Uganda: Inflation, GDP deflator (annual %)
In , Uganda's Inflation, GDP deflator (annual %) was 4.96.
That's down 26.5% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Uganda ranks #68 globally out of 193 reporting countries. Within Sub-Saharan Africa, it ranks #23 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
- 85.35
- Trough
- -1.74
- 1-year change
- -26.5%
- 5-year change
- +65.2%
- +10.6% / yr
- 10-year change
- -2.9%
- -0.3% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 4.9573 | |
| 6.7480 | |
| 4.9223 | |
| 2.5451 | |
| 2.7215 | |
| 3.0000 | |
| 4.4434 | |
| 4.6491 | |
| 4.7810 | |
| 5.1879 |
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 Uganda's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Uganda's Inflation, GDP deflator (annual %) was 4.96, according to World Bank Open Data.
- Is Uganda's Inflation, GDP deflator (annual %) rising or falling?
- Uganda's Inflation, GDP deflator (annual %) fell 26.5% from 2023 to 2024.
- How does Uganda rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Uganda ranked #68 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Uganda's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Uganda is below the world average. Within Sub-Saharan Africa, it ranks #23 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.