Lower middle income | Inflation, GDP deflator (annual %)
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.
| year | value |
|---|---|
| 1960 | |
| 1961 | |
| 1962 | 2.09156229 |
| 1963 | 1.5257203 |
| 1964 | 2.90617795 |
| 1965 | 2.75243171 |
| 1966 | 3.60813903 |
| 1967 | 2.12038565 |
| 1968 | 2.41538359 |
| 1969 | 2.99689342 |
| 1970 | 3.70835302 |
| 1971 | 3.41352953 |
| 1972 | 5.31722608 |
| 1973 | 13.22796897 |
| 1974 | 16.76119508 |
| 1975 | 9.47960394 |
| 1976 | 10.12871565 |
| 1977 | 10.04971714 |
| 1978 | 9.16924941 |
| 1979 | 12.70863637 |
| 1980 | 12.79876245 |
| 1981 | 9.97127453 |
| 1982 | 8.30131759 |
| 1983 | 9.21757374 |
| 1984 | 9.21007417 |
| 1985 | 6.92776916 |
| 1986 | 6.78940045 |
| 1987 | 7.62652158 |
| 1988 | 8.64673942 |
| 1989 | 8.51092844 |
| 1990 | 10.6920945 |
| 1991 | 13.6221176 |
| 1992 | 10.67574532 |
| 1993 | 11.04559685 |
| 1994 | 13.02841605 |
| 1995 | 11.22107084 |
| 1996 | 8.98438333 |
| 1997 | 8.92446882 |
| 1998 | 7.5260369 |
| 1999 | 6.33463973 |
| 2000 | 6.07984849 |
| 2001 | 6.37747187 |
| 2002 | 4.58213735 |
| 2003 | 5.75974077 |
| 2004 | 6.88562313 |
| 2005 | 6.21272951 |
| 2006 | 8.34372113 |
| 2007 | 7.09973099 |
| 2008 | 10.64024482 |
| 2009 | 4.03530386 |
| 2010 | 8.0774561 |
| 2011 | 8.99927991 |
| 2012 | 7.25574991 |
| 2013 | 4.34989132 |
| 2014 | 3.93583466 |
| 2015 | 3.3467787 |
| 2016 | 3.29587845 |
| 2017 | 4.43788156 |
| 2018 | 4.04963435 |
| 2019 | 3.65842604 |
| 2020 | 3.97375939 |
| 2021 | 5.00574568 |
| 2022 | 7.98414774 |
Lower middle income | Inflation, GDP deflator (annual %)
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.