West Bank and Gaza—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #87 of 209
Latest Value
4.6%
2024
YoY Change
+289.4%
2023 → 2024
Global Rank
#87
of 209 countries
Maximum
17.0%
2008
Minimum
-4.9%
2004
CAGR
-3.4%
25 years
Last
4.6%
Previous
-2.4%
Highest
17.0%
Lowest
-4.9%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 4.6% | +289.4% |
| 2023 | -2.4% | -244.4% |
| 2022 | 1.7% | -81.2% |
| 2021 | 9.0% | +303.2% |
| 2020 | 2.2% | -42.3% |
| 2019 | 3.8% | +1374.7% |
| 2018 | -0.3% | -109.4% |
| 2017 | 3.2% | +152.4% |
| 2016 | 1.3% | +134.5% |
| 2015 | -3.7% | -200.9% |
| 2014 | 3.7% | -36.0% |
| 2013 | 5.7% | +100.1% |
| 2012 | 2.9% | -47.1% |
| 2011 | 5.4% | -58.9% |
| 2010 | 13.2% | +612.3% |
| 2009 | 1.9% | -89.1% |
| 2008 | 17.0% | +256.6% |
| 2007 | 4.8% | -11.5% |
| 2006 | 5.4% | +9492.9% |
| 2005 | 0.1% | +101.2% |
| 2004 | -4.9% | -128.4% |
| 2003 | -2.1% | -242.9% |
| 2002 | 1.5% | -36.6% |
| 2001 | 2.3% | -77.5% |
| 2000 | 10.4% |
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 →