Data / Rankings / Inflation, GDP deflator / Countries

Countries by inflation, GDP deflator

Venezuela had the highest inflation, GDP deflator of 207 countries in 2017, at 1,049.9%. Turks and Caicos Islands had the lowest, at -42.9%. The median was 3% and the figure for the World was 3%. Source: the World Bank.

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Highest1,049.9Venezuela
Lowest-42.9Turks and Caicos Islands
Median3207 countries
World3History

Map of countries, 2017

United Arab Emirates: 6.8 %Afghanistan: 2.4 %Antigua and Barbuda: 0.3 %Albania: 2.7 %Armenia: 2.2 %Angola: 23.7 %Argentina: 26 %Austria: 1 %Australia: 3.6 %Azerbaijan: 16.2 %Bosnia and Herzegovina: 1.8 %Bangladesh: 5 %Belgium: 2 %Burkina Faso: 1.4 %Bulgaria: 4.8 %Burundi: 13.3 %Benin: -0.4 %Brunei: 5 %Bolivia: 29.9 %Brazil: 3.7 %Bahamas: 1.3 %Bhutan: 4.3 %Botswana: -2.6 %Belarus: 8.6 %Belize: 3.1 %Canada: 2.6 %Democratic Republic of the Congo: 35.2 %Central African Republic: 6.4 %Republic of the Congo: 12.4 %Switzerland: -0.3 %Côte d’Ivoire: -1 %Chile: 4.8 %Cameroon: 1 %China: 4.1 %Colombia: 5.1 %Costa Rica: 2.9 %Cuba: 4.1 %Cape Verde: 1.3 %Cyprus: 1 %Czechia: 1.7 %Germany: 1.5 %Djibouti: 0.6 %Denmark: 1.1 %Dominican Republic: 3.9 %Algeria: 4.9 %Ecuador: 0.9 %Estonia: 3.7 %Egypt: 29.5 %Spain: 1.3 %Ethiopia: 6.7 %Finland: 0.8 %Fiji: 1.7 %Faroe Islands: 0.4 %France: 0.6 %Gabon: 3.8 %United Kingdom: 1.5 %Georgia: 7.5 %Ghana: 10.7 %Greenland: 3.3 %Gambia: 3.9 %Guinea: 10.4 %Equatorial Guinea: 12.7 %Greece: 0.2 %Guatemala: 1.7 %Guinea-Bissau: 10.5 %Guyana: 2.1 %Hong Kong: 2.9 %Honduras: 4.5 %Croatia: 1.2 %Haiti: 13.8 %Hungary: 4 %Indonesia: 4.3 %Ireland: 1.5 %Israel: -0 %Isle of Man: 4 %India: 4 %Iraq: 14.7 %Iran: 12.8 %Iceland: 1.6 %Italy: 0.7 %Jamaica: 5.9 %Jordan: 1.7 %Japan: 0 %Kenya: 7.6 %Kyrgyzstan: 6.3 %Cambodia: 2.1 %Kiribati: 1 %South Korea: 2 %Kuwait: 16.2 %Cayman Islands: 2 %Kazakhstan: 11.2 %Laos: 1.9 %Lebanon: 2.7 %Sri Lanka: 5.5 %Liberia: -2.6 %Lesotho: 2 %Lithuania: 4.1 %Luxembourg: 2.1 %Latvia: 2.7 %Libya: 1.8 %Morocco: -0.1 %Moldova: 6.3 %Montenegro: 4.7 %Madagascar: 5 %North Macedonia: 2.8 %Mali: 1.7 %Myanmar: 5.9 %Mongolia: 10.8 %Mauritania: 1.6 %Mauritius: 1.7 %Malawi: 10.6 %Mexico: 6.6 %Malaysia: 3.8 %Mozambique: 8 %Namibia: 9.9 %Niger: 2 %Nigeria: 11.1 %Nicaragua: 4.1 %Netherlands: 1.4 %Norway: 4 %Nepal: 8.3 %New Zealand: 3.7 %Oman: 7.3 %Panama: 1.8 %Peru: 3.6 %French Polynesia: -0.3 %Papua New Guinea: 7.7 %Philippines: 2.3 %Pakistan: 4 %Poland: 1.8 %Puerto Rico: 2.1 %Palestine: 3.2 %Portugal: 1.5 %Palau: -1 %Paraguay: 2.2 %Qatar: 7.8 %Romania: 4.7 %Serbia: 3 %Russia: 5.3 %Rwanda: 7.5 %Saudi Arabia: 6.3 %Solomon Islands: 2.6 %Sudan: 34.6 %Sweden: 2.2 %Singapore: 3 %Slovenia: 1.3 %Slovakia: 1.2 %Sierra Leone: 7.5 %Senegal: 0.4 %Somalia: 0.6 %Suriname: 28.1 %El Salvador: 1 %Syria: 37.2 %Eswatini: 4.9 %Chad: 2.1 %Togo: -0.9 %Thailand: 1.9 %Tajikistan: 9.8 %Timor-Leste: -0.2 %Turkmenistan: -1.5 %Tunisia: 4.7 %Türkiye: 11.1 %Trinidad and Tobago: 7.8 %Tanzania: 2.7 %Ukraine: 22.1 %Uganda: 4.6 %United States: 1.8 %Uruguay: 5.7 %Uzbekistan: 21.6 %Venezuela: 1,049.9 %Vietnam: 4.4 %Vanuatu: 4.8 %Samoa: 0.3 %Yemen: 18.6 %South Africa: 5.5 %Zambia: 10.1 %Zimbabwe: 197.5 %
  • Under 0
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%, 2017. Red areas are below zero and blue areas above it. Hatched areas have no value for this period. Source: World Bank, Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG). Boundaries: Natural Earth (public domain).

Top 40 countries, 2017

Venezuela: 1,049.9 %Venezuela1,049.9Zimbabwe: 197.5 %Zimbabwe197.5Syria: 37.2 %Syria37.2Democratic Republic of the Congo: 35.2 %Democratic Republic of the Congo35.2Sudan: 34.6 %Sudan34.6Bolivia: 29.9 %Bolivia29.9Egypt: 29.5 %Egypt29.5Suriname: 28.1 %Suriname28.1Argentina: 26 %Argentina26Angola: 23.7 %Angola23.7Ukraine: 22.1 %Ukraine22.1Uzbekistan: 21.6 %Uzbekistan21.6Yemen: 18.6 %Yemen18.6Kuwait: 16.2 %Kuwait16.2Azerbaijan: 16.2 %Azerbaijan16.2Nauru: 15.5 %Nauru15.5Iraq: 14.7 %Iraq14.7Haiti: 13.8 %Haiti13.8Burundi: 13.3 %Burundi13.3Iran: 12.8 %Iran12.8Equatorial Guinea: 12.7 %Equatorial Guinea12.7Republic of the Congo: 12.4 %Republic of the Congo12.4Kazakhstan: 11.2 %Kazakhstan11.2Türkiye: 11.1 %Türkiye11.1Nigeria: 11.1 %Nigeria11.1Mongolia: 10.8 %Mongolia10.8Ghana: 10.7 %Ghana10.7Malawi: 10.6 %Malawi10.6Guinea-Bissau: 10.5 %Guinea-Bissau10.5Guinea: 10.4 %Guinea10.4Zambia: 10.1 %Zambia10.1Namibia: 9.9 %Namibia9.9Tajikistan: 9.8 %Tajikistan9.8Belarus: 8.6 %Belarus8.6Nepal: 8.3 %Nepal8.3Micronesia: 8.2 %Micronesia8.2Mozambique: 8 %Mozambique8Trinidad and Tobago: 7.8 %Trinidad and Tobago7.8Qatar: 7.8 %Qatar7.8Papua New Guinea: 7.7 %Papua New Guinea7.7Venezuela: 1,049.9 %Venezuela1,049.9Zimbabwe: 197.5 %Zimbabwe197.5Syria: 37.2 %Syria37.2Democratic Republic of the Congo: 35.2 %Democratic Republic of the Congo35.2Sudan: 34.6 %Sudan34.6Bolivia: 29.9 %Bolivia29.9Egypt: 29.5 %Egypt29.5Suriname: 28.1 %Suriname28.1Argentina: 26 %Argentina26Angola: 23.7 %Angola23.7Ukraine: 22.1 %Ukraine22.1Uzbekistan: 21.6 %Uzbekistan21.6Yemen: 18.6 %Yemen18.6Kuwait: 16.2 %Kuwait16.2Azerbaijan: 16.2 %Azerbaijan16.2Nauru: 15.5 %Nauru15.5Iraq: 14.7 %Iraq14.7Haiti: 13.8 %Haiti13.8Burundi: 13.3 %Burundi13.3Iran: 12.8 %Iran12.8Equatorial Guinea: 12.7 %Equatorial Guinea12.7Republic of the Congo: 12.4 %Republic of the Congo12.4Kazakhstan: 11.2 %Kazakhstan11.2Türkiye: 11.1 %Türkiye11.1Nigeria: 11.1 %Nigeria11.1Mongolia: 10.8 %Mongolia10.8Ghana: 10.7 %Ghana10.7Malawi: 10.6 %Malawi10.6Guinea-Bissau: 10.5 %Guinea-Bissau10.5Guinea: 10.4 %Guinea10.4Zambia: 10.1 %Zambia10.1Namibia: 9.9 %Namibia9.9Tajikistan: 9.8 %Tajikistan9.8Belarus: 8.6 %Belarus8.6Nepal: 8.3 %Nepal8.3Micronesia: 8.2 %Micronesia8.2Mozambique: 8 %Mozambique8Trinidad and Tobago: 7.8 %Trinidad and Tobago7.8Qatar: 7.8 %Qatar7.8Papua New Guinea: 7.7 %Papua New Guinea7.7
%. Source: World Bank, Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG). Retrieved 2026-10-18.

