Hong Kong SAR, China: Inflation, GDP deflator (annual %)
In , Hong Kong SAR, China's Inflation, GDP deflator (annual %) was 3.82.
That's up 32.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Hong Kong SAR, China ranks #97 globally out of 193 reporting countries. Within East Asia & Pacific, it ranks #12 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
- 3.90
- Trough
- -0.53
- 1-year change
- +32.2%
- 5-year change
- +87.0%
- +13.3% / yr
- 10-year change
- +34.2%
- +3.0% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 3.8243 | |
| 2.8929 | |
| 1.6886 | |
| 0.6836 | |
| 0.6383 | |
| 2.0450 | |
| 3.6595 | |
| 2.8806 | |
| 1.6383 | |
| 3.6436 |
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 Hong Kong SAR, China's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Hong Kong SAR, China's Inflation, GDP deflator (annual %) was 3.82, according to World Bank Open Data.
- Is Hong Kong SAR, China's Inflation, GDP deflator (annual %) rising or falling?
- Hong Kong SAR, China's Inflation, GDP deflator (annual %) rose 32.2% from 2023 to 2024.
- How does Hong Kong SAR, China rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Hong Kong SAR, China ranked #97 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Hong Kong SAR, China's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Hong Kong SAR, China is below the world average. Within East Asia & Pacific, it ranks #12 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.