Hong Kong SAR, China—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #109 of 209
Latest Value
3.8%
2024
YoY Change
+32.2%
2023 → 2024
Global Rank
#109
of 209 countries
Maximum
3.9%
2011
Minimum
-6.0%
2003
Last
3.8%
Previous
2.9%
Highest
3.9%
Lowest
-6.0%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 3.8% | +32.2% |
| 2023 | 2.9% | +71.3% |
| 2022 | 1.7% | +147.0% |
| 2021 | 0.7% | +7.1% |
| 2020 | 0.6% | -68.8% |
| 2019 | 2.0% | -44.1% |
| 2018 | 3.7% | +27.0% |
| 2017 | 2.9% | +75.8% |
| 2016 | 1.6% | -55.0% |
| 2015 | 3.6% | +27.8% |
| 2014 | 2.9% | +57.3% |
| 2013 | 1.8% | -48.9% |
| 2012 | 3.5% | -9.1% |
| 2011 | 3.9% | +1340.2% |
| 2010 | 0.3% | +172.1% |
| 2009 | -0.4% | -129.3% |
| 2008 | 1.3% | -59.2% |
| 2007 | 3.1% | +686.6% |
| 2006 | -0.5% | -256.4% |
| 2005 | -0.2% | +95.8% |
| 2004 | -3.6% | +40.2% |
| 2003 | -6.0% | -76.6% |
| 2002 | -3.4% | -91.8% |
| 2001 | -1.8% | +47.7% |
| 2000 | -3.4% |
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 →