IBRD only - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in IBRD only was 4.27 as of 2021. As the graph below shows, over the past 50 years this indicator reached a maximum value of 22.71 in 1994 and a minimum value of 2.35 in 2016.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1971 3.64
1972 5.89
1973 12.87
1974 19.36
1975 12.88
1976 10.32
1977 11.82
1978 10.36
1979 12.89
1980 17.74
1981 14.40
1982 10.82
1983 11.83
1984 12.48
1985 11.52
1986 12.10
1987 10.75
1988 12.78
1989 12.67
1990 16.65
1991 19.51
1992 13.64
1993 14.33
1994 22.71
1995 14.58
1996 10.08
1997 7.16
1998 7.70
1999 5.20
2000 4.89
2001 5.62
2002 5.03
2003 4.53
2004 4.77
2005 4.90
2006 5.64
2007 6.16
2008 10.04
2009 3.73
2010 4.33
2011 5.79
2012 4.50
2013 4.01
2014 3.59
2015 3.40
2016 2.35
2017 3.33
2018 3.20
2019 2.60
2020 2.52
2021 4.27

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in IBRD only was 2.24 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 24.27 in 1991 and a minimum value of 2.13 in 2015.

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
1966 2.86
1967 2.98
1968 2.29
1969 3.33
1970 4.35
1971 5.43
1972 6.85
1973 14.76
1974 23.74
1975 10.19
1976 10.99
1977 12.36
1978 9.29
1979 15.65
1980 19.40
1981 10.15
1982 7.80
1983 8.49
1984 9.93
1985 7.81
1986 6.79
1987 9.40
1988 10.12
1989 10.92
1990 15.90
1991 24.27
1992 15.46
1993 16.29
1994 16.31
1995 11.43
1996 10.25
1997 8.20
1998 7.71
1999 5.95
2000 8.18
2001 5.38
2002 5.01
2003 6.01
2004 7.96
2005 6.81
2006 8.42
2007 7.03
2008 10.39
2009 3.62
2010 6.95
2011 6.57
2012 4.83
2013 3.23
2014 2.84
2015 2.13
2016 2.64
2017 4.23
2018 3.82
2019 2.44
2020 2.24

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices