Marshall Islands—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #48 of 209
Latest Value
7.3%
2024
YoY Change
-0.2%
2023 → 2024
Global Rank
#48
of 209 countries
Maximum
7.5%
2011
Minimum
-4.2%
2019
Last
7.3%
Previous
7.3%
Highest
7.5%
Lowest
-4.2%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 7.3% | -0.2% |
| 2023 | 7.3% | +2845.4% |
| 2022 | -0.3% | -104.6% |
| 2021 | 5.8% | -15.1% |
| 2020 | 6.8% | +263.3% |
| 2019 | -4.2% | -72.6% |
| 2018 | -2.4% | -206.6% |
| 2017 | 2.3% | -68.5% |
| 2016 | 7.2% | +333.9% |
| 2015 | -3.1% | -389.6% |
| 2014 | 1.1% | +267.8% |
| 2013 | -0.6% | -110.1% |
| 2012 | 6.2% | -16.6% |
| 2011 | 7.5% | +684.1% |
| 2010 | 1.0% | +287.8% |
| 2009 | -0.5% | -109.5% |
| 2008 | 5.4% | +296.0% |
| 2007 | 1.4% | -62.1% |
| 2006 | 3.6% | +78.4% |
| 2005 | 2.0% | +13.8% |
| 2004 | 1.8% | +86.7% |
| 2003 | 0.9% | -76.5% |
| 2002 | 4.0% | +1364.2% |
| 2001 | -0.3% | +71.5% |
| 2000 | -1.1% |
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 →