Namibia—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #124 of 209
Latest Value
3.3%
2024
YoY Change
-50.7%
2023 → 2024
Global Rank
#124
of 209 countries
Maximum
11.3%
2000
Minimum
0.9%
2019
CAGR
-5.1%
25 years
Last
3.3%
Previous
6.6%
Highest
11.3%
Lowest
0.9%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 3.3% | -50.7% |
| 2023 | 6.6% | +2.8% |
| 2022 | 6.4% | +318.2% |
| 2021 | 1.5% | -66.9% |
| 2020 | 4.6% | +400.0% |
| 2019 | 0.9% | -79.1% |
| 2018 | 4.4% | -55.4% |
| 2017 | 9.9% | +24.5% |
| 2016 | 8.0% | +106.2% |
| 2015 | 3.9% | -53.1% |
| 2014 | 8.2% | +103.8% |
| 2013 | 4.0% | -64.1% |
| 2012 | 11.3% | +195.2% |
| 2011 | 3.8% | +2.4% |
| 2010 | 3.7% | -46.4% |
| 2009 | 6.9% | -36.6% |
| 2008 | 11.0% | +18.0% |
| 2007 | 9.3% | -1.3% |
| 2006 | 9.4% | +68.0% |
| 2005 | 5.6% | +174.4% |
| 2004 | 2.0% | +60.5% |
| 2003 | 1.3% | -87.3% |
| 2002 | 10.0% | -10.7% |
| 2001 | 11.2% | -0.7% |
| 2000 | 11.3% |
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 →