Kuwait—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #203 of 209
Latest Value
-0.7%
2024
YoY Change
+90.9%
2023 → 2024
Global Rank
#203
of 209 countries
Maximum
29.4%
2021
Minimum
-26.0%
2015
Last
-0.7%
Previous
-8.1%
Highest
29.4%
Lowest
-26.0%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | -0.7% | +90.9% |
| 2023 | -8.1% | -145.7% |
| 2022 | 17.6% | -40.1% |
| 2021 | 29.4% | +278.8% |
| 2020 | -16.5% | -14802.1% |
| 2019 | -0.1% | -101.0% |
| 2018 | 11.3% | -30.4% |
| 2017 | 16.2% | +337.4% |
| 2016 | -6.8% | +73.7% |
| 2015 | -26.0% | -284.1% |
| 2014 | -6.8% | -3130.2% |
| 2013 | 0.2% | -97.0% |
| 2012 | 7.5% | -56.5% |
| 2011 | 17.2% | +55.2% |
| 2010 | 11.1% | +164.7% |
| 2009 | -17.2% | -192.0% |
| 2008 | 18.7% | +333.3% |
| 2007 | 4.3% | -73.4% |
| 2006 | 16.2% | -25.7% |
| 2005 | 21.8% | +91.5% |
| 2004 | 11.4% | +131.1% |
| 2003 | 4.9% | -4.4% |
| 2002 | 5.1% | +166.7% |
| 2001 | -7.7% | -137.6% |
| 2000 | 20.5% |
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 →