Paraguay—GDP Deflator (%)
Paraguay's gdp deflator (%) was 2.6% in 2024, ranking #148 out of 209 countries. This represents a +18.9% change from 2023. Over the past 25 years, the highest recorded value was 17.9% (2002) and the lowest was 1.6% (2015). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 2.6% | +18.9% |
| 2023 | 2.2% | -73.0% |
| 2022 | 8.1% | -4.7% |
| 2021 | 8.4% | +283.3% |
| 2020 | 2.2% | -28.0% |
| 2019 | 3.1% | +56.2% |
| 2018 | 2.0% | -9.2% |
| 2017 | 2.2% | -47.8% |
| 2016 | 4.1% | +157.8% |
| 2015 | 1.6% | -43.9% |
| 2014 | 2.9% | -34.1% |
| 2013 | 4.3% | -9.6% |
| 2012 | 4.8% | -5.8% |
| 2011 | 5.1% | +9.5% |
| 2010 | 4.7% | +27.6% |
| 2009 | 3.6% | -70.2% |
| 2008 | 12.2% | -3.3% |
| 2007 | 12.6% | +42.7% |
| 2006 | 8.9% | -31.6% |
| 2005 | 13.0% | +9.4% |
| 2004 | 11.8% | -21.9% |
| 2003 | 15.1% | -15.6% |
| 2002 | 17.9% | +28.8% |
| 2001 | 13.9% | -5.0% |
| 2000 | 14.7% |
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).