GDP deflator — all countries

GDP deflator — Northern America

GDP deflator in Northern America in 2024 — 2.5%. Since 1961, the indicator has risen by 1.08 pp.

2024 2.5% −1.04 pp vs 2023
World rank
Period maximum 9.62%1974
Period minimum 0.36%2009

Trend over time

1961–2024 · % per year

GDP deflator — Northern America, 1961–202402.557.51019611968197519821989199620032010201720241961: 1.42%1963: 1.16%1965: 2.05%1967: 3.24%1969: 4.95%1971: 5.06%1973: 5.86%1975: 9.42%1977: 6.26%1979: 8.45%1981: 9.59%1983: 4.08%1985: 3.18%1987: 2.67%1989: 3.99%1991: 3.35%1993: 2.29%1995: 2.11%1997: 1.68%1999: 1.45%2001: 2.21%2003: 2.07%2005: 3.14%2007: 2.77%2009: 0.36%2011: 2.18%2013: 1.71%2015: 0.79%2017: 1.85%2019: 1.64%2021: 4.81%2023: 3.54%2024: 2.5%
Change over the period: +1.08 pp Annual average: 0.02 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Northern America

Northern America 2.5%
World 4.09%
GDP deflator — Northern America, by year Northern America All countries CSV XLSX
Year % Change, pp
2024 2.5 −1.04 pp
2023 3.54 −3.63 pp
2022 7.17 +2.36 pp
2021 4.81 +3.49 pp
2020 1.32 −0.32 pp
2019 1.64 −0.6 pp
2018 2.24 +0.39 pp
2017 1.85 +0.92 pp
2016 0.93 +0.15 pp
2015 0.79 −0.97 pp
2014 1.76 +0.06 pp
2013 1.71 −0.09 pp
2012 1.8 −0.39 pp
2011 2.18 +0.81 pp
2010 1.37 +1.01 pp
2009 0.36 −1.76 pp
2008 2.12 −0.64 pp
2007 2.77 −0.28 pp
2006 3.05 −0.09 pp
2005 3.14 +0.4 pp
2004 2.73 +0.67 pp
2003 2.07 +0.53 pp
2002 1.54 −0.67 pp
2001 2.21 −0.2 pp
2000 2.41 +0.96 pp
1999 1.45 +0.41 pp
1998 1.04 −0.64 pp
1997 1.68 −0.14 pp
1996 1.83 −0.28 pp
1995 2.11 +0.02 pp
1994 2.09 −0.2 pp
1993 2.29 +0.08 pp
1992 2.21 −1.14 pp
1991 3.35 −0.36 pp
1990 3.71 −0.28 pp
1989 3.99 +0.37 pp
1988 3.62 +0.95 pp
1987 2.67 +0.57 pp
1986 2.1 −1.08 pp
1985 3.18 −0.43 pp
1984 3.6 −0.48 pp
1983 4.08 −2.32 pp
1982 6.41 −3.18 pp
1981 9.59 +0.46 pp
1980 9.12 +0.68 pp
1979 8.45 +1.43 pp
1978 7.02 +0.76 pp
1977 6.26 +0.43 pp
1976 5.83 −3.6 pp
1975 9.42 −0.19 pp
1974 9.62 +3.76 pp
1973 5.86 +1.41 pp
1972 4.45 −0.61 pp
1971 5.06 −0.16 pp
1970 5.22 +0.27 pp
1969 4.95 +0.6 pp
1968 4.35 +1.1 pp
1967 3.24 +0.2 pp
1966 3.04 +0.99 pp
1965 2.05 +0.45 pp
1964 1.59 +0.43 pp
1963 1.16 −0.09 pp
1962 1.25 −0.18 pp
1961 1.42

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.