GDP deflator — all countries

GDP deflator — Latin America & Caribbean

GDP deflator in Latin America & Caribbean in 2025 — 3.39%. Since 1961, the indicator has risen by 0.64 pp.

2025 3.39% −0.33 pp vs 2024
World rank
Period maximum 23.21%1974
Period minimum 1.84%2020

Trend over time

1961–2025 · % per year

GDP deflator — Latin America & Caribbean, 1961–2025010203019611968197519821989199620032010201720241961: 2.74%1963: 2.99%1965: 2.53%1967: 3.84%1969: 3.59%1971: 5.38%1973: 14.68%1975: 15.47%1977: 12.54%1979: 14.61%1981: 10.73%1983: 7.48%1985: 9.33%1987: 8.68%1989: 9%1991: 12.34%1993: 8.59%1995: 9.64%1997: 3.7%1999: 3.79%2001: 3.81%2003: 4.72%2005: 5.94%2007: 6.23%2009: 3.43%2011: 5.57%2013: 2.49%2015: 2.9%2017: 2.96%2019: 2.6%2021: 4.32%2023: 4.41%2025: 3.39%
Change over the period: +0.64 pp Annual average: 0.01 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean

Latin America & Caribbean 3.39%
World 3.33%
GDP deflator — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year % Change, pp
2025 3.39 −0.33 pp
2024 3.71 −0.7 pp
2023 4.41 −2.22 pp
2022 6.63 +2.31 pp
2021 4.32 +2.47 pp
2020 1.84 −0.75 pp
2019 2.6 +0.47 pp
2018 2.12 −0.84 pp
2017 2.96 +0.62 pp
2016 2.35 −0.55 pp
2015 2.9 +0.57 pp
2014 2.33 −0.16 pp
2013 2.49 −1.11 pp
2012 3.6 −1.98 pp
2011 5.57 +0.91 pp
2010 4.67 +1.24 pp
2009 3.43 −4.05 pp
2008 7.48 +1.25 pp
2007 6.23 +0.12 pp
2006 6.11 +0.17 pp
2005 5.94 −0.51 pp
2004 6.45 +1.73 pp
2003 4.72 +1 pp
2002 3.72 −0.09 pp
2001 3.81 −0.75 pp
2000 4.56 +0.77 pp
1999 3.79 −1.14 pp
1998 4.92 +1.22 pp
1997 3.7 +0.02 pp
1996 3.69 −5.95 pp
1995 9.64 −0.51 pp
1994 10.14 +1.55 pp
1993 8.59 +2.9 pp
1992 5.7 −6.64 pp
1991 12.34 −3.15 pp
1990 15.49 +6.49 pp
1989 9 −2.66 pp
1988 11.66 +2.97 pp
1987 8.68 +1.42 pp
1986 7.26 −2.07 pp
1985 9.33 −0.74 pp
1984 10.07 +2.59 pp
1983 7.48 +0.78 pp
1982 6.69 −4.04 pp
1981 10.73 −8.1 pp
1980 18.83 +4.22 pp
1979 14.61 +5.79 pp
1978 8.82 −3.72 pp
1977 12.54 +3.94 pp
1976 8.6 −6.87 pp
1975 15.47 −7.74 pp
1974 23.21 +8.54 pp
1973 14.68 +7.89 pp
1972 6.79 +1.4 pp
1971 5.38 +1.23 pp
1970 4.16 +0.56 pp
1969 3.59 −0.67 pp
1968 4.26 +0.43 pp
1967 3.84 +0.2 pp
1966 3.63 +1.11 pp
1965 2.53 −0.84 pp
1964 3.37 +0.37 pp
1963 2.99 −0.11 pp
1962 3.11 +0.36 pp
1961 2.74

About the indicator

The annual change in the GDP deflator — the ratio of GDP in current prices to GDP in constant prices. Unlike the consumer price index it covers the prices of all final goods and services, including investment and export goods, but not imported ones. For commodity exporters the GDP deflator can diverge sharply from consumer inflation, following world prices.

Source: World Development Indicators (World Bank), license CC BY 4.0.