Finland: Inflation, GDP deflator (annual %)
In , Finland's Inflation, GDP deflator (annual %) was 0.72.
That's down 79.3% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Finland ranks #172 globally out of 193 reporting countries. Within Europe & Central Asia, it ranks #50 of 52.
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
- 6.17
- Trough
- 0.06
- 1-year change
- -79.3%
- 5-year change
- -51.2%
- -13.4% / yr
- 10-year change
- -56.1%
- -7.9% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 0.7225 | |
| 3.4943 | |
| 6.1728 | |
| 2.4928 | |
| 1.6384 | |
| 1.4819 | |
| 1.9871 | |
| 0.8360 | |
| 0.0552 | |
| 1.6327 |
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 Finland's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Finland's Inflation, GDP deflator (annual %) was 0.72, according to World Bank Open Data.
- Is Finland's Inflation, GDP deflator (annual %) rising or falling?
- Finland's Inflation, GDP deflator (annual %) fell 79.3% from 2023 to 2024.
- How does Finland rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Finland ranked #172 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Finland's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Finland is below the world average. Within Europe & Central Asia, it ranks #50 of 52.
- 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.