Cyprus—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #128 of 209
Latest Value
3.1%
2024
YoY Change
-44.3%
2023 → 2024
Global Rank
#128
of 209 countries
Maximum
6.6%
2022
Minimum
-1.3%
2014
CAGR
+0.5%
25 years
Last
3.1%
Previous
5.6%
Highest
6.6%
Lowest
-1.3%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 3.1% | -44.3% |
| 2023 | 5.6% | -15.4% |
| 2022 | 6.6% | +118.2% |
| 2021 | 3.0% | +351.2% |
| 2020 | -1.2% | -189.5% |
| 2019 | 1.4% | +31.6% |
| 2018 | 1.0% | +0.5% |
| 2017 | 1.0% | +277.5% |
| 2016 | -0.6% | +23.8% |
| 2015 | -0.8% | +43.6% |
| 2014 | -1.3% | -42.7% |
| 2013 | -0.9% | -155.9% |
| 2012 | 1.7% | +3.9% |
| 2011 | 1.6% | -14.1% |
| 2010 | 1.9% | +615.6% |
| 2009 | 0.3% | -94.4% |
| 2008 | 4.7% | +14.4% |
| 2007 | 4.1% | +34.1% |
| 2006 | 3.1% | +52.8% |
| 2005 | 2.0% | -25.5% |
| 2004 | 2.7% | -49.7% |
| 2003 | 5.4% | +1717.8% |
| 2002 | 0.3% | -91.9% |
| 2001 | 3.7% | +33.4% |
| 2000 | 2.7% |
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 →