Inflation, GDP deflator (annual %) in Caribbean Small States
Caribbean Small States: Inflation, GDP deflator (annual %) was 2.6% in 2025. ◆ Volatile
Inflation, GDP deflator in Caribbean Small States, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
Caribbean Small States recorded 2.6% for inflation, gdp deflator in 2025.
That represents a change of up 41.6% on the previous year and down 8.0% over ten years.
Over the whole period, inflation, gdp deflator in Caribbean Small States peaked at 25.4% in 1974 and was at its lowest, -1.6%, in 2020.
That places Caribbean Small States 45th out of 47 groups with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator (annual %) in Caribbean Small States, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 1.8% | — |
| 1962 | 1.4% | -23.0% |
| 1963 | 2.7% | +98.0% |
| 1964 | 0.2% | -92.7% |
| 1965 | 2.0% | +925.1% |
| 1966 | 3.6% | +80.6% |
| 1967 | 4.6% | +26.9% |
| 1968 | 5.2% | +12.0% |
| 1969 | 2.9% | -42.9% |
| 1970 | 3.1% | +4.8% |
| 1971 | 5.1% | +63.9% |
| 1972 | 6.8% | +34.0% |
| 1973 | 14.7% | +116.3% |
| 1974 | 25.4% | +73.4% |
| 1975 | 15.5% | -39.2% |
| 1976 | 2.4% | -84.6% |
| 1977 | 9.8% | +308.0% |
| 1978 | 7.6% | -22.5% |
| 1979 | 10.6% | +40.7% |
| 1980 | 11.8% | +10.9% |
| 1981 | 7.3% | -38.1% |
| 1982 | 5.2% | -28.1% |
| 1983 | 5.5% | +5.7% |
| 1984 | 5.6% | +1.0% |
| 1985 | 4.1% | -27.1% |
| 1986 | 4.5% | +11.1% |
| 1987 | 7.0% | +53.6% |
| 1988 | 4.3% | -37.8% |
| 1989 | 6.3% | +44.5% |
| 1990 | 6.3% | +0.3% |
| 1991 | 4.7% | -25.7% |
| 1992 | 3.7% | -21.3% |
| 1993 | 2.2% | -41.3% |
| 1994 | 3.4% | +57.4% |
| 1995 | 3.1% | -10.0% |
| 1996 | 2.7% | -11.2% |
| 1997 | 1.5% | -45.7% |
| 1998 | 2.7% | +86.5% |
| 1999 | 2.7% | -3.0% |
| 2000 | 1.5% | -44.2% |
| 2001 | 2.2% | +48.3% |
| 2002 | 1.1% | -50.4% |
| 2003 | 1.1% | +4.1% |
| 2004 | 3.0% | +168.5% |
| 2005 | 4.9% | +59.7% |
| 2006 | 3.9% | -19.9% |
| 2007 | 5.3% | +37.1% |
| 2008 | 3.1% | -42.9% |
| 2009 | 0.2% | -94.9% |
| 2010 | 3.1% | +1888.9% |
| 2011 | 2.4% | -23.1% |
| 2012 | 1.7% | -28.5% |
| 2013 | 2.0% | +18.4% |
| 2014 | 1.2% | -41.7% |
| 2015 | 2.8% | +138.8% |
| 2016 | 1.0% | -62.2% |
| 2017 | 2.2% | +109.8% |
| 2018 | 0.8% | -63.1% |
| 2019 | 2.4% | +191.9% |
| 2020 | -1.6% | -166.1% |
| 2021 | 2.3% | -248.5% |
| 2022 | 5.5% | +135.6% |
| 2023 | 3.7% | -32.2% |
| 2024 | 1.8% | -51.4% |
| 2025 | 2.6% | +41.6% |
Biggest year-on-year movements
Years where Inflation, GDP deflator (annual %) in Caribbean Small States changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +1888.9% | 0.2% | 3.1% |
| 1965 | +925.1% | 0.2% | 2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.7% | 0.2% | 5.2% | 9 |
| 1970s | 10.1% | 2.4% | 25.4% | 10 |
| 1980s | 6.2% | 4.1% | 11.8% | 10 |
| 1990s | 3.3% | 1.5% | 6.3% | 10 |
| 2000s | 2.6% | 0.2% | 5.3% | 10 |
| 2010s | 1.9% | 0.8% | 3.1% | 10 |
| 2020s | 2.4% | -1.6% | 5.5% | 6 |
Countries ranked near Caribbean Small States
More economy & growth data for Caribbean Small States
- Gross value added at basic prices (GVA) (current US$), annual growth 13.29 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.5222 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 10,403 current US$ per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 2.45 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.4633 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (constant 2015 US$), per capita 9,230 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) 83.57 billion current US$ (2024)
- GDP 95.14 billion current US$ (2025)
- Gross value added at basic prices (GVA) 78.02 billion constant 2015 US$ (2024)
- Services, value added (current US$), annual growth rate 4.36 % change on previous year (2024)
Frequently asked questions
- What is inflation, gdp deflator in Caribbean Small States?
- Inflation, gdp deflator in Caribbean Small States was 2.6% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Caribbean Small States?
- The highest recorded value was 25.4% in 1974.
- What is the lowest inflation, gdp deflator recorded in Caribbean Small States?
- The lowest recorded value was -1.6% in 2020.
- How does Caribbean Small States rank for inflation, gdp deflator?
- Caribbean Small States ranks 45th out of 47 groups with data for 2025.
- Is inflation, gdp deflator rising or falling in Caribbean Small States?
- Over the last ten years it is down 8.0%. The long-run trend across the full record is volatile.
- Where does this Caribbean Small States data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
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.