Kazakhstan: Inflation, GDP deflator (annual %)
In , Kazakhstan's Inflation, GDP deflator (annual %) was 8.99.
That's down 5.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Kazakhstan ranks #29 globally out of 193 reporting countries. Within Europe & Central Asia, it ranks #6 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
- 21.55
- Trough
- 1.82
- 1-year change
- -5.6%
- 5-year change
- +17.8%
- +3.3% / yr
- 10-year change
- +55.8%
- +4.5% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 8.9933 | |
| 9.5222 | |
| 19.7690 | |
| 13.9301 | |
| 4.2109 | |
| 7.6333 | |
| 9.2056 | |
| 11.2111 | |
| 13.6384 | |
| 1.8236 |
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 Kazakhstan's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Kazakhstan's Inflation, GDP deflator (annual %) was 8.99, according to World Bank Open Data.
- Is Kazakhstan's Inflation, GDP deflator (annual %) rising or falling?
- Kazakhstan's Inflation, GDP deflator (annual %) fell 5.6% from 2023 to 2024.
- How does Kazakhstan rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Kazakhstan ranked #29 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Kazakhstan's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Kazakhstan is below the world average. Within Europe & Central Asia, it ranks #6 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.