Turkmenistan—GDP Deflator (%)
Turkmenistan's gdp deflator (%) was 6.6% in 2024, ranking #55 out of 209 countries. This represents a +299.7% change from 2023. Over the past 25 years, the highest recorded value was 59.7% (2008) and the lowest was -5.2% (2015). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 6.6% | +299.7% |
| 2023 | -3.3% | -129.7% |
| 2022 | 11.0% | +298.4% |
| 2021 | 2.8% | +163.7% |
| 2020 | -4.3% | -199.2% |
| 2019 | 4.4% | +261.9% |
| 2018 | 1.2% | +178.5% |
| 2017 | -1.5% | +68.3% |
| 2016 | -4.9% | +5.6% |
| 2015 | -5.2% | -870.1% |
| 2014 | 0.7% | -41.9% |
| 2013 | 1.2% | -86.1% |
| 2012 | 8.3% | -35.7% |
| 2011 | 12.9% | +457.5% |
| 2010 | 2.3% | -76.4% |
| 2009 | 9.8% | -83.7% |
| 2008 | 59.7% | +544.5% |
| 2007 | 9.3% | -24.3% |
| 2006 | 12.2% | +74.3% |
| 2005 | 7.0% | -61.7% |
| 2004 | 18.3% | -32.4% |
| 2003 | 27.2% | +8.0% |
| 2002 | 25.2% | -22.2% |
| 2001 | 32.3% | +37.7% |
| 2000 | 23.5% |
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).