GDP deflator — all countries

GDP deflator — Southern Europe

GDP deflator in Southern Europe in 2025 — 2.61%. Since 1991, the indicator has fallen by 7.28 pp.

2025 2.61% −0.1 pp vs 2024
World rank
Period maximum 29.76%1993
Period minimum 0.39%2014

Trend over time

1991–2025 · % per year

GDP deflator — Southern Europe, 1991–2025010203019911995199920032007201120152019202320251991: 9.89%1992: 14.42%1993: 29.76%1994: 5.66%1995: 5.54%1996: 5.15%1997: 3.17%1998: 3.02%1999: 2.38%2000: 2.77%2001: 4.05%2002: 3.74%2003: 3.57%2004: 3.09%2005: 2.94%2006: 3.1%2007: 3.06%2008: 2.68%2009: 1.35%2010: 0.61%2011: 1.07%2012: 0.88%2013: 0.87%2014: 0.39%2015: 0.75%2016: 0.89%2017: 0.98%2018: 1.15%2019: 1.24%2020: 1.35%2021: 1.91%2022: 4.47%2023: 6.64%2024: 2.71%2025: 2.61%
Change over the period: −7.28 pp Annual average: -0.21 pp

Comparison, 2025

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

Southern Europe 2.61%
World 3.33%
GDP deflator — Southern Europe, by year Southern Europe All countries CSV XLSX
Year % Change, pp
2025 2.61 −0.1 pp
2024 2.71 −3.93 pp
2023 6.64 +2.17 pp
2022 4.47 +2.56 pp
2021 1.91 +0.56 pp
2020 1.35 +0.11 pp
2019 1.24 +0.09 pp
2018 1.15 +0.17 pp
2017 0.98 +0.1 pp
2016 0.89 +0.14 pp
2015 0.75 +0.36 pp
2014 0.39 −0.48 pp
2013 0.87 −0.01 pp
2012 0.88 −0.19 pp
2011 1.07 +0.46 pp
2010 0.61 −0.74 pp
2009 1.35 −1.33 pp
2008 2.68 −0.37 pp
2007 3.06 −0.04 pp
2006 3.1 +0.16 pp
2005 2.94 −0.15 pp
2004 3.09 −0.48 pp
2003 3.57 −0.16 pp
2002 3.74 −0.32 pp
2001 4.05 +1.28 pp
2000 2.77 +0.39 pp
1999 2.38 −0.64 pp
1998 3.02 −0.15 pp
1997 3.17 −1.98 pp
1996 5.15 −0.39 pp
1995 5.54 −0.13 pp
1994 5.66 −24.09 pp
1993 29.76 +15.34 pp
1992 14.42 +4.53 pp
1991 9.89

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.