St. Vincent and the Grenadines: Inflation, GDP deflator (annual %)
In , St. Vincent and the Grenadines's Inflation, GDP deflator (annual %) was 3.71.
That's up 27.4% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . St. Vincent and the Grenadines ranks #100 globally out of 193 reporting countries. Within Latin America & Caribbean, it ranks #21 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
- 7.95
- Trough
- -1.14
- 1-year change
- +27.4%
- 5-year change
- +63.3%
- +10.3% / yr
- 10-year change
- +1,186.2%
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 3.7120 | |
| 2.9140 | |
| 7.9520 | |
| 0.6811 | |
| -0.8085 | |
| 2.2736 | |
| 1.5485 | |
| 2.0717 | |
| -0.5971 | |
| -0.7338 |
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. Vincent and the Grenadines's Inflation, GDP deflator (annual %) in 2024?
- In 2024, St. Vincent and the Grenadines's Inflation, GDP deflator (annual %) was 3.71, according to World Bank Open Data.
- Is St. Vincent and the Grenadines's Inflation, GDP deflator (annual %) rising or falling?
- St. Vincent and the Grenadines's Inflation, GDP deflator (annual %) rose 27.4% from 2023 to 2024.
- How does St. Vincent and the Grenadines rank globally on Inflation, GDP deflator (annual %)?
- In 2024, St. Vincent and the Grenadines ranked #100 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does St. Vincent and the Grenadines'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. Vincent and the Grenadines is below the world average. Within Latin America & Caribbean, it ranks #21 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.