Malawi—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #13 of 209
Latest Value
24.7%
2024
YoY Change
-14.9%
2023 → 2024
Global Rank
#13
of 209 countries
Maximum
112.7%
2002
Minimum
4.1%
2007
CAGR
-0.9%
25 years
Last
24.7%
Previous
29.0%
Highest
112.7%
Lowest
4.1%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 24.7% | -14.9% |
| 2023 | 29.0% | +69.1% |
| 2022 | 17.2% | +110.6% |
| 2021 | 8.2% | +31.1% |
| 2020 | 6.2% | -19.5% |
| 2019 | 7.7% | +25.6% |
| 2018 | 6.2% | -41.8% |
| 2017 | 10.6% | -47.9% |
| 2016 | 20.3% | +2.4% |
| 2015 | 19.8% | -5.5% |
| 2014 | 21.0% | -22.5% |
| 2013 | 27.0% | +53.3% |
| 2012 | 17.6% | +26.1% |
| 2011 | 14.0% | +15.4% |
| 2010 | 12.1% | +53.5% |
| 2009 | 7.9% | -34.0% |
| 2008 | 12.0% | +191.8% |
| 2007 | 4.1% | -79.5% |
| 2006 | 20.0% | +85.9% |
| 2005 | 10.7% | -27.7% |
| 2004 | 14.8% | +43.5% |
| 2003 | 10.3% | -90.8% |
| 2002 | 112.7% | +339.8% |
| 2001 | 25.6% | -16.1% |
| 2000 | 30.5% |
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 →