Gabon: Inflation, GDP deflator (annual %)
In , Gabon's Inflation, GDP deflator (annual %) was 4.20.
That's up 142.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Gabon ranks #83 globally out of 193 reporting countries. Within Sub-Saharan Africa, it ranks #25 of 46.
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
- 20.48
- Trough
- -18.07
- 1-year change
- +142.2%
- 5-year change
- +171.3%
- +22.1% / yr
- 10-year change
- +593.1%
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 4.1979 | |
| -9.9580 | |
| 14.7583 | |
| 20.3384 | |
| -9.0099 | |
| 1.5475 | |
| 7.1767 | |
| 3.8203 | |
| -4.2698 | |
| -8.9272 |
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 Gabon's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Gabon's Inflation, GDP deflator (annual %) was 4.20, according to World Bank Open Data.
- Is Gabon's Inflation, GDP deflator (annual %) rising or falling?
- Gabon's Inflation, GDP deflator (annual %) rose 142.2% from 2023 to 2024.
- How does Gabon rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Gabon ranked #83 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Gabon's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Gabon is below the world average. Within Sub-Saharan Africa, it ranks #25 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.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.