Full ranking

RankCountries2017 (%)Change on 2016
1Venezuela1,049.9+741.3 pts
2Zimbabwe197.5+195.3 pts
3Syria37.2+0.3 pts
4Democratic Republic of the Congo35.2+30.8 pts
5Sudan34.6+13.9 pts
6Bolivia29.9+31.2 pts
7Egypt29.5+23.3 pts
8Suriname28.1+4.1 pts
9Argentina26-15.1 pts
10Angola23.7+2.9 pts
11Ukraine22.1+5 pts
12Uzbekistan21.6+13.1 pts
13Yemen18.6+18.4 pts
14Kuwait16.2+23.1 pts
15Azerbaijan16.2+1.6 pts
16Nauru15.5-10.6 pts
17Iraq14.7+25.8 pts
18Haiti13.8-1.9 pts
19Burundi13.3+6.9 pts
20Iran12.8-1.3 pts
21Equatorial Guinea12.7+19 pts
22Republic of the Congo12.4+15.9 pts
23Kazakhstan11.2-2.4 pts
24Türkiye11.1+3 pts
25Nigeria11.1+1.6 pts
26Mongolia10.8+7.8 pts
27Ghana10.7-5.1 pts
28Malawi10.6-9.7 pts
29Guinea-Bissau10.5+7.8 pts
30Guinea10.4+4.7 pts
31Zambia10.1-3.5 pts
32Namibia9.9+2 pts
33Tajikistan9.8+9.3 pts
34Belarus8.6+0.3 pts
35Nepal8.3+1.1 pts
36Micronesia8.2+4.7 pts
37Mozambique8-4.2 pts
38Trinidad and Tobago7.8+8.3 pts
39Qatar7.8+16.8 pts
40Papua New Guinea7.7+5.2 pts
41Kenya7.6+1.7 pts
42Georgia7.5+5.3 pts
43Rwanda7.5+2.2 pts
44Sierra Leone7.5+3.2 pts
45Oman7.3+16.4 pts
46United Arab Emirates6.8+12.2 pts
47Ethiopia6.7-3.7 pts
48Mexico6.6+0.5 pts
49Central African Republic6.4+3.5 pts
50Kyrgyzstan6.3+0.3 pts
51Saudi Arabia6.3+8.5 pts
52Moldova6.3+2.7 pts
53Jamaica5.9+2.3 pts
54Myanmar5.9+2.3 pts
55Uruguay5.7-2.5 pts
56Tonga5.6+2.6 pts
57South Africa5.5-1.5 pts
58Sri Lanka5.50 pts
59Russia5.3+2.5 pts
60Colombia5.1-0 pts
61Bangladesh5-22.8 pts
62Madagascar5-4 pts
63Brunei5+14.1 pts
64Eswatini4.9-1.8 pts
65Algeria4.9+4.1 pts
66Chile4.8+0.3 pts
67Bulgaria4.8+1.5 pts
68Vanuatu4.8+2.8 pts
69Saint Kitts and Nevis4.8+3.5 pts
70Tunisia4.7-0.2 pts
71Montenegro4.7-0.6 pts
72Romania4.7+2 pts
73Uganda4.6-0.1 pts
74Bahrain4.6+4.3 pts
75Honduras4.5+0.8 pts
76Vietnam4.4+2.5 pts
77Bhutan4.3+0.3 pts
78Indonesia4.3+1.9 pts
79China4.1+2.7 pts
80Nicaragua4.1-0.5 pts
81Cuba4.1-0.2 pts
82Lithuania4.1+3.1 pts
83São Tomé and Príncipe4.1-3 pts
84Hungary4+2.7 pts
85Pakistan4+3.1 pts
86Norway4+5.6 pts
87Isle of Man4+1.8 pts
88India4+0.7 pts
89Gambia3.9-3.9 pts
90Dominican Republic3.9+1.9 pts
91Gabon3.8+8.1 pts
92Malaysia3.8+2.1 pts
93Estonia3.7+1.3 pts
94Brazil3.7-4.4 pts
95New Zealand3.7+1.2 pts
96Australia3.6+4.3 pts
97Peru3.6+0.5 pts
98Saint Lucia3.5+3.5 pts
99Greenland3.3-0.3 pts
100Palestine3.2+1.9 pts
101Belize3.1+0.9 pts
102Serbia3+1.5 pts
103Singapore3+2.3 pts
104Tuvalu3-5.4 pts
105Northern Mariana Islands3-1.6 pts
106Hong Kong2.9+1.2 pts
107Costa Rica2.9+0.9 pts
108North Macedonia2.8-0.7 pts
109Lebanon2.7+1.9 pts
110Albania2.7+3.6 pts
111Latvia2.7+2.1 pts
112Tanzania2.7-4.8 pts
113Solomon Islands2.6+2.2 pts
114Canada2.6+1.9 pts
115Sint Maarten2.6+2.9 pts
116Afghanistan2.4+4.6 pts
117Seychelles2.3+4.6 pts
118Philippines2.3+1 pts
119Barbados2.3+4 pts
120Marshall Islands2.3-4.9 pts
121Sweden2.2+0.6 pts
122Paraguay2.2-2 pts
123Macao2.2+1.3 pts
124Armenia2.2+1.9 pts
125Luxembourg2.1+3.3 pts
126Malta2.10 pts
127Maldives2.1+1.7 pts
128Guyana2.1+1.2 pts
129Puerto Rico2.1-0.1 pts
130Cambodia2.1+0.5 pts
131Saint Vincent and the Grenadines2.1+2.7 pts
132Chad2.1+8.5 pts
133Lesotho2+2.3 pts
134South Korea2-0 pts
135Niger2-0.7 pts
136Cayman Islands2+1 pts
137Belgium2+0.1 pts
138Thailand1.9-0.7 pts
139Laos1.9-1.2 pts
140Libya1.8-2.9 pts
141Panama1.8-0.7 pts
142United States1.8+0.8 pts
143Bosnia and Herzegovina1.8+0.4 pts
144Poland1.8+1.7 pts
145Guatemala1.7-1 pts
146San Marino1.7+0.4 pts
147Fiji1.7-0.9 pts
148Czechia1.7+0.2 pts
149Jordan1.7+0.8 pts
150Mali1.7+0.1 pts
151Mauritius1.7-0.7 pts
152Curaçao1.6+1.6 pts
153Mauritania1.6-9.6 pts
154Iceland1.6-1.1 pts
155United Kingdom1.5-0.2 pts
156Portugal1.5-0.3 pts
157Grenada1.5-1.1 pts
158Ireland1.5+1.4 pts
159Germany1.5+0.2 pts
160Netherlands1.4+0.9 pts
161Burkina Faso1.4-1.2 pts
162Bahamas1.3-0.2 pts
163Cape Verde1.3-0.4 pts
164Slovenia1.3+0.4 pts
165Spain1.3+0.9 pts
166Croatia1.2+1.2 pts
167Slovakia1.2+1.6 pts
168Andorra1.1+0.8 pts
169Denmark1.1+0.7 pts
170Cameroon1+0.4 pts
171Kiribati1-0.7 pts
172Cyprus1+1.6 pts
173Guam1-0.6 pts
174El Salvador1+0.3 pts
175Austria1-0.8 pts
176Ecuador0.9-0.2 pts
177Finland0.8+0.8 pts
178Italy0.7-0.5 pts
179U.S. Virgin Islands0.6-1.4 pts
180Monaco0.6+0.1 pts
181France0.6+0.1 pts
182Somalia0.6-3.5 pts
183Djibouti0.6+0.3 pts
184Senegal0.4-0.5 pts
185Comoros0.4-1.3 pts
186Faroe Islands0.4-7.5 pts
187Antigua and Barbuda0.3+0.8 pts
188Samoa0.3-1.9 pts
189Greece0.2+0.7 pts
190Aruba0.1+0.7 pts
191Japan0-0.6 pts
192Israel-0-0.2 pts
193Morocco-0.1-1 pts
194Bermuda-0.1-4.5 pts
195Timor-Leste-0.2-0.4 pts
196French Polynesia-0.3-1.4 pts
197Switzerland-0.3+0.3 pts
198Benin-0.4-1.1 pts
199Dominica-0.6-4.1 pts
200Togo-0.9-2.3 pts
201Palau-1-6.4 pts
202Côte d’Ivoire-1+0.1 pts
203Turkmenistan-1.5+3.4 pts
204American Samoa-1.9-3.3 pts
205Liberia-2.6-9.6 pts
206Botswana-2.6-14.6 pts
207Turks and Caicos Islands-42.9-46.9 pts

Other periods

About this ranking

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.

Every value in the ranking comes from the same publisher and the same period, so the countries are compared on one definition. 4 countries with data in other periods have no value for 2017 and are left out rather than filled from another source. Equal values share a rank.

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) (Countries by inflation, GDP deflator, 2017) [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), Countries by inflation, GDP deflator, 2017. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG. Invokely, https://invokely.ai/rankings/gdp-deflator-inflation/countries?period=2017. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG). Countries by inflation, GDP deflator, 2017. Dataset. Accessed October 18, 2026. https://data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG. Also distributed by Invokely, https://invokely.ai/rankings/gdp-deflator-inflation/countries?period=2017.

Harvard

World Bank (2026) Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG), Countries by inflation, GDP deflator, 2017 [Dataset]. Available at: https://data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG, via Invokely: https://invokely.ai/rankings/gdp-deflator-inflation/countries?period=2017 (Accessed: 18 October 2026).

BibTeX
@misc{world_countries_by_inflation_gdp_2017,
  author = {{World Bank}},
  title = {{Inflation, GDP deflator (annual \%) (NY.GDP.DEFL.KD.ZG): Countries by inflation, GDP deflator, 2017}},
  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/rankings/gdp-deflator-inflation/countries?period=2017. 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): Countries by inflation, GDP deflator, 2017
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/rankings/gdp-deflator-inflation/countries?period=2017
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/rankings/gdp-deflator-inflation/countries?period=2017.
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

Which country has the highest inflation, GDP deflator?

Venezuela, with 1,049.9% in 2017, according to the World Bank.

Which country has the lowest inflation, GDP deflator?

Turks and Caicos Islands, with -42.9% in 2017.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: World Bank, Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG). Retrieved 2026-10-18. 4 countries have no value for 2017 and are not ranked.

Inflation, GDP deflator: other rankings

Countries: more rankings