United Kingdom—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #115 of 209
Latest Value
3.6%
2024
YoY Change
-42.9%
2023 → 2024
Global Rank
#115
of 209 countries
Maximum
6.3%
2023
Minimum
0.7%
2015
CAGR
+5.6%
25 years
Last
3.6%
Previous
6.3%
Highest
6.3%
Lowest
0.7%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 3.6% | -42.9% |
| 2023 | 6.3% | +11.7% |
| 2022 | 5.7% | +697.8% |
| 2021 | 0.7% | -85.3% |
| 2020 | 4.8% | +96.7% |
| 2019 | 2.5% | +25.4% |
| 2018 | 2.0% | +27.2% |
| 2017 | 1.5% | -11.1% |
| 2016 | 1.7% | +159.3% |
| 2015 | 0.7% | -58.1% |
| 2014 | 1.6% | -26.0% |
| 2013 | 2.2% | +39.4% |
| 2012 | 1.5% | -37.5% |
| 2011 | 2.5% | +86.4% |
| 2010 | 1.3% | -33.8% |
| 2009 | 2.0% | -39.3% |
| 2008 | 3.3% | +65.8% |
| 2007 | 2.0% | -35.2% |
| 2006 | 3.1% | +7.4% |
| 2005 | 2.9% | +4.9% |
| 2004 | 2.7% | +14.5% |
| 2003 | 2.4% | +14.2% |
| 2002 | 2.1% | +22.0% |
| 2001 | 1.7% | +75.5% |
| 2000 | 1.0% |
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 →