Nauru: Inflation, GDP deflator (annual %)
In , Nauru's Inflation, GDP deflator (annual %) was 8.71.
That's up 36.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Nauru ranks #32 globally out of 193 reporting countries. Within East Asia & Pacific, it ranks #4 of 30.
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
- 51.26
- Trough
- -13.14
- 1-year change
- +36.2%
- 5-year change
- +289.3%
- 10-year change
- +551.2%
- +20.6% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 8.7123 | |
| 6.3988 | |
| -13.1379 | |
| 17.2546 | |
| 4.6379 | |
| -4.6033 | |
| 17.5479 | |
| 15.5452 | |
| 26.1594 | |
| -8.6777 |
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 Nauru's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Nauru's Inflation, GDP deflator (annual %) was 8.71, according to World Bank Open Data.
- Is Nauru's Inflation, GDP deflator (annual %) rising or falling?
- Nauru's Inflation, GDP deflator (annual %) rose 36.2% from 2023 to 2024.
- How does Nauru rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Nauru ranked #32 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Nauru's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Nauru is below the world average. Within East Asia & Pacific, it ranks #4 of 30.
- 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.