Virgin Islands (U.S.): Inflation, GDP deflator (annual %)
In , Virgin Islands (U.S.)'s Inflation, GDP deflator (annual %) was 5.04.
That's up 79.7% from 2021, the highest value since .
The global average for this indicator in 2022 was 13.69 .
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2022
Trend (2005–2022)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 13.66
- Trough
- -12.36
- 1-year change
- +79.7%
- 5-year change
- +693.9%
- +51.3% / yr
- 10-year change
- -63.1%
- -9.5% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 5.0383 | |
| 2.8032 | |
| 4.3052 | |
| 2.0784 | |
| 1.4937 | |
| 0.6346 | |
| 2.0518 | |
| 3.1876 | |
| -2.9052 | |
| -2.4530 |
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 Virgin Islands (U.S.)'s Inflation, GDP deflator (annual %) in 2022?
- In 2022, Virgin Islands (U.S.)'s Inflation, GDP deflator (annual %) was 5.04, according to World Bank Open Data.
- Is Virgin Islands (U.S.)'s Inflation, GDP deflator (annual %) rising or falling?
- Virgin Islands (U.S.)'s Inflation, GDP deflator (annual %) rose 79.7% from 2021 to 2022.
- How does Virgin Islands (U.S.)'s Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2022 was 13.69, so Virgin Islands (U.S.) is below the world average.
- 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.