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Equatorial Guinea: Inflation, GDP deflator (annual %)

In , Equatorial Guinea's Inflation, GDP deflator (annual %) was 2.50.

That's up 132.7% from 2023, the highest value since .

The global average for this indicator in 2024 was 13.69 . Equatorial Guinea ranks #134 globally out of 193 reporting countries. Within Sub-Saharan Africa, it ranks #36 of 46.

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

Trend (2005–2024)

Equatorial Guinea 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
59.33
Trough
-20.83
1-year change
+132.7%
5-year change
+179.1%
10-year change
+296.5%

Historical Data — Last 10 Years

Year Inflation, GDP deflator (annual %)
2.5027
-7.6475
22.1004
17.9386
-10.1685
-3.1637
9.5138
12.7424
-6.2854
-20.1928

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 Equatorial Guinea's Inflation, GDP deflator (annual %) in 2024?
In 2024, Equatorial Guinea's Inflation, GDP deflator (annual %) was 2.50, according to World Bank Open Data.
Is Equatorial Guinea's Inflation, GDP deflator (annual %) rising or falling?
Equatorial Guinea's Inflation, GDP deflator (annual %) rose 132.7% from 2023 to 2024.
How does Equatorial Guinea rank globally on Inflation, GDP deflator (annual %)?
In 2024, Equatorial Guinea ranked #134 out of 193 countries reporting Inflation, GDP deflator (annual %).
How does Equatorial Guinea's Inflation, GDP deflator (annual %) compare to the world average?
The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Equatorial Guinea is below the world average. Within Sub-Saharan Africa, it ranks #36 of 46.
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.