EU countries by inflation, GDP deflator

Bulgaria had the highest inflation, GDP deflator of 27 EU countries in 2017, at 4.8%. Greece had the lowest, at 0.2%. The median was 1.5%. Source: the World Bank.

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Highest4.8Bulgaria
Lowest0.2Greece
Median1.527 EU countries

Map of EU countries, 2017

Austria: 1 %Belgium: 2 %Bulgaria: 4.8 %Cyprus: 1 %Czechia: 1.7 %Germany: 1.5 %Denmark: 1.1 %Estonia: 3.7 %Spain: 1.3 %Finland: 0.8 %France: 0.6 %Greece: 0.2 %Croatia: 1.2 %Hungary: 4 %Ireland: 1.5 %Italy: 0.7 %Lithuania: 4.1 %Luxembourg: 2.1 %Latvia: 2.7 %Malta: 2.1 %Netherlands: 1.4 %Poland: 1.8 %Portugal: 1.5 %Romania: 4.7 %Sweden: 2.2 %Slovenia: 1.3 %Slovakia: 1.2 %
  • Under 1
  • 1 to 1.3
  • 1.3 to 1.7
  • 1.7 to 2.6
  • 2.6 and over
%, 2017. Source: World Bank, Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG). Boundaries: Natural Earth (public domain).

All EU countries, 2017

Bulgaria: 4.8 %Bulgaria4.8Romania: 4.7 %Romania4.7Lithuania: 4.1 %Lithuania4.1Hungary: 4 %Hungary4Estonia: 3.7 %Estonia3.7Latvia: 2.7 %Latvia2.7Sweden: 2.2 %Sweden2.2Luxembourg: 2.1 %Luxembourg2.1Malta: 2.1 %Malta2.1Belgium: 2 %Belgium2Poland: 1.8 %Poland1.8Czechia: 1.7 %Czechia1.7Portugal: 1.5 %Portugal1.5Ireland: 1.5 %Ireland1.5Germany: 1.5 %Germany1.5Netherlands: 1.4 %Netherlands1.4Slovenia: 1.3 %Slovenia1.3Spain: 1.3 %Spain1.3Croatia: 1.2 %Croatia1.2Slovakia: 1.2 %Slovakia1.2Denmark: 1.1 %Denmark1.1Cyprus: 1 %Cyprus1Austria: 1 %Austria1Finland: 0.8 %Finland0.8Italy: 0.7 %Italy0.7France: 0.6 %France0.6Greece: 0.2 %Greece0.2Bulgaria: 4.8 %Bulgaria4.8Romania: 4.7 %Romania4.7Lithuania: 4.1 %Lithuania4.1Hungary: 4 %Hungary4Estonia: 3.7 %Estonia3.7Latvia: 2.7 %Latvia2.7Sweden: 2.2 %Sweden2.2Luxembourg: 2.1 %Luxembourg2.1Malta: 2.1 %Malta2.1Belgium: 2 %Belgium2Poland: 1.8 %Poland1.8Czechia: 1.7 %Czechia1.7Portugal: 1.5 %Portugal1.5Ireland: 1.5 %Ireland1.5Germany: 1.5 %Germany1.5Netherlands: 1.4 %Netherlands1.4Slovenia: 1.3 %Slovenia1.3Spain: 1.3 %Spain1.3Croatia: 1.2 %Croatia1.2Slovakia: 1.2 %Slovakia1.2Denmark: 1.1 %Denmark1.1Cyprus: 1 %Cyprus1Austria: 1 %Austria1Finland: 0.8 %Finland0.8Italy: 0.7 %Italy0.7France: 0.6 %France0.6Greece: 0.2 %Greece0.2
%. Source: World Bank, Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG). Retrieved 2026-10-18.

Full ranking

RankEU countries2017 (%)Change on 2016
1Bulgaria4.8+1.5 pts
2Romania4.7+2 pts
3Lithuania4.1+3.1 pts
4Hungary4+2.7 pts
5Estonia3.7+1.3 pts
6Latvia2.7+2.1 pts
7Sweden2.2+0.6 pts
8Luxembourg2.1+3.3 pts
9Malta2.10 pts
10Belgium2+0.1 pts
11Poland1.8+1.7 pts
12Czechia1.7+0.2 pts
13Portugal1.5-0.3 pts
14Ireland1.5+1.4 pts
15Germany1.5+0.2 pts
16Netherlands1.4+0.9 pts
17Slovenia1.3+0.4 pts
18Spain1.3+0.9 pts
19Croatia1.2+1.2 pts
20Slovakia1.2+1.6 pts
21Denmark1.1+0.7 pts
22Cyprus1+1.6 pts
23Austria1-0.8 pts
24Finland0.8+0.8 pts
25Italy0.7-0.5 pts
26France0.6+0.1 pts
27Greece0.2+0.7 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 EU countries are compared on one definition. 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) (EU 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), EU 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/eu-countries?period=2017. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG). EU 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/eu-countries?period=2017.

Harvard

World Bank (2026) Inflation, GDP deflator (annual %) (NY.GDP.DEFL.KD.ZG), EU 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/eu-countries?period=2017 (Accessed: 18 October 2026).

BibTeX
@misc{world_eu_countries_by_inflation_2017,
  author = {{World Bank}},
  title = {{Inflation, GDP deflator (annual \%) (NY.GDP.DEFL.KD.ZG): EU 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/eu-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): EU 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/eu-countries?period=2017
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/rankings/gdp-deflator-inflation/eu-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 EU country has the highest inflation, GDP deflator?

Bulgaria, with 4.8% in 2017, according to the World Bank.

Which EU country has the lowest inflation, GDP deflator?

Greece, with 0.2% 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.

Inflation, GDP deflator: other rankings

EU countries: more rankings