Colombia—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #65 of 209
Latest Value
6.0%
2024
YoY Change
-13.7%
2023 → 2024
Global Rank
#65
of 209 countries
Maximum
33.7%
2000
Minimum
1.5%
2020
CAGR
-6.9%
25 years
Last
6.0%
Previous
7.0%
Highest
33.7%
Lowest
1.5%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 6.0% | -13.7% |
| 2023 | 7.0% | -53.4% |
| 2022 | 14.9% | +91.3% |
| 2021 | 7.8% | +426.6% |
| 2020 | 1.5% | -63.0% |
| 2019 | 4.0% | -13.6% |
| 2018 | 4.6% | -9.8% |
| 2017 | 5.1% | -0.3% |
| 2016 | 5.1% | +110.2% |
| 2015 | 2.4% | +9.6% |
| 2014 | 2.2% | +17.2% |
| 2013 | 1.9% | -47.3% |
| 2012 | 3.6% | -43.4% |
| 2011 | 6.4% | +67.9% |
| 2010 | 3.8% | -6.4% |
| 2009 | 4.1% | -47.1% |
| 2008 | 7.7% | +47.6% |
| 2007 | 5.2% | -10.4% |
| 2006 | 5.8% | +22.2% |
| 2005 | 4.8% | -34.7% |
| 2004 | 7.3% | +6.6% |
| 2003 | 6.8% | +14.4% |
| 2002 | 6.0% | -8.4% |
| 2001 | 6.5% | -80.6% |
| 2000 | 33.7% |
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 →