Israel: Inflation, GDP deflator (annual %)
In , Israel's Inflation, GDP deflator (annual %) was 5.52.
That's up 21.2% from 2023, the highest value on record.
The global average for this indicator in 2024 was 13.69 . Israel ranks #61 globally out of 193 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #5 of 19.
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
- 5.52
- Trough
- 0.01
- 1-year change
- +21.2%
- 5-year change
- +187.8%
- +23.5% / yr
- 10-year change
- +610.5%
- +21.7% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 5.5154 | |
| 4.5496 | |
| 4.9353 | |
| 2.2971 | |
| 1.0571 | |
| 1.9164 | |
| 0.6852 | |
| 0.0066 | |
| 0.3487 | |
| 2.3611 |
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 Israel's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Israel's Inflation, GDP deflator (annual %) was 5.52, according to World Bank Open Data.
- Is Israel's Inflation, GDP deflator (annual %) rising or falling?
- Israel's Inflation, GDP deflator (annual %) rose 21.2% from 2023 to 2024.
- How does Israel rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Israel ranked #61 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Israel's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Israel is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #5 of 19.
- 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.