St. Kitts and Nevis: Inflation, GDP deflator (annual %)
In , St. Kitts and Nevis's Inflation, GDP deflator (annual %) was 5.99.
That's up 35.9% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . St. Kitts and Nevis ranks #58 globally out of 193 reporting countries. Within Latin America & Caribbean, it ranks #11 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
- 14.17
- Trough
- -5.80
- 1-year change
- +35.9%
- 5-year change
- +20,576.3%
- 10-year change
- +398.8%
- +17.4% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 5.9909 | |
| 4.4082 | |
| 3.4598 | |
| -3.2180 | |
| -5.7986 | |
| -0.0293 | |
| -0.1490 | |
| 4.7505 | |
| 1.2013 | |
| -0.1562 |
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 St. Kitts and Nevis's Inflation, GDP deflator (annual %) in 2024?
- In 2024, St. Kitts and Nevis's Inflation, GDP deflator (annual %) was 5.99, according to World Bank Open Data.
- Is St. Kitts and Nevis's Inflation, GDP deflator (annual %) rising or falling?
- St. Kitts and Nevis's Inflation, GDP deflator (annual %) rose 35.9% from 2023 to 2024.
- How does St. Kitts and Nevis rank globally on Inflation, GDP deflator (annual %)?
- In 2024, St. Kitts and Nevis ranked #58 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does St. Kitts and Nevis's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so St. Kitts and Nevis is below the world average. Within Latin America & Caribbean, it ranks #11 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.