Virgin Islands - Inflation

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Virgin Islands was 2.05 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 13.66 in 2012 and a minimum value of -12.36 in 2008.

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
2003 5.97
2004 6.77
2005 12.69
2006 -2.16
2007 2.58
2008 -12.36
2009 5.98
2010 2.32
2011 6.39
2012 13.66
2013 -2.45
2014 -2.91
2015 3.19
2016 2.05
2017 0.63
2018 1.19
2019 2.05

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Virgin Islands was 2.05 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between 13.66 in 2012 and -12.36 in 2008.

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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
2003 5.97
2004 6.77
2005 12.69
2006 -2.16
2007 2.58
2008 -12.36
2009 5.98
2010 2.32
2011 6.39
2012 13.66
2013 -2.45
2014 -2.91
2015 3.19
2016 2.05
2017 0.63
2018 1.19
2019 2.05

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices