Luxembourg - Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Luxembourg was 4.27 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 16.98 in 1974 and a minimum value of -3.66 in 1961.

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
1961 -3.66
1962 3.89
1963 3.15
1964 5.83
1965 2.80
1966 3.93
1967 0.43
1968 5.02
1969 5.29
1970 6.26
1971 -0.81
1972 5.79
1973 12.20
1974 16.98
1975 -0.86
1976 12.22
1977 1.17
1978 5.13
1979 6.35
1980 7.92
1981 7.18
1982 10.81
1983 6.82
1984 4.41
1985 3.09
1986 -0.08
1987 0.06
1988 2.78
1989 4.02
1990 2.51
1991 1.82
1992 3.73
1993 5.97
1994 3.54
1995 2.33
1996 3.78
1997 2.62
1998 -2.03
1999 4.76
2000 4.61
2001 0.79
2002 1.46
2003 2.19
2004 3.12
2005 4.82
2006 6.45
2007 1.89
2008 6.61
2009 0.87
2010 4.65
2011 3.45
2012 3.27
2013 2.28
2014 2.80
2015 2.22
2016 -1.11
2017 2.14
2018 1.73
2019 0.58
2020 4.27

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices