GDP deflator — all countries

GDP deflator — Northern Europe

GDP deflator in Northern Europe in 2025 — 2.78%. Since 1985, the indicator has fallen by 3.14 pp.

2025 2.78% −0.49 pp vs 2024
World rank
Period maximum 8.82%2022
Period minimum 0.81%2009

Trend over time

1985–2025 · % per year

GDP deflator — Northern Europe, 1985–202502.557.510198519891993199720012005200920132017202120251985: 5.92%1986: 3.75%1987: 5.79%1988: 6.48%1989: 7.62%1990: 6.99%1991: 5.8%1992: 1.86%1993: 2.05%1994: 0.9%1995: 8.1%1996: 3.39%1997: 0.86%1998: 1.47%1999: 1.8%2000: 2.44%2001: 2.19%2002: 1.91%2003: 2.25%2004: 2.47%2005: 3.1%2006: 3.35%2007: 2.42%2008: 4.04%2009: 0.81%2010: 1.64%2011: 2.66%2012: 1.89%2013: 1.95%2014: 1.4%2015: 1.14%2016: 1.16%2017: 1.82%2018: 2.3%2019: 2.16%2020: 2.91%2021: 3.05%2022: 8.82%2023: 3.96%2024: 3.27%2025: 2.78%
Change over the period: −3.14 pp Annual average: -0.08 pp

Comparison, 2025

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

Northern Europe 2.78%
World 3.33%
GDP deflator — Northern Europe, by year Northern Europe All countries CSV XLSX
Year % Change, pp
2025 2.78 −0.49 pp
2024 3.27 −0.69 pp
2023 3.96 −4.86 pp
2022 8.82 +5.77 pp
2021 3.05 +0.14 pp
2020 2.91 +0.75 pp
2019 2.16 −0.14 pp
2018 2.3 +0.49 pp
2017 1.82 +0.65 pp
2016 1.16 +0.02 pp
2015 1.14 −0.26 pp
2014 1.4 −0.56 pp
2013 1.95 +0.06 pp
2012 1.89 −0.77 pp
2011 2.66 +1.02 pp
2010 1.64 +0.83 pp
2009 0.81 −3.23 pp
2008 4.04 +1.62 pp
2007 2.42 −0.93 pp
2006 3.35 +0.26 pp
2005 3.1 +0.63 pp
2004 2.47 +0.21 pp
2003 2.25 +0.34 pp
2002 1.91 −0.28 pp
2001 2.19 −0.25 pp
2000 2.44 +0.64 pp
1999 1.8 +0.33 pp
1998 1.47 +0.61 pp
1997 0.86 −2.53 pp
1996 3.39 −4.71 pp
1995 8.1 +7.2 pp
1994 0.9 −1.15 pp
1993 2.05 +0.18 pp
1992 1.86 −3.94 pp
1991 5.8 −1.19 pp
1990 6.99 −0.64 pp
1989 7.62 +1.15 pp
1988 6.48 +0.68 pp
1987 5.79 +2.04 pp
1986 3.75 −2.17 pp
1985 5.92

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.