Japan: Inflation, GDP deflator (annual %)
In , Japan's Inflation, GDP deflator (annual %) was 2.89.
That's down 29.0% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Japan ranks #128 globally out of 193 reporting countries. Within East Asia & Pacific, it ranks #16 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
- 4.07
- Trough
- -1.88
- 1-year change
- -29.0%
- 5-year change
- +355.0%
- +35.4% / yr
- 10-year change
- +71.3%
- +5.5% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 2.8881 | |
| 4.0682 | |
| 0.3990 | |
| -0.2038 | |
| 0.9339 | |
| 0.6348 | |
| -0.0002 | |
| -0.0744 | |
| 0.4199 | |
| 2.1113 |
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 Japan's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Japan's Inflation, GDP deflator (annual %) was 2.89, according to World Bank Open Data.
- Is Japan's Inflation, GDP deflator (annual %) rising or falling?
- Japan's Inflation, GDP deflator (annual %) fell 29.0% from 2023 to 2024.
- How does Japan rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Japan ranked #128 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Japan's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Japan is below the world average. Within East Asia & Pacific, it ranks #16 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.