Serbia—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #57 of 209
Latest Value
6.3%
2024
YoY Change
-54.4%
2023 → 2024
Global Rank
#57
of 209 countries
Maximum
84.2%
2001
Minimum
1.5%
2016
CAGR
-10.0%
25 years
Last
6.3%
Previous
13.9%
Highest
84.2%
Lowest
1.5%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 6.3% | -54.4% |
| 2023 | 13.9% | +33.2% |
| 2022 | 10.5% | +84.0% |
| 2021 | 5.7% | +114.5% |
| 2020 | 2.6% | +12.8% |
| 2019 | 2.3% | +17.4% |
| 2018 | 2.0% | -33.3% |
| 2017 | 3.0% | +94.2% |
| 2016 | 1.5% | -28.8% |
| 2015 | 2.2% | -25.4% |
| 2014 | 2.9% | -62.7% |
| 2013 | 7.8% | +29.1% |
| 2012 | 6.0% | -45.1% |
| 2011 | 11.0% | +122.3% |
| 2010 | 5.0% | -41.3% |
| 2009 | 8.4% | -11.2% |
| 2008 | 9.5% | +7.5% |
| 2007 | 8.8% | -36.2% |
| 2006 | 13.8% | -0.3% |
| 2005 | 13.9% | +70.8% |
| 2004 | 8.1% | -35.1% |
| 2003 | 12.5% | -34.4% |
| 2002 | 19.1% | -77.3% |
| 2001 | 84.2% | +6.2% |
| 2000 | 79.2% |
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 →