Fiji: Inflation, GDP deflator (annual %)
In , Fiji's Inflation, GDP deflator (annual %) was 6.11.
That's up 121.8% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Fiji ranks #52 globally out of 193 reporting countries. Within East Asia & Pacific, it ranks #8 of 30.
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
- 12.51
- Trough
- -4.12
- 1-year change
- +121.8%
- 5-year change
- +2,084.0%
- 10-year change
- -51.2%
- -6.9% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 6.1073 | |
| 2.7530 | |
| 8.0741 | |
| -1.8142 | |
| -4.1180 | |
| -0.3078 | |
| 1.4257 | |
| 1.6985 | |
| 2.6333 | |
| 2.5309 |
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 Fiji's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Fiji's Inflation, GDP deflator (annual %) was 6.11, according to World Bank Open Data.
- Is Fiji's Inflation, GDP deflator (annual %) rising or falling?
- Fiji's Inflation, GDP deflator (annual %) rose 121.8% from 2023 to 2024.
- How does Fiji rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Fiji ranked #52 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Fiji's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Fiji is below the world average. Within East Asia & Pacific, it ranks #8 of 30.
- 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.