Pacific island small states - Inflation
Inflation, consumer prices (annual %)
The value for Inflation, consumer prices (annual %) in Pacific island small states was 1.18 as of 2019. As the graph below shows, over the past 19 years this indicator reached a maximum value of 11.01 in 2008 and a minimum value of 0.65 in 2015.
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 |
|---|---|
| 2000 | 2.35 |
| 2001 | 4.06 |
| 2002 | 1.96 |
| 2003 | 3.02 |
| 2004 | 4.96 |
| 2005 | 3.95 |
| 2006 | 4.43 |
| 2007 | 4.37 |
| 2008 | 11.01 |
| 2009 | 5.31 |
| 2010 | 2.10 |
| 2011 | 4.88 |
| 2012 | 2.05 |
| 2013 | 1.61 |
| 2014 | 1.45 |
| 2015 | 0.65 |
| 2016 | 1.07 |
| 2017 | 1.58 |
| 2018 | 2.90 |
| 2019 | 1.18 |
Inflation, GDP deflator (annual %)
The value for Inflation, GDP deflator (annual %) in Pacific island small states was 1.84 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 8.72 in 1987 and a minimum value of 0.92 in 2013.
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 |
|---|---|
| 1982 | 7.98 |
| 1983 | 6.82 |
| 1984 | 6.74 |
| 1985 | 5.15 |
| 1986 | 3.05 |
| 1987 | 8.72 |
| 1988 | 8.20 |
| 1989 | 3.97 |
| 1990 | 5.83 |
| 1991 | 6.11 |
| 1992 | 6.31 |
| 1993 | 3.01 |
| 1994 | 2.62 |
| 1995 | 1.73 |
| 1996 | 2.87 |
| 1997 | 3.29 |
| 1998 | 3.41 |
| 1999 | 4.49 |
| 2000 | 2.18 |
| 2001 | 2.84 |
| 2002 | 3.29 |
| 2003 | 2.44 |
| 2004 | 2.26 |
| 2005 | 1.50 |
| 2006 | 3.87 |
| 2007 | 1.56 |
| 2008 | 7.16 |
| 2009 | 2.44 |
| 2010 | 2.64 |
| 2011 | 1.88 |
| 2012 | 4.19 |
| 2013 | 0.92 |
| 2014 | 2.82 |
| 2015 | 3.56 |
| 2016 | 2.63 |
| 2017 | 2.47 |
| 2018 | 3.21 |
| 2019 | 1.39 |
| 2020 | 1.84 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices
