Data / Inflation, GDP deflator / Ukraine

Inflation, GDP deflator in Ukraine

Inflation, GDP deflator in Ukraine was 14.5% in 2025, according to the World Bank. That is up 2.5 pts from 2024.

202514.5%
Change on 2024+2.5 pts
Series high3,333.61993
Series low1.71988

Next release: Friday, 8 October 2027, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

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Inflation, GDP deflator in Ukraine, 1988 to 2025

01,0002,0003,0004,00019881994200020062012201820251988: 1.7 %1989: 3.8 %1990: 16.2 %1991: 96.1 %1992: 1,768.2 %1993: 3,333.6 %1994: 953 %1995: 415.8 %1996: 66.1 %1997: 18.1 %1998: 12 %1999: 27.4 %2000: 27.5 %2001: 10.2 %2002: 5.3 %2003: 8.2 %2004: 15.3 %2005: 24.1 %2006: 14.9 %2007: 22.8 %2008: 29 %2009: 12.6 %2010: 13.7 %2011: 14.2 %2012: 8 %2013: 4.3 %2014: 15.9 %2015: 38.9 %2016: 17.1 %2017: 22.1 %2018: 15.4 %2019: 8.2 %2020: 10.3 %2021: 24.8 %2022: 34.9 %2023: 19.9 %2024: 12 %2025: 14.5 %01,0002,0003,0004,00019882001201420251988: 1.7 %1989: 3.8 %1990: 16.2 %1991: 96.1 %1992: 1,768.2 %1993: 3,333.6 %1994: 953 %1995: 415.8 %1996: 66.1 %1997: 18.1 %1998: 12 %1999: 27.4 %2000: 27.5 %2001: 10.2 %2002: 5.3 %2003: 8.2 %2004: 15.3 %2005: 24.1 %2006: 14.9 %2007: 22.8 %2008: 29 %2009: 12.6 %2010: 13.7 %2011: 14.2 %2012: 8 %2013: 4.3 %2014: 15.9 %2015: 38.9 %2016: 17.1 %2017: 22.1 %2018: 15.4 %2019: 8.2 %2020: 10.3 %2021: 24.8 %2022: 34.9 %2023: 19.9 %2024: 12 %2025: 14.5 %
%. Source: World Bank, Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG). Retrieved 2026-10-18, published 2026-10-08.
All 38 values
Period%
202514.5
202412
202319.9
202234.9
202124.8
202010.3
20198.2
201815.4
201722.1
201617.1
201538.9
201415.9
20134.3
20128
201114.2
201013.7
200912.6
200829
200722.8
200614.9
200524.1
200415.3
20038.2
20025.3
200110.2
200027.5
199927.4
199812
199718.1
199666.1
1995415.8
1994953
19933,333.6
19921,768.2
199196.1
199016.2
19893.8
19881.7

