Economy
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.
World Bank code: NY.GDP.DEFL.KD.ZG
• Data available for 213 countries • Latest year: 2024
In 2024 ,
Zimbabwe
led Inflation, GDP deflator (annual %) at 1,097.25 .
The world median across 193 reporting countries was
3.82 .
What this measures:
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.
How "Economy" indicators are measured
Economic indicators measure the size, structure, and dynamics of a country's economy. The World Bank collects data from national statistical offices, central banks, and the IMF, then normalizes it for cross-country comparison. Watch out for nominal versus real (inflation-adjusted) values: nominal figures in current US dollars are sensitive to exchange rate swings, while constant dollar series isolate real growth. Most macro indicators have a 1–2 year reporting lag.
Distribution — 2024
Reporting
193 countries
Median
3.82
Mean
13.69
25th percentile
2.02
75th percentile
6.46
Range
-2.84 – 1,097.25
World at a Glance — 2024
Every reporting country, grouped by region, shaded by value (quintile).
East Asia & Pacific Australia: 2.59 AU Brunei Darussalam: -2.84 BN Cambodia: 2.35 KH China: -0.71 CN Fiji: 6.11 FJ French Polynesia: 1.85 PF Hong Kong SAR, China: 3.82 HK Indonesia: 0.89 ID Japan: 2.89 JP Kiribati: 2.02 KI Korea, Rep.: 4.07 KR Lao PDR: 14.05 LA Macao SAR, China: 0.20 MO Malaysia: 0.79 MY Marshall Islands: 7.30 MH Micronesia, Fed. Sts.: 6.02 FM Mongolia: 8.93 MN Myanmar: 12.04 MM Nauru: 8.71 NR New Caledonia: 1.13 NC New Zealand: 2.13 NZ Papua New Guinea: 6.70 PG Philippines: 2.91 PH Samoa: 8.43 WS Singapore: 3.24 SG Solomon Islands: 3.07 SB Thailand: 0.93 TH Timor-Leste: -1.32 TL Vanuatu: -0.70 VU Viet Nam: 4.16 VN Europe & Central Asia Albania: 2.35 AL Andorra: 3.14 AD Armenia: 1.40 AM Austria: 4.09 AT Azerbaijan: -1.41 AZ Belarus: 8.77 BY Belgium: 1.88 BE Bosnia and Herzegovina: 4.13 BA Bulgaria: 7.20 BG Croatia: 4.49 HR Cyprus: 3.12 CY Czechia: 3.91 CZ Denmark: 1.46 DK Estonia: 3.99 EE Faroe Islands: 2.00 FO Finland: 0.72 FI France: 2.09 FR Georgia: 4.86 GE Germany: 3.11 DE Greece: 3.21 GR Hungary: 7.57 HU Iceland: 6.02 IS Ireland: 4.54 IE Italy: 1.95 IT Kazakhstan: 8.99 KZ Kosovo: 2.25 XK Kyrgyz Republic: 4.74 KG Latvia: 2.06 LV Lithuania: 3.39 LT Luxembourg: 4.58 LU Moldova: 6.57 MD Monaco: 2.39 MC Montenegro: 4.83 ME Netherlands: 5.74 NL North Macedonia: 3.67 MK Norway: -0.23 NO Poland: 3.83 PL Portugal: 4.81 PT Romania: 9.58 RO Russian Federation: 9.28 RU Serbia: 6.35 RS Slovak Republic: 3.39 SK Slovenia: 3.47 SI Spain: 2.89 ES Sweden: 3.01 SE Switzerland: 1.29 CH Tajikistan: 6.58 TJ Turkiye: 59.28 TR Turkmenistan: 6.56 TM Ukraine: 12.28 UA United Kingdom: 3.62 GB Uzbekistan: 13.39 UZ Latin America & Caribbean Antigua and Barbuda: 6.18 AG Argentina: 207.61 AR Aruba: 4.14 AW Bahamas, The: 0.29 BS Barbados: 1.29 BB Belize: 1.40 BZ Bolivia: 6.05 BO Brazil: 4.08 BR Chile: 7.71 CL Colombia: 6.00 CO Costa Rica: 0.05 CR Cuba: 32.22 CU Curacao: 3.33 CW Dominica: 2.38 DM Dominican Republic: 4.27 DO Ecuador: 5.01 EC El Salvador: 1.81 SV Grenada: -1.26 GD Guatemala: 3.66 GT Guyana: 1.36 GY Haiti: 24.42 HT Honduras: 5.10 HN Jamaica: 4.86 JM Mexico: 4.91 MX Nicaragua: 7.31 NI Panama: 0.47 PA Paraguay: 2.59 PY Peru: 5.16 PE Puerto Rico (US): 3.10 PR Sint Maarten (Dutch part): 3.50 SX St. Kitts and Nevis: 5.99 KN St. Lucia: 0.96 LC St. Vincent and the Grenadines: 3.71 VC Suriname: 12.81 SR Trinidad and Tobago: -0.13 TT Turks and Caicos Islands: 0.83 TC Uruguay: 4.28 UY Venezuela, RB: 54.72 VE Middle East, North Africa, Afghanistan & Pakistan Algeria: 3.37 DZ Bahrain: -0.60 BH Djibouti: -0.44 DJ Egypt, Arab Rep.: 33.69 EG Iran, Islamic Rep.: 28.37 IR Iraq: 4.37 IQ Israel: 5.52 IL Jordan: 1.90 JO Kuwait: -0.73 KW Libya: 8.51 LY Malta: 3.30 MT Morocco: 3.97 MA Oman: -0.71 OM Pakistan: 22.03 PK Qatar: -1.47 QA Saudi Arabia: -0.25 SA Tunisia: 5.00 TN United Arab Emirates: 1.63 AE West Bank and Gaza: 4.60 PS North America Bermuda: 1.56 BM Canada: 3.12 CA United States: 2.48 US South Asia Bangladesh: 6.88 BD India: 3.08 IN Maldives: 3.07 MV Nepal: 2.61 NP Sri Lanka: 3.84 LK Sub-Saharan Africa Angola: 24.60 AO Benin: 1.57 BJ Botswana: 2.78 BW Burkina Faso: 9.67 BF Burundi: 19.30 BI Cabo Verde: 1.59 CV Cameroon: 5.43 CM Central African Republic: 6.04 CF Chad: 2.10 TD Comoros: 4.99 KM Congo, Dem. Rep.: 10.57 CD Congo, Rep.: -0.01 CG Cote d'Ivoire: 1.68 CI Equatorial Guinea: 2.50 GQ Eswatini: 1.36 SZ Ethiopia: 25.54 ET Gabon: 4.20 GA Gambia, The: 5.80 GM Ghana: 24.70 GH Guinea: 6.81 GN Guinea-Bissau: 0.08 GW Kenya: 3.05 KE Lesotho: 3.60 LS Liberia: 4.66 LR Madagascar: 7.63 MG Malawi: 24.69 MW Mali: 2.81 ML Mauritania: 3.86 MR Mauritius: 3.73 MU Mozambique: 6.46 MZ Namibia: 3.25 NA Niger: 7.87 NE Nigeria: 14.09 NG Rwanda: 3.76 RW Sao Tome and Principe: 17.70 ST Senegal: 0.73 SN Seychelles: -0.74 SC Sierra Leone: 10.45 SL Somalia, Fed. Rep.: 8.33 SO South Africa: 3.92 ZA Sudan: 243.91 SD Tanzania: 3.06 TZ Togo: 1.81 TG Uganda: 4.96 UG Zambia: 14.41 ZM Zimbabwe: 1,097.25 ZW Lighter = lower value · Darker = higher value. Hover a cell to see the country and value.
Highest Values — 2024
#
Country
Inflation, GDP deflator (annual %)
1
Zimbabwe
Sub-Saharan Africa
1,097.25
2
Sudan
Sub-Saharan Africa
243.91
3
Argentina
Latin America & Caribbean
207.61
4
Turkiye
Europe & Central Asia
59.28
5
Venezuela, RB
Latin America & Caribbean
54.72
6
Egypt, Arab Rep.
Middle East, North Africa, Afghanistan & Pakistan
33.69
7
Cuba
Latin America & Caribbean
32.22
8
Iran, Islamic Rep.
Middle East, North Africa, Afghanistan & Pakistan
28.37
9
Ethiopia
Sub-Saharan Africa
25.54
10
Ghana
Sub-Saharan Africa
24.70
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Biggest Movers — Year over Year
By Income Group — Average
Income group
Countries
Mean
High income
72
2.93
Upper middle income
52
10.23
Lower middle income
48
29.96
Low income
19
20.05
Not classified
2
40.13
By Region — Average
Region
Countries
Mean
East Asia & Pacific
30
3.73
Europe & Central Asia
52
5.45
Latin America & Caribbean
38
11.64
Middle East, North Africa, Afghanistan & Pakistan
19
6.42
North America
3
2.39
South Asia
5
3.90
Sub-Saharan Africa
46
36.01
Indicator Details
WB Code NY.GDP.DEFL.KD.ZG Category EconomyCountries with data 213Latest year 2024
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Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG ), CC BY 4.0. Rankings show countries with available data for 2024.