Papua New Guinea - Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Papua New Guinea was 5.49 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 60.51 in 2006 and a minimum value of -4.88 in 2009.

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 0.04
1962 0.29
1963 1.53
1964 1.90
1965 2.23
1966 7.36
1967 8.56
1968 5.25
1969 4.94
1970 5.65
1971 3.41
1972 7.13
1973 19.74
1974 8.92
1975 2.27
1976 19.72
1977 7.44
1978 -2.03
1979 16.10
1980 7.09
1981 -1.30
1982 3.68
1983 18.66
1984 7.44
1985 1.62
1986 1.36
1987 7.97
1988 7.92
1989 -2.54
1990 4.14
1991 6.99
1992 2.88
1993 -2.50
1994 7.25
1995 15.85
1996 1.81
1997 8.43
1998 14.54
1999 11.07
2000 13.10
2001 6.91
2002 12.29
2003 5.54
2004 -1.99
2005 12.18
2006 60.51
2007 2.80
2008 11.67
2009 -4.88
2010 9.92
2011 8.83
2012 -0.57
2013 3.59
2014 5.44
2015 -1.23
2016 2.52
2017 7.70
2018 9.80
2019 1.06
2020 5.49

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices