Costa Rica: Inflation, GDP deflator (annual %)
In , Costa Rica's Inflation, GDP deflator (annual %) was 0.05.
That's up 153.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Costa Rica ranks #177 globally out of 193 reporting countries. Within Latin America & Caribbean, it ranks #36 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
- 13.01
- Trough
- -0.09
- 1-year change
- +153.6%
- 5-year change
- -98.2%
- -55.0% / yr
- 10-year change
- -99.2%
- -38.6% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 0.0471 | |
| -0.0879 | |
| 6.2804 | |
| 2.3741 | |
| 0.7726 | |
| 2.5668 | |
| 2.1925 | |
| 2.8589 | |
| 1.9588 | |
| 3.9552 |
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 Costa Rica's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Costa Rica's Inflation, GDP deflator (annual %) was 0.05, according to World Bank Open Data.
- Is Costa Rica's Inflation, GDP deflator (annual %) rising or falling?
- Costa Rica's Inflation, GDP deflator (annual %) rose 153.6% from 2023 to 2024.
- How does Costa Rica rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Costa Rica ranked #177 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Costa Rica's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Costa Rica is below the world average. Within Latin America & Caribbean, it ranks #36 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.