Peru: Inflation, GDP deflator (annual %)
In , Peru's Inflation, GDP deflator (annual %) was 5.16.
That's down 18.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Peru ranks #63 globally out of 193 reporting countries. Within Latin America & Caribbean, it ranks #12 of 38.
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
- 10.06
- Trough
- 1.06
- 1-year change
- -18.6%
- 5-year change
- +175.4%
- +22.5% / yr
- 10-year change
- +112.0%
- +7.8% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 5.1566 | |
| 6.3354 | |
| 4.5134 | |
| 10.0635 | |
| 3.7192 | |
| 1.8722 | |
| 2.2774 | |
| 3.6157 | |
| 3.0809 | |
| 2.6905 |
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 Peru's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Peru's Inflation, GDP deflator (annual %) was 5.16, according to World Bank Open Data.
- Is Peru's Inflation, GDP deflator (annual %) rising or falling?
- Peru's Inflation, GDP deflator (annual %) fell 18.6% from 2023 to 2024.
- How does Peru rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Peru ranked #63 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Peru's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Peru is below the world average. Within Latin America & Caribbean, it ranks #12 of 38.
- 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.