GDP deflator (annual %)
The value for Inflation, GDP deflator (annual %) in World was 1.79 as of 2020. As the graph below shows, over the past 51 years this indicator reached a maximum value of 16.38 in 1974 and a minimum value of 1.72 in 2016.
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 |
|---|---|
| 1969 | 4.15 |
| 1971 | 5.36 |
| 1972 | 6.36 |
| 1973 | 11.85 |
| 1974 | 16.38 |
| 1975 | 11.72 |
| 1976 | 9.93 |
| 1977 | 9.75 |
| 1978 | 8.80 |
| 1979 | 11.80 |
| 1980 | 13.35 |
| 1981 | 10.44 |
| 1982 | 8.30 |
| 1983 | 7.61 |
| 1984 | 8.01 |
| 1985 | 5.59 |
| 1986 | 5.09 |
| 1987 | 6.49 |
| 1988 | 6.35 |
| 1989 | 6.99 |
| 1990 | 7.79 |
| 1991 | 8.12 |
| 1992 | 6.64 |
| 1993 | 7.02 |
| 1994 | 9.80 |
| 1995 | 8.32 |
| 1996 | 6.58 |
| 1997 | 4.92 |
| 1998 | 4.82 |
| 1999 | 4.21 |
| 2000 | 4.68 |
| 2001 | 3.86 |
| 2002 | 3.49 |
| 2003 | 3.93 |
| 2004 | 5.58 |
| 2005 | 5.84 |
| 2006 | 5.66 |
| 2007 | 5.79 |
| 2008 | 7.90 |
| 2009 | 2.26 |
| 2010 | 4.37 |
| 2011 | 5.65 |
| 2012 | 3.62 |
| 2013 | 2.28 |
| 2014 | 2.00 |
| 2015 | 2.22 |
| 2016 | 1.72 |
| 2017 | 2.96 |
| 2018 | 2.70 |
| 2019 | 2.38 |
| 2020 | 1.79 |
Aggregation method: Median
Periodicity: Annual
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices
