Kenya: Inflation, GDP deflator (annual %)
In , Kenya's Inflation, GDP deflator (annual %) was 3.05.
That's down 43.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Kenya ranks #124 globally out of 193 reporting countries. Within Sub-Saharan Africa, it ranks #33 of 46.
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
- 27.70
- Trough
- 1.64
- 1-year change
- -43.6%
- 5-year change
- -28.6%
- -6.5% / yr
- 10-year change
- -60.0%
- -8.8% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 3.0524 | |
| 5.4158 | |
| 6.9571 | |
| 4.3307 | |
| 4.9489 | |
| 4.2752 | |
| 4.2150 | |
| 7.5819 | |
| 5.8496 | |
| 9.2387 |
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 Kenya's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Kenya's Inflation, GDP deflator (annual %) was 3.05, according to World Bank Open Data.
- Is Kenya's Inflation, GDP deflator (annual %) rising or falling?
- Kenya's Inflation, GDP deflator (annual %) fell 43.6% from 2023 to 2024.
- How does Kenya rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Kenya ranked #124 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Kenya's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Kenya is below the world average. Within Sub-Saharan Africa, it ranks #33 of 46.
- 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.