World - Inflation
Inflation, consumer prices (annual %)
The value for Inflation, consumer prices (annual %) in World was 3.42 as of 2021. As the graph below shows, over the past 40 years this indicator reached a maximum value of 12.47 in 1981 and a minimum value of 1.43 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 |
---|---|
1981 | 12.47 |
1982 | 10.24 |
1983 | 8.77 |
1984 | 8.12 |
1985 | 6.86 |
1986 | 5.82 |
1987 | 5.76 |
1988 | 7.15 |
1989 | 7.00 |
1990 | 8.13 |
1991 | 9.00 |
1992 | 7.71 |
1993 | 7.51 |
1994 | 10.32 |
1995 | 9.15 |
1996 | 6.55 |
1997 | 5.57 |
1998 | 5.11 |
1999 | 3.08 |
2000 | 3.49 |
2001 | 3.84 |
2002 | 2.83 |
2003 | 3.03 |
2004 | 3.38 |
2005 | 4.11 |
2006 | 4.28 |
2007 | 4.82 |
2008 | 8.95 |
2009 | 2.94 |
2010 | 3.35 |
2011 | 4.82 |
2012 | 3.73 |
2013 | 2.62 |
2014 | 2.35 |
2015 | 1.43 |
2016 | 1.55 |
2017 | 2.19 |
2018 | 2.44 |
2019 | 2.21 |
2020 | 1.91 |
2021 | 3.42 |
Inflation, GDP deflator (annual %)
The value for Inflation, GDP deflator (annual %) in World was 1.79 as of 2020. As the graph below shows, over the past 51 years this indicator reached a maximum value of 16.38 in 1974 and a minimum value of 1.72 in 2016.
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 |
---|---|
1969 | 4.15 |
1971 | 5.36 |
1972 | 6.36 |
1973 | 11.85 |
1974 | 16.38 |
1975 | 11.72 |
1976 | 9.93 |
1977 | 9.75 |
1978 | 8.80 |
1979 | 11.80 |
1980 | 13.35 |
1981 | 10.44 |
1982 | 8.30 |
1983 | 7.61 |
1984 | 8.01 |
1985 | 5.59 |
1986 | 5.09 |
1987 | 6.49 |
1988 | 6.35 |
1989 | 6.99 |
1990 | 7.79 |
1991 | 8.12 |
1992 | 6.64 |
1993 | 7.02 |
1994 | 9.80 |
1995 | 8.32 |
1996 | 6.58 |
1997 | 4.92 |
1998 | 4.82 |
1999 | 4.21 |
2000 | 4.68 |
2001 | 3.86 |
2002 | 3.49 |
2003 | 3.93 |
2004 | 5.58 |
2005 | 5.84 |
2006 | 5.66 |
2007 | 5.79 |
2008 | 7.90 |
2009 | 2.26 |
2010 | 4.37 |
2011 | 5.65 |
2012 | 3.62 |
2013 | 2.28 |
2014 | 2.00 |
2015 | 2.22 |
2016 | 1.72 |
2017 | 2.96 |
2018 | 2.70 |
2019 | 2.38 |
2020 | 1.79 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices