Mozambique: Inflation, GDP deflator (annual %)
In , Mozambique's Inflation, GDP deflator (annual %) was 6.46.
That's up 27.0% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Mozambique ranks #49 globally out of 193 reporting countries. Within Sub-Saharan Africa, it ranks #18 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
- 12.16
- Trough
- 1.09
- 1-year change
- +27.0%
- 5-year change
- +38.2%
- +6.7% / yr
- 10-year change
- +495.4%
- +19.5% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 6.4649 | |
| 5.0903 | |
| 9.1516 | |
| 4.5506 | |
| 3.1717 | |
| 4.6776 | |
| 3.7951 | |
| 7.9780 | |
| 12.1609 | |
| 7.0600 |
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 Mozambique's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Mozambique's Inflation, GDP deflator (annual %) was 6.46, according to World Bank Open Data.
- Is Mozambique's Inflation, GDP deflator (annual %) rising or falling?
- Mozambique's Inflation, GDP deflator (annual %) rose 27.0% from 2023 to 2024.
- How does Mozambique rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Mozambique ranked #49 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Mozambique's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Mozambique is below the world average. Within Sub-Saharan Africa, it ranks #18 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.