South Asia - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in South Asia was 5.55 as of 2021. As the graph below shows, over the past 56 years this indicator reached a maximum value of 23.23 in 1974 and a minimum value of -0.89 in 1976.

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
1965 7.02
1966 9.01
1967 4.50
1968 2.21
1969 3.62
1970 5.61
1971 2.87
1972 6.40
1973 14.19
1974 23.23
1975 7.11
1976 -0.89
1977 9.10
1978 6.74
1979 7.27
1980 13.31
1981 11.88
1982 9.90
1983 12.38
1984 7.03
1985 5.56
1986 9.23
1987 8.80
1988 8.98
1989 7.84
1990 8.97
1991 12.28
1992 11.79
1993 9.97
1994 8.35
1995 9.50
1996 8.98
1997 7.16
1998 9.36
1999 4.69
2000 4.01
2001 3.15
2002 3.33
2003 3.81
2004 3.77
2005 6.94
2006 6.77
2007 7.20
2008 10.97
2009 4.98
2010 7.58
2011 10.25
2012 9.39
2013 7.46
2014 6.82
2015 4.16
2016 4.17
2017 4.52
2018 3.33
2019 3.63
2020 5.69
2021 5.55

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in South Asia was 4.35 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 24.38 in 1974 and a minimum value of 0.16 in 1962.

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 3.17
1962 0.16
1963 3.57
1964 1.60
1965 7.93
1966 6.30
1967 7.94
1968 2.42
1969 3.34
1970 3.71
1971 3.17
1972 8.97
1973 15.30
1974 24.38
1975 21.10
1976 5.98
1977 5.64
1978 9.37
1979 12.56
1980 11.51
1981 9.99
1982 9.36
1983 8.52
1984 8.79
1985 6.85
1986 6.99
1987 8.54
1988 9.87
1989 8.51
1990 8.60
1991 11.58
1992 9.18
1993 9.35
1994 9.88
1995 8.67
1996 8.11
1997 7.28
1998 7.53
1999 4.16
2000 4.47
2001 5.36
2002 3.89
2003 3.56
2004 6.53
2005 6.98
2006 7.36
2007 7.44
2008 8.53
2009 6.90
2010 8.84
2011 10.68
2012 7.84
2013 6.33
2014 5.15
2015 3.83
2016 3.81
2017 4.56
2018 3.44
2019 4.01
2020 4.35

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices