Pakistan: Inflation, GDP deflator (annual %)
In , Pakistan's Inflation, GDP deflator (annual %) was 22.03.
That's down 15.3% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Pakistan ranks #14 globally out of 193 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #3 of 19.
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
- 26.02
- Trough
- 0.92
- 1-year change
- -15.3%
- 5-year change
- +143.8%
- +19.5% / yr
- 10-year change
- +205.5%
- +11.8% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 22.0287 | |
| 26.0157 | |
| 13.9370 | |
| 10.2673 | |
| 9.9445 | |
| 9.0363 | |
| 3.8418 | |
| 4.0297 | |
| 0.9222 | |
| 4.4420 |
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 Pakistan's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Pakistan's Inflation, GDP deflator (annual %) was 22.03, according to World Bank Open Data.
- Is Pakistan's Inflation, GDP deflator (annual %) rising or falling?
- Pakistan's Inflation, GDP deflator (annual %) fell 15.3% from 2023 to 2024.
- How does Pakistan rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Pakistan ranked #14 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Pakistan's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Pakistan is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #3 of 19.
- 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.