Uruguay: Inflation, GDP deflator (annual %)
In , Uruguay's Inflation, GDP deflator (annual %) was 4.28.
That's up 25.4% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Uruguay ranks #81 globally out of 193 reporting countries. Within Latin America & Caribbean, it ranks #17 of 38.
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
- 11.07
- Trough
- 0.68
- 1-year change
- +25.4%
- 5-year change
- -48.2%
- -12.3% / yr
- 10-year change
- -58.1%
- -8.3% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 4.2802 | |
| 3.4131 | |
| 5.1477 | |
| 11.0740 | |
| 10.7234 | |
| 8.2563 | |
| 7.5256 | |
| 5.6801 | |
| 8.1655 | |
| 9.8554 |
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 Uruguay's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Uruguay's Inflation, GDP deflator (annual %) was 4.28, according to World Bank Open Data.
- Is Uruguay's Inflation, GDP deflator (annual %) rising or falling?
- Uruguay's Inflation, GDP deflator (annual %) rose 25.4% from 2023 to 2024.
- How does Uruguay rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Uruguay ranked #81 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Uruguay's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Uruguay is below the world average. Within Latin America & Caribbean, it ranks #17 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.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.