Luxembourg—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #88 of 209
Latest Value
4.6%
2024
YoY Change
-33.8%
2023 → 2024
Global Rank
#88
of 209 countries
Maximum
6.9%
2023
Minimum
-1.1%
2016
CAGR
-0.0%
25 years
Last
4.6%
Previous
6.9%
Highest
6.9%
Lowest
-1.1%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 4.6% | -33.8% |
| 2023 | 6.9% | +11.1% |
| 2022 | 6.2% | +5.4% |
| 2021 | 5.9% | +52.5% |
| 2020 | 3.9% | +322.2% |
| 2019 | 0.9% | -50.2% |
| 2018 | 1.8% | -14.2% |
| 2017 | 2.1% | +293.5% |
| 2016 | -1.1% | -149.9% |
| 2015 | 2.2% | -20.7% |
| 2014 | 2.8% | +22.9% |
| 2013 | 2.3% | -30.3% |
| 2012 | 3.3% | -5.3% |
| 2011 | 3.4% | -25.8% |
| 2010 | 4.6% | +433.9% |
| 2009 | 0.9% | -86.8% |
| 2008 | 6.6% | +249.3% |
| 2007 | 1.9% | -70.7% |
| 2006 | 6.5% | +34.0% |
| 2005 | 4.8% | +54.5% |
| 2004 | 3.1% | +42.6% |
| 2003 | 2.2% | +49.3% |
| 2002 | 1.5% | +85.4% |
| 2001 | 0.8% | -82.9% |
| 2000 | 4.6% |
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 →