Albania—GDP Deflator (%)
Albania's gdp deflator (%) was 2.4% in 2024, ranking #154 out of 209 countries. This represents a -59.0% change from 2023. Over the past 25 years, the highest recorded value was 9.9% (2022) and the lowest was -0.9% (2016). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 2.4% | -59.0% |
| 2023 | 5.7% | -41.9% |
| 2022 | 9.9% | +186.3% |
| 2021 | 3.4% | +8287.3% |
| 2020 | 0.0% | -95.9% |
| 2019 | 1.0% | -31.1% |
| 2018 | 1.5% | -46.7% |
| 2017 | 2.7% | +415.3% |
| 2016 | -0.9% | -212.0% |
| 2015 | 0.8% | -46.5% |
| 2014 | 1.4% | +309.4% |
| 2013 | 0.4% | +55.5% |
| 2012 | 0.2% | -86.6% |
| 2011 | 1.7% | -58.9% |
| 2010 | 4.1% | +60.6% |
| 2009 | 2.6% | -26.5% |
| 2008 | 3.5% | -32.1% |
| 2007 | 5.1% | +91.8% |
| 2006 | 2.7% | -14.6% |
| 2005 | 3.1% | +1.6% |
| 2004 | 3.1% | -37.3% |
| 2003 | 4.9% | +26.5% |
| 2002 | 3.9% | +3.7% |
| 2001 | 3.8% | -36.4% |
| 2000 | 5.9% |
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).