New Zealand—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #156 of 209
Latest Value
2.1%
2024
YoY Change
-48.7%
2023 → 2024
Global Rank
#156
of 209 countries
Maximum
5.9%
2022
Minimum
-0.2%
2012
CAGR
-1.3%
25 years
Last
2.1%
Previous
4.1%
Highest
5.9%
Lowest
-0.2%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 2.1% | -48.7% |
| 2023 | 4.1% | -29.6% |
| 2022 | 5.9% | +29.1% |
| 2021 | 4.6% | +138.0% |
| 2020 | 1.9% | -38.9% |
| 2019 | 3.1% | +78.4% |
| 2018 | 1.8% | -51.3% |
| 2017 | 3.6% | +49.3% |
| 2016 | 2.4% | +65.3% |
| 2015 | 1.5% | +227.1% |
| 2014 | 0.4% | -89.3% |
| 2013 | 4.2% | +2438.1% |
| 2012 | -0.2% | -107.2% |
| 2011 | 2.5% | -21.7% |
| 2010 | 3.2% | +19.9% |
| 2009 | 2.6% | -3.9% |
| 2008 | 2.7% | -48.4% |
| 2007 | 5.3% | +96.0% |
| 2006 | 2.7% | +35.4% |
| 2005 | 2.0% | -27.5% |
| 2004 | 2.8% | +33.3% |
| 2003 | 2.1% | +593.5% |
| 2002 | 0.3% | -92.3% |
| 2001 | 3.9% | +33.8% |
| 2000 | 2.9% |
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 →