Greece: Inflation, GDP deflator (annual %)
In , Greece's Inflation, GDP deflator (annual %) was 3.21.
That's down 48.8% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Greece ranks #114 globally out of 193 reporting countries. Within Europe & Central Asia, it ranks #33 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
- 6.29
- Trough
- -1.96
- 1-year change
- -48.8%
- 5-year change
- +1,209.9%
- +67.3% / yr
- 10-year change
- +266.9%
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 3.2094 | |
| 6.2697 | |
| 6.2854 | |
| 1.3928 | |
| -0.3640 | |
| 0.2450 | |
| -0.2348 | |
| 0.2036 | |
| -0.4900 | |
| -0.1748 |
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 Greece's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Greece's Inflation, GDP deflator (annual %) was 3.21, according to World Bank Open Data.
- Is Greece's Inflation, GDP deflator (annual %) rising or falling?
- Greece's Inflation, GDP deflator (annual %) fell 48.8% from 2023 to 2024.
- How does Greece rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Greece ranked #114 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Greece's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Greece is below the world average. Within Europe & Central Asia, it ranks #33 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.