Togo: Inflation, GDP deflator (annual %)
In , Togo's Inflation, GDP deflator (annual %) was 1.81.
That's down 54.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Togo ranks #151 globally out of 193 reporting countries. Within Sub-Saharan Africa, it ranks #38 of 46.
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
- 9.07
- Trough
- -0.88
- 1-year change
- -54.2%
- 5-year change
- +14,331.0%
- +170.3% / yr
- 10-year change
- +278.2%
- +14.2% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 1.8150 | |
| 3.9629 | |
| 7.1215 | |
| 4.5645 | |
| 2.9432 | |
| 0.0126 | |
| 0.4529 | |
| -0.8847 | |
| 1.4578 | |
| 2.2027 |
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 Togo's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Togo's Inflation, GDP deflator (annual %) was 1.81, according to World Bank Open Data.
- Is Togo's Inflation, GDP deflator (annual %) rising or falling?
- Togo's Inflation, GDP deflator (annual %) fell 54.2% from 2023 to 2024.
- How does Togo rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Togo ranked #151 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Togo's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Togo is below the world average. Within Sub-Saharan Africa, it ranks #38 of 46.
- 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.