Inflation, GDP deflator in Channel Islands
Channel Islands: Inflation, GDP deflator was 5.8% in 2023. ◆ Volatile
Inflation, GDP deflator in Channel Islands, 2010–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator in Channel Islands is 5.8%, measured in 2023.
That represents a change of down 21.8% on the previous year and up 182.2% over ten years.
Over the whole period, inflation, gdp deflator in Channel Islands peaked at 7.4% in 2022 and was at its lowest, 0.2%, in 2021.
Channel Islands ranks 53rd of 214 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Channel Islands, year by year
| Year | annual % | Change |
|---|---|---|
| 2010 | 2.3% | — |
| 2011 | 3.4% | +45.3% |
| 2012 | 5.5% | +62.2% |
| 2013 | 2.0% | -62.6% |
| 2014 | 1.8% | -12.7% |
| 2015 | 3.0% | +70.6% |
| 2016 | 1.4% | -54.0% |
| 2017 | 3.1% | +119.3% |
| 2018 | 4.3% | +40.7% |
| 2019 | 3.0% | -31.4% |
| 2020 | 2.8% | -4.1% |
| 2021 | 0.2% | -92.3% |
| 2022 | 7.4% | +3293.4% |
| 2023 | 5.8% | -21.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.0% | 1.4% | 5.5% | 10 |
| 2020s | 4.0% | 0.2% | 7.4% | 4 |
Countries ranked near Channel Islands
More economy & growth data for Channel Islands
- Gross value added at basic prices (GVA) 10.06 billion constant LCU (2023)
- GDP per capita growth 3.4% (2023)
- GDP 10.06 billion constant LCU (2023)
- GDP 10.06 billion current LCU (2023)
- GDP growth 3.7% (2023)
- GDP 11.71 billion constant 2015 US$ (2023)
- Gross value added at basic prices (GVA) 10.06 billion current LCU (2023)
- GDP 12.51 billion current US$ (2023)
- Gross value added at basic prices (GVA) 12.51 billion current US$ (2023)
- GDP per capita 60,007 current LCU (2023)
Frequently asked questions
- What is inflation, gdp deflator in Channel Islands?
- Inflation, gdp deflator in Channel Islands was 5.8% in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Channel Islands?
- The highest recorded value was 7.4% in 2022.
- What is the lowest inflation, gdp deflator recorded in Channel Islands?
- The lowest recorded value was 0.2% in 2021.
- How does Channel Islands rank for inflation, gdp deflator?
- Channel