Bermuda—GDP Deflator (%)
Bermuda's gdp deflator (%) was 1.6% in 2024, ranking #173 out of 209 countries. This represents a -59.4% change from 2023. Over the past 25 years, the highest recorded value was 19.6% (2006) and the lowest was -4.2% (2000). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 1.6% | -59.4% |
| 2023 | 3.8% | +165.9% |
| 2022 | 1.4% | +22.1% |
| 2021 | 1.2% | +380.0% |
| 2020 | -0.4% | -117.5% |
| 2019 | 2.4% | +50.1% |
| 2018 | 1.6% | +1798.9% |
| 2017 | -0.1% | -102.2% |
| 2016 | 4.4% | +48.1% |
| 2015 | 3.0% | -2.0% |
| 2014 | 3.0% | +81.7% |
| 2013 | 1.7% | -75.3% |
| 2012 | 6.7% | +681.8% |
| 2011 | -1.2% | -151.5% |
| 2010 | 2.2% | +114.3% |
| 2009 | 1.0% | -79.6% |
| 2008 | 5.1% | -22.3% |
| 2007 | 6.6% | -66.4% |
| 2006 | 19.6% | +189.5% |
| 2005 | 6.8% | +44.1% |
| 2004 | 4.7% | +66.1% |
| 2003 | 2.8% | -67.1% |
| 2002 | 8.6% | +726.7% |
| 2001 | -1.4% | +67.7% |
| 2000 | -4.2% |
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).