Ukraine: Inflation, GDP deflator (annual %)
In , Ukraine's Inflation, GDP deflator (annual %) was 12.28.
That's down 38.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Ukraine ranks #22 globally out of 193 reporting countries. Within Europe & Central Asia, it ranks #3 of 52.
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
- 38.88
- Trough
- 4.31
- 1-year change
- -38.2%
- 5-year change
- +48.9%
- +8.3% / yr
- 10-year change
- -22.8%
- -2.6% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 12.2791 | |
| 19.8745 | |
| 34.9153 | |
| 24.8048 | |
| 10.2950 | |
| 8.2462 | |
| 15.3985 | |
| 22.0983 | |
| 17.0971 | |
| 38.8817 |
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 Ukraine's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Ukraine's Inflation, GDP deflator (annual %) was 12.28, according to World Bank Open Data.
- Is Ukraine's Inflation, GDP deflator (annual %) rising or falling?
- Ukraine's Inflation, GDP deflator (annual %) fell 38.2% from 2023 to 2024.
- How does Ukraine rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Ukraine ranked #22 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Ukraine's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Ukraine is below the world average. Within Europe & Central Asia, it ranks #3 of 52.
- 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.