Lower middle income - Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Lower middle income was 3.43 as of 2020. As the graph below shows, over the past 58 years this indicator reached a maximum value of 18.79 in 1974 and a minimum value of 1.53 in 1963.

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
1962 2.09
1963 1.53
1964 2.91
1965 3.03
1966 3.32
1967 2.17
1968 2.78
1969 2.85
1970 3.84
1971 3.29
1972 5.27
1973 13.95
1974 18.79
1975 9.78
1976 10.64
1977 10.05
1978 9.17
1979 12.93
1980 13.91
1981 9.97
1982 8.10
1983 9.09
1984 9.10
1985 6.51
1986 5.54
1987 7.86
1988 7.92
1989 8.16
1990 9.05
1991 13.23
1992 9.18
1993 11.05
1994 13.03
1995 11.13
1996 8.84
1997 8.69
1998 7.47
1999 6.68
2000 6.33
2001 6.74
2002 4.41
2003 5.51
2004 6.95
2005 6.30
2006 8.48
2007 7.02
2008 10.40
2009 3.82
2010 8.84
2011 8.71
2012 7.11
2013 4.42
2014 4.27
2015 3.43
2016 2.52
2017 4.12
2018 3.40
2019 3.24
2020 3.43

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices