Moldova: Inflation, GDP deflator (annual %)
In , Moldova's Inflation, GDP deflator (annual %) was 6.57.
That's down 29.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Moldova ranks #47 globally out of 193 reporting countries. Within Europe & Central Asia, it ranks #11 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
- 33.30
- Trough
- 2.17
- 1-year change
- -29.2%
- 5-year change
- +22.7%
- +4.2% / yr
- 10-year change
- +27.7%
- +2.5% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 6.5654 | |
| 9.2778 | |
| 18.8553 | |
| 6.3817 | |
| 5.5750 | |
| 5.3517 | |
| 3.2110 | |
| 6.2525 | |
| 3.5509 | |
| 11.5743 |
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 Moldova's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Moldova's Inflation, GDP deflator (annual %) was 6.57, according to World Bank Open Data.
- Is Moldova's Inflation, GDP deflator (annual %) rising or falling?
- Moldova's Inflation, GDP deflator (annual %) fell 29.2% from 2023 to 2024.
- How does Moldova rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Moldova ranked #47 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Moldova's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Moldova is below the world average. Within Europe & Central Asia, it ranks #11 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.