Tuvalu—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #64 of 209
Latest Value
6.0%
2023
YoY Change
+8.2%
2022 → 2023
Global Rank
#64
of 209 countries
Maximum
14.5%
2000
Minimum
-0.8%
2007
CAGR
-3.7%
24 years
Last
6.0%
Previous
5.5%
Highest
14.5%
Lowest
-0.8%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 6.0% | +8.2% |
| 2022 | 5.5% | +18.4% |
| 2021 | 4.7% | +425.9% |
| 2020 | 0.9% | -86.2% |
| 2019 | 6.4% | -11.7% |
| 2018 | 7.3% | +145.6% |
| 2017 | 3.0% | -63.6% |
| 2016 | 8.2% | +154.9% |
| 2015 | 3.2% | -57.3% |
| 2014 | 7.5% | +755.0% |
| 2013 | 0.9% | -59.6% |
| 2012 | 2.2% | +32.4% |
| 2011 | 1.6% | +388.9% |
| 2010 | -0.6% | -154.0% |
| 2009 | 1.1% | -78.0% |
| 2008 | 4.8% | +673.5% |
| 2007 | -0.8% | -120.2% |
| 2006 | 4.1% | +176.1% |
| 2005 | 1.5% | -73.9% |
| 2004 | 5.7% | +389.0% |
| 2003 | 1.2% | -75.7% |
| 2002 | 4.8% | +25.6% |
| 2001 | 3.8% | -73.4% |
| 2000 | 14.5% |
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 →