Sri Lanka: Inflation, GDP deflator (annual %)
In , Sri Lanka's Inflation, GDP deflator (annual %) was 3.84.
That's down 77.0% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Sri Lanka ranks #95 globally out of 193 reporting countries. Within South Asia, it ranks #2 of 5.
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
- 47.46
- Trough
- 1.92
- 1-year change
- -77.0%
- 5-year change
- -0.8%
- -0.2% / yr
- 10-year change
- +99.9%
- +7.2% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 3.8390 | |
| 16.6675 | |
| 47.4639 | |
| 8.0211 | |
| 3.1043 | |
| 3.8705 | |
| 4.2953 | |
| 5.4728 | |
| 5.4432 | |
| 3.0144 |
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 Sri Lanka's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Sri Lanka's Inflation, GDP deflator (annual %) was 3.84, according to World Bank Open Data.
- Is Sri Lanka's Inflation, GDP deflator (annual %) rising or falling?
- Sri Lanka's Inflation, GDP deflator (annual %) fell 77.0% from 2023 to 2024.
- How does Sri Lanka rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Sri Lanka ranked #95 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Sri Lanka's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Sri Lanka is below the world average. Within South Asia, it ranks #2 of 5.
- 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.