Belarus: Inflation, GDP deflator (annual %)
In , Belarus's Inflation, GDP deflator (annual %) was 8.77.
That's up 9.0% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Belarus ranks #31 globally out of 193 reporting countries. Within Europe & Central Asia, it ranks #7 of 52.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 75.24
- Trough
- 8.05
- 1-year change
- +9.0%
- 5-year change
- +2.2%
- +0.4% / yr
- 10-year change
- -51.8%
- -7.0% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 8.7679 | |
| 8.0468 | |
| 14.8849 | |
| 15.3266 | |
| 11.8775 | |
| 8.5770 | |
| 12.1392 | |
| 8.6231 | |
| 8.3419 | |
| 16.0225 |
About Inflation, GDP deflator (annual %)
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.
Indicator code: NY.GDP.DEFL.KD.ZG • Category: Economy
Frequently asked questions
- What was Belarus's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Belarus's Inflation, GDP deflator (annual %) was 8.77, according to World Bank Open Data.
- Is Belarus's Inflation, GDP deflator (annual %) rising or falling?
- Belarus's Inflation, GDP deflator (annual %) rose 9.0% from 2023 to 2024.
- How does Belarus rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Belarus ranked #31 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Belarus's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Belarus is below the world average. Within Europe & Central Asia, it ranks #7 of 52.
- What is Inflation, GDP deflator (annual %) and how is it measured?
- 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 Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.