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Suriname: Inflation, GDP deflator (annual %)

In , Suriname's Inflation, GDP deflator (annual %) was 12.81.

That's down 61.3% from 2023, the highest value since .

The global average for this indicator in 2024 was 13.69 . Suriname ranks #21 globally out of 193 reporting countries. Within Latin America & Caribbean, it ranks #5 of 38.

Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024

Trend (2005–2024)

Suriname 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
62.07
Trough
0.38
1-year change
-61.3%
5-year change
+147.4%
+19.9% / yr
10-year change
+708.9%
+23.3% / yr

Historical Data — Last 10 Years

Year Inflation, GDP deflator (annual %)
12.8104
33.1000
49.4233
62.0745
45.2178
5.1789
5.6606
28.1451
24.0694
4.8546

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 Suriname's Inflation, GDP deflator (annual %) in 2024?
In 2024, Suriname's Inflation, GDP deflator (annual %) was 12.81, according to World Bank Open Data.
Is Suriname's Inflation, GDP deflator (annual %) rising or falling?
Suriname's Inflation, GDP deflator (annual %) fell 61.3% from 2023 to 2024.
How does Suriname rank globally on Inflation, GDP deflator (annual %)?
In 2024, Suriname ranked #21 out of 193 countries reporting Inflation, GDP deflator (annual %).
How does Suriname's Inflation, GDP deflator (annual %) compare to the world average?
The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Suriname is below the world average. Within Latin America & Caribbean, it ranks #5 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.
Download this data: CSV JSON

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