United Arab Emirates: Inflation, GDP deflator (annual %)
In , United Arab Emirates's Inflation, GDP deflator (annual %) was 1.63.
That's up 180.5% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . United Arab Emirates ranks #154 globally out of 193 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #13 of 19.
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
- 19.46
- Trough
- -16.06
- 1-year change
- +180.5%
- 5-year change
- +159.3%
- 10-year change
- +289.7%
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 1.6267 | |
| -2.0205 | |
| 12.5979 | |
| 13.1269 | |
| -9.8539 | |
| -2.7423 | |
| 7.5677 | |
| 6.8048 | |
| -5.4184 | |
| -16.0598 |
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 United Arab Emirates's Inflation, GDP deflator (annual %) in 2024?
- In 2024, United Arab Emirates's Inflation, GDP deflator (annual %) was 1.63, according to World Bank Open Data.
- Is United Arab Emirates's Inflation, GDP deflator (annual %) rising or falling?
- United Arab Emirates's Inflation, GDP deflator (annual %) rose 180.5% from 2023 to 2024.
- How does United Arab Emirates rank globally on Inflation, GDP deflator (annual %)?
- In 2024, United Arab Emirates ranked #154 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does United Arab Emirates's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so United Arab Emirates is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #13 of 19.
- 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.