Cayman Islands—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #145 of 209
Latest Value
2.7%
2023
YoY Change
-29.3%
2022 → 2023
Global Rank
#145
of 209 countries
Maximum
3.9%
2022
Minimum
-0.5%
2011
CAGR
-0.7%
17 years
Last
2.7%
Previous
3.9%
Highest
3.9%
Lowest
-0.5%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 2.7% | -29.3% |
| 2022 | 3.9% | +77.3% |
| 2021 | 2.2% | +1473.6% |
| 2020 | 0.1% | -95.9% |
| 2019 | 3.4% | +27.5% |
| 2018 | 2.7% | +34.0% |
| 2017 | 2.0% | +98.7% |
| 2016 | 1.0% | +192.5% |
| 2015 | 0.3% | -61.4% |
| 2014 | 0.9% | -35.7% |
| 2013 | 1.4% | +9.3% |
| 2012 | 1.3% | +373.9% |
| 2011 | -0.5% | -123.1% |
| 2010 | -0.2% | -133.8% |
| 2009 | 0.6% | -80.0% |
| 2008 | 3.0% | -0.8% |
| 2007 | 3.1% |
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 →