Ukraine compared with nearby places

Antigua and Barbuda: 3 %Albania: 1.4 %Armenia: 3.6 %Angola: 20.5 %Argentina: 39.1 %Austria: 3.2 %Australia: 2.3 %Azerbaijan: 0.6 %Bosnia and Herzegovina: 3 %Bangladesh: 6.5 %Belgium: 2.6 %Burkina Faso: 8.8 %Bulgaria: 7.4 %Burundi: 18.2 %Benin: 1.6 %Brunei: -4.7 %Bolivia: 19.9 %Brazil: 5.7 %Bhutan: 3.2 %Botswana: 3.6 %Belarus: 10.9 %Belize: 1.1 %Canada: 2.6 %Democratic Republic of the Congo: 7.8 %Central African Republic: 2.3 %Republic of the Congo: -3.4 %Switzerland: 0.3 %Côte d’Ivoire: 3.2 %Chile: 6.8 %Cameroon: 2.8 %China: -0.9 %Colombia: 5.4 %Costa Rica: -0.5 %Cape Verde: 1.7 %Cyprus: 1.1 %Czechia: 3.5 %Germany: 3 %Djibouti: 4.6 %Denmark: 1.7 %Dominican Republic: 4.5 %Algeria: 0.8 %Ecuador: 1.5 %Estonia: 3.8 %Egypt: 25 %Spain: 2.9 %Ethiopia: 16.7 %Finland: 1.5 %Fiji: 2 %France: 1.2 %Gabon: -4 %United Kingdom: 3.7 %Georgia: 4.6 %Ghana: 14.4 %Gambia: 7.9 %Guinea: 6.2 %Equatorial Guinea: -1.4 %Greece: 2.8 %Guatemala: 3.4 %Guinea-Bissau: 4.3 %Guyana: -7.9 %Hong Kong: 1 %Honduras: 8 %Croatia: 4.7 %Haiti: 34.4 %Hungary: 6.3 %Indonesia: 2.4 %Ireland: 1 %Israel: 2.1 %India: 1 %Iraq: -7 %Iran: 28.8 %Iceland: 6.9 %Italy: 2 %Jamaica: 4.8 %Jordan: 2.2 %Japan: 3.4 %Kenya: 3.5 %Kyrgyzstan: 12.4 %Cambodia: 3.5 %Kiribati: 0 %South Korea: 3.1 %Kuwait: -5 %Kazakhstan: 9.6 %Laos: 7.5 %Sri Lanka: 3.7 %Liberia: 4.5 %Lesotho: 3 %Lithuania: 3.6 %Luxembourg: 3.2 %Latvia: 3.6 %Libya: -3.9 %Morocco: 2.1 %Moldova: 6.6 %Montenegro: 4 %Madagascar: 8.4 %North Macedonia: 4.6 %Mali: 2.1 %Myanmar: 12.5 %Mongolia: 4.4 %Mauritania: 3.4 %Mauritius: 3.9 %Malawi: 30.4 %Mexico: 4.6 %Malaysia: -0.4 %Mozambique: -1 %Namibia: 6.1 %Niger: -1.6 %Nigeria: 13.9 %Nicaragua: 7.6 %Netherlands: 3.3 %Norway: 1.4 %Nepal: 3.1 %New Zealand: 3.6 %Oman: -0.1 %Panama: 0.2 %Peru: 5.4 %Papua New Guinea: 6.9 %Philippines: 1.4 %Pakistan: 4.3 %Poland: 2.9 %Puerto Rico: 2.3 %Palestine: 2.7 %Portugal: 3.9 %Palau: 1 %Paraguay: 3.1 %Qatar: -3.2 %Romania: 8.2 %Serbia: 4.5 %Russia: 4.9 %Rwanda: 7.4 %Saudi Arabia: -2.6 %Solomon Islands: 5 %Sudan: 65.9 %Sweden: 1.2 %Singapore: -1.8 %Slovenia: 3.5 %Slovakia: 4.2 %Sierra Leone: 2.7 %Senegal: 3.5 %Somalia: 12.9 %Suriname: 13 %El Salvador: 1.3 %Eswatini: -0.4 %Chad: -2 %Togo: 0.8 %Thailand: -0.9 %Tajikistan: 4.8 %Timor-Leste: -4.7 %Turkmenistan: 6 %Tunisia: 5.2 %Türkiye: 36.4 %Trinidad and Tobago: 2 %Tanzania: 5.1 %Ukraine: 14.5 %Uganda: 5.2 %United States: 2.8 %Uruguay: 4.3 %Uzbekistan: 11.9 %Venezuela: 227.1 %Vietnam: 3.3 %Vanuatu: 2.2 %Samoa: 6.2 %South Africa: 2.8 %Zambia: 5.6 %Zimbabwe: 83.1 %
  • Under -4
  • -4 to -1
  • -1 to 0
  • 0 to 3
  • 3 to 5
  • 5 and over
  • No data
Inflation, GDP deflator, 2025, %. Ukraine is outlined. Same source and period for every area shown. Source: World Bank. Boundaries: Natural Earth (public domain).

Rankings

Definition

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.

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.

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How to cite

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.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG) (Inflation, GDP deflator, Ukraine, 1988 to 2025) [Data set]. Retrieved October 18, 2026, from https://data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG

MLA 9

Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG), Inflation, GDP deflator, Ukraine, 1988 to 2025. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG. Invokely, https://invokely.ai/en/gdp-deflator-inflation/ukraine. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG). Inflation, GDP deflator, Ukraine, 1988 to 2025. Dataset. Accessed October 18, 2026. https://data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG. Also distributed by Invokely, https://invokely.ai/en/gdp-deflator-inflation/ukraine.

Harvard

World Bank (2026) Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG), Inflation, GDP deflator, Ukraine, 1988 to 2025 [Dataset]. Available at: https://data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG, via Invokely: https://invokely.ai/en/gdp-deflator-inflation/ukraine (Accessed: 18 October 2026).

BibTeX
@misc{world_inflation_gdp_deflator_ukraine_2025,
  author = {{World Bank}},
  title = {{Inflation, GDP deflator (annual \%) (NY.GDP.DEFL.KD.ZG): Inflation, GDP deflator, Ukraine, 1988 to 2025}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/en/gdp-deflator-inflation/ukraine. Publisher attribution: 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.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG): Inflation, GDP deflator, Ukraine, 1988 to 2025
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG
L2  - https://invokely.ai/en/gdp-deflator-inflation/ukraine
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/gdp-deflator-inflation/ukraine.
N1  - Publisher attribution: 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.
ER  -
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Questions

What is the inflation, GDP deflator in Ukraine?

Inflation, GDP deflator in Ukraine was 14.5% in 2025, according to the World Bank. That is up 2.5 pts from 2024.

Where does this figure come from?

World Bank. Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG). Retrieved by Invokely on 2026-10-18.

What was the highest inflation, GDP deflator in Ukraine?

3,333.6% in 1993, the highest value since 1988 in this series.

Inflation, GDP deflator in other countries

Related statistics for Ukraine

All statistics for Ukraine | Ukraine in figures