Kuwait - Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Kuwait was -14.07 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of 21.77 in 2005 and a minimum value of -25.96 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
1993 -7.39
1994 -5.87
1995 4.85
1996 15.51
1997 -4.72
1998 -17.16
1999 18.09
2000 20.52
2001 -7.72
2002 5.15
2003 4.92
2004 11.37
2005 21.77
2006 16.18
2007 4.31
2008 18.66
2009 -17.17
2010 11.10
2011 17.26
2012 7.46
2013 0.22
2014 -6.76
2015 -25.96
2016 -6.84
2017 16.23
2018 12.58
2019 -1.34
2020 -14.07

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices