Turkiye—GDP Deflator (%)
Turkiye's gdp deflator (%) was 59.3% in 2024, ranking #6 out of 209 countries. This represents a -13.2% change from 2023. Over the past 25 years, the highest recorded value was 95.5% (2022) and the lowest was 5.6% (2009). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 59.3% | -13.2% |
| 2023 | 68.3% | -28.5% |
| 2022 | 95.5% | +226.0% |
| 2021 | 29.3% | +98.9% |
| 2020 | 14.7% | +4.1% |
| 2019 | 14.2% | -15.4% |
| 2018 | 16.7% | +50.3% |
| 2017 | 11.1% | +37.0% |
| 2016 | 8.1% | +3.1% |
| 2015 | 7.9% | +3.2% |
| 2014 | 7.6% | +23.4% |
| 2013 | 6.2% | -15.2% |
| 2012 | 7.3% | -12.5% |
| 2011 | 8.3% | +20.7% |
| 2010 | 6.9% | +23.7% |
| 2009 | 5.6% | -53.5% |
| 2008 | 12.0% | +92.2% |
| 2007 | 6.2% | -33.0% |
| 2006 | 9.3% | +32.3% |
| 2005 | 7.1% | -43.0% |
| 2004 | 12.4% | -46.9% |
| 2003 | 23.3% | -38.0% |
| 2002 | 37.6% | -28.5% |
| 2001 | 52.6% | +6.5% |
| 2000 | 49.4% |
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).