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San Marino: Inflation, GDP deflator (annual %)

In , San Marino's Inflation, GDP deflator (annual %) was 7.36.

That's up 166.1% from 2022, the highest value on record.

The global average for this indicator in 2023 was 13.69 .

Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2023

Trend (2005–2023)

San Marino Inflation, GDP deflator (annual %) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
7.36
Trough
-1.97
1-year change
+166.1%
5-year change
+256.3%
+28.9% / yr
10-year change
+267.7%
+13.9% / yr

Historical Data — Last 10 Years

Year Inflation, GDP deflator (annual %)
7.3554
2.7647
1.8414
0.3446
0.9141
2.0643
1.7434
1.3167
-0.7427
0.3886

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.ZGCategory: Economy

Frequently asked questions

What was San Marino's Inflation, GDP deflator (annual %) in 2023?
In 2023, San Marino's Inflation, GDP deflator (annual %) was 7.36, according to World Bank Open Data.
Is San Marino's Inflation, GDP deflator (annual %) rising or falling?
San Marino's Inflation, GDP deflator (annual %) rose 166.1% from 2022 to 2023.
How does San Marino's Inflation, GDP deflator (annual %) compare to the world average?
The global average for Inflation, GDP deflator (annual %) in 2023 was 13.69, so San Marino is below the world average.
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.
Download this data: CSV JSON

Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.