Chile: Inflation, GDP deflator (annual %)
In , Chile's Inflation, GDP deflator (annual %) was 7.71.
That's up 17.1% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Chile ranks #37 globally out of 193 reporting countries. Within Latin America & Caribbean, it ranks #6 of 38.
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
- 12.35
- Trough
- 0.31
- 1-year change
- +17.1%
- 5-year change
- +200.5%
- +24.6% / yr
- 10-year change
- +31.8%
- +2.8% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 7.7150 | |
| 6.5878 | |
| 7.5602 | |
| 6.8688 | |
| 9.6657 | |
| 2.5678 | |
| 1.5902 | |
| 4.8282 | |
| 4.5607 | |
| 4.9544 |
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 Chile's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Chile's Inflation, GDP deflator (annual %) was 7.71, according to World Bank Open Data.
- Is Chile's Inflation, GDP deflator (annual %) rising or falling?
- Chile's Inflation, GDP deflator (annual %) rose 17.1% from 2023 to 2024.
- How does Chile rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Chile ranked #37 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Chile's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Chile is below the world average. Within Latin America & Caribbean, it ranks #6 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.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.