# Inflation, GDP deflator

Annual percentage change in the GDP implicit deflator, the ratio of GDP at current prices to GDP at constant prices in national currency. It measures price change across the whole economy. World Bank national accounts data, compiled from national statistical offices and central banks and from OECD national accounts files.

## Key facts

- Inflation, GDP deflator in the World was 3.3% in 2025, according to the World Bank.
- Inflation, GDP deflator in the United States was 2.8% in 2025, according to the World Bank.
- Zimbabwe had the highest inflation, GDP deflator of 199 countries in 2024, at 1,097.5%, and Afghanistan the lowest, at -8.3%. Source: the World Bank.
- Published for 212 places, with figures from 1961 to 2025.
- Figures last updated on 2026-10-18.

- Indicator id: `gdp_deflator_inflation`
- Unit: %
- Note: Covers investment goods and exports too, so it differs from consumer price inflation (inflation_annual_average). It turns negative when export prices fall, as in oil exporters in 2015 and 2020.
- Web page: https://invokely.ai/en/gdp-deflator-inflation
- API: https://invokely.ai/api/v1/indicators/gdp_deflator_inflation

## Latest figures

| Place | Period | % | Source |
|---|---|---:|---|
| World | 2025 | 3.3 | World Bank, World Development Indicators. Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG). https://data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG. Retrieved 2026-10-18. Licensed under CC BY 4.0. |
| United States | 2025 | 2.8 | World Bank, World Development Indicators. Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG). https://data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG. Retrieved 2026-10-18. Licensed under CC BY 4.0. |

## Rankings

- [Countries](https://invokely.ai/rankings/gdp-deflator-inflation/countries.md) (211 places)
- [EU countries](https://invokely.ai/rankings/gdp-deflator-inflation/eu-countries.md) (27 places)