Armenia—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #176 of 209
Latest Value
1.4%
2024
YoY Change
-54.8%
2023 → 2024
Global Rank
#176
of 209 countries
Maximum
8.0%
2022
Minimum
-1.4%
2000
Last
1.4%
Previous
3.1%
Highest
8.0%
Lowest
-1.4%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 1.4% | -54.8% |
| 2023 | 3.1% | -61.2% |
| 2022 | 8.0% | +15.7% |
| 2021 | 6.9% | +282.0% |
| 2020 | 1.8% | +69.5% |
| 2019 | 1.1% | -61.8% |
| 2018 | 2.8% | +29.6% |
| 2017 | 2.2% | +700.8% |
| 2016 | 0.3% | -77.9% |
| 2015 | 1.2% | -47.4% |
| 2014 | 2.3% | -31.4% |
| 2013 | 3.4% | -37.0% |
| 2012 | 5.3% | +24.9% |
| 2011 | 4.3% | -44.9% |
| 2010 | 7.8% | +211.1% |
| 2009 | 2.5% | -58.3% |
| 2008 | 6.0% | +40.0% |
| 2007 | 4.3% | -7.4% |
| 2006 | 4.6% | +43.9% |
| 2005 | 3.2% | -48.9% |
| 2004 | 6.3% | +36.5% |
| 2003 | 4.6% | +95.1% |
| 2002 | 2.4% | -41.5% |
| 2001 | 4.0% | +393.2% |
| 2000 | -1.4% |
Top Countries — GDP Deflator (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Zimbabwe | 1097.2% | 2024 |
| 2 | Sudan | 243.9% | 2024 |
| 3 | Argentina | 207.6% | 2024 |
| 4 | Lebanon | 202.9% | 2023 |
| 5 | Syrian Arab Republic | 112.1% | 2022 |
| 6 | Turkiye | 59.3% | 2024 |
| 7 | Venezuela, RB | 54.7% | 2024 |
| 8 | Egypt, Arab Rep. | 33.7% | 2024 |
| 9 | Cuba | 32.2% | 2024 |
| 10 | Iran, Islamic Rep. | 28.4% | 2024 |
About This Indicator
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.
Methodology
Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).
Source: World Bank - World Development IndicatorsView original source →