European Union - Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in European Union was 1.60 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 13.36 in 1975 and a minimum value of 0.87 in 2016.

Definition: 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 national accounts data, and OECD National Accounts data files.

See also:

Year Value
1971 7.11
1972 6.97
1973 9.47
1974 12.90
1975 13.36
1976 11.33
1977 8.89
1978 9.12
1979 8.12
1980 11.70
1981 10.69
1982 10.14
1983 7.39
1984 6.38
1985 5.19
1986 4.15
1987 3.05
1988 3.19
1989 4.97
1990 3.40
1991 3.76
1992 4.37
1993 4.67
1994 3.55
1995 4.56
1996 3.78
1997 3.89
1998 3.35
1999 2.54
2000 3.33
2001 3.66
2002 3.27
2003 2.19
2004 2.71
2005 2.54
2006 2.90
2007 2.97
2008 3.24
2009 1.68
2010 0.93
2011 1.62
2012 1.68
2013 1.28
2014 0.98
2015 1.04
2016 0.87
2017 1.46
2018 2.00
2019 2.20
2020 1.60

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices