Eritrea: Inflation, GDP deflator (annual %)
In , Eritrea's Inflation, GDP deflator (annual %) was 19.54.
That's up 220.4% from 2010, the highest value since .
The global average for this indicator in 2011 was 13.69 .
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2011
Trend (2005–2011)
- 2008 · Global financial crisis
Highlights
- Peak
- 29.50
- Trough
- -16.23
- 1-year change
- +220.4%
- 5-year change
- +71.5%
- +11.4% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 19.5382 | |
| -16.2282 | |
| 29.5045 | |
| 16.0762 | |
| 7.2882 | |
| 11.3940 | |
| 7.6237 |
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 Eritrea's Inflation, GDP deflator (annual %) in 2011?
- In 2011, Eritrea's Inflation, GDP deflator (annual %) was 19.54, according to World Bank Open Data.
- Is Eritrea's Inflation, GDP deflator (annual %) rising or falling?
- Eritrea's Inflation, GDP deflator (annual %) rose 220.4% from 2010 to 2011.
- How does Eritrea's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2011 was 13.69, so Eritrea is above the world average.
- 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.