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Bolivia: Inflation, GDP deflator (annual %)

In , Bolivia's Inflation, GDP deflator (annual %) was 6.05.

That's up 3,096.8% from 2023, the highest value since .

The global average for this indicator in 2024 was 13.69 . Bolivia ranks #53 globally out of 193 reporting countries. Within Latin America & Caribbean, it ranks #9 of 38.

Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024

Trend (2005–2024)

Bolivia Inflation, GDP deflator (annual %) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
29.87
Trough
-4.62
1-year change
+3,096.8%
5-year change
+3,520.9%
10-year change
+195.0%
+11.4% / yr

Historical Data — Last 10 Years

Year Inflation, GDP deflator (annual %)
6.0463
0.1891
2.5910
2.8361
-1.1750
-0.1767
2.4751
29.8668
-1.3549
-4.6206

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.ZGCategory: Economy

Frequently asked questions

What was Bolivia's Inflation, GDP deflator (annual %) in 2024?
In 2024, Bolivia's Inflation, GDP deflator (annual %) was 6.05, according to World Bank Open Data.
Is Bolivia's Inflation, GDP deflator (annual %) rising or falling?
Bolivia's Inflation, GDP deflator (annual %) rose 3,096.8% from 2023 to 2024.
How does Bolivia rank globally on Inflation, GDP deflator (annual %)?
In 2024, Bolivia ranked #53 out of 193 countries reporting Inflation, GDP deflator (annual %).
How does Bolivia's Inflation, GDP deflator (annual %) compare to the world average?
The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Bolivia is below the world average. Within Latin America & Caribbean, it ranks #9 of 38.
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.
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Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.