Greenland—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #165 of 209
Latest Value
1.9%
2023
YoY Change
-66.8%
2022 → 2023
Global Rank
#165
of 209 countries
Maximum
8.1%
2015
Minimum
-3.2%
2005
CAGR
-0.5%
24 years
Last
1.9%
Previous
5.6%
Highest
8.1%
Lowest
-3.2%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 1.9% | -66.8% |
| 2022 | 5.6% | +602.3% |
| 2021 | 0.8% | -7.1% |
| 2020 | 0.9% | +15.4% |
| 2019 | 0.7% | -59.7% |
| 2018 | 1.8% | -43.5% |
| 2017 | 3.3% | -7.7% |
| 2016 | 3.5% | -56.6% |
| 2015 | 8.1% | +722.4% |
| 2014 | 1.0% | -7.2% |
| 2013 | 1.1% | -69.0% |
| 2012 | 3.4% | +19.5% |
| 2011 | 2.9% | +42.2% |
| 2010 | 2.0% | -63.4% |
| 2009 | 5.5% | +375.1% |
| 2008 | -2.0% | -4137.3% |
| 2007 | -0.0% | -102.1% |
| 2006 | 2.2% | +169.3% |
| 2005 | -3.2% | -499.7% |
| 2004 | -0.5% | -108.2% |
| 2003 | 6.5% | +110.5% |
| 2002 | 3.1% | -8.8% |
| 2001 | 3.4% | +61.2% |
| 2000 | 2.1% |
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 →