Liberia: Inflation, GDP deflator (annual %)
In , Liberia's Inflation, GDP deflator (annual %) was 4.66.
That's down 3.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Liberia ranks #75 globally out of 193 reporting countries. Within Sub-Saharan Africa, it ranks #24 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
- 17.33
- Trough
- -2.72
- 1-year change
- -3.2%
- 5-year change
- +931.3%
- 10-year change
- +469.6%
- +19.0% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 4.6587 | |
| 4.8121 | |
| 8.6662 | |
| 5.3543 | |
| -1.3806 | |
| -0.5604 | |
| -0.2099 | |
| -2.6179 | |
| 6.9730 | |
| 0.0627 |
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 Liberia's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Liberia's Inflation, GDP deflator (annual %) was 4.66, according to World Bank Open Data.
- Is Liberia's Inflation, GDP deflator (annual %) rising or falling?
- Liberia's Inflation, GDP deflator (annual %) fell 3.2% from 2023 to 2024.
- How does Liberia rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Liberia ranked #75 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Liberia's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Liberia is below the world average. Within Sub-Saharan Africa, it ranks #24 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.