Singapore—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #125 of 209
Latest Value
3.2%
2024
YoY Change
+164.6%
2023 → 2024
Global Rank
#125
of 209 countries
Maximum
14.9%
2022
Minimum
-5.0%
2023
CAGR
-0.7%
25 years
Last
3.2%
Previous
-5.0%
Highest
14.9%
Lowest
-5.0%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 3.2% | +164.6% |
| 2023 | -5.0% | -133.6% |
| 2022 | 14.9% | +36.5% |
| 2021 | 10.9% | +556.7% |
| 2020 | -2.4% | -463.2% |
| 2019 | -0.4% | -111.8% |
| 2018 | 3.6% | +26.0% |
| 2017 | 2.9% | +448.5% |
| 2016 | 0.5% | -83.0% |
| 2015 | 3.1% | +1249.4% |
| 2014 | -0.3% | +38.0% |
| 2013 | -0.4% | -187.0% |
| 2012 | 0.5% | -57.7% |
| 2011 | 1.2% | +5.7% |
| 2010 | 1.1% | -62.5% |
| 2009 | 3.0% | +313.8% |
| 2008 | -1.4% | -123.3% |
| 2007 | 5.9% | +220.8% |
| 2006 | 1.8% | -3.0% |
| 2005 | 1.9% | -52.0% |
| 2004 | 4.0% | +320.1% |
| 2003 | -1.8% | -100.6% |
| 2002 | -0.9% | +50.6% |
| 2001 | -1.8% | -147.0% |
| 2000 | 3.9% |
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 →