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Guam: Inflation, GDP deflator (annual %)

In , Guam's Inflation, GDP deflator (annual %) was 5.47.

That's up 68.2% from 2021, the highest value on record.

The global average for this indicator in 2022 was 13.69 .

Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2022

Trend (2005–2022)

Guam Inflation, GDP deflator (annual %) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
5.47
Trough
0.24
1-year change
+68.2%
5-year change
+447.1%
+40.5% / yr
10-year change
+59.3%
+4.8% / yr

Historical Data — Last 10 Years

Year Inflation, GDP deflator (annual %)
5.4652
3.2502
4.0354
2.4388
1.4724
0.9990
1.5741
2.5225
2.0778
0.8405

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.ZGCategory: Economy

Frequently asked questions

What was Guam's Inflation, GDP deflator (annual %) in 2022?
In 2022, Guam's Inflation, GDP deflator (annual %) was 5.47, according to World Bank Open Data.
Is Guam's Inflation, GDP deflator (annual %) rising or falling?
Guam's Inflation, GDP deflator (annual %) rose 68.2% from 2021 to 2022.
How does Guam's Inflation, GDP deflator (annual %) compare to the world average?
The global average for Inflation, GDP deflator (annual %) in 2022 was 13.69, so Guam is below 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.
Download this data: CSV JSON

Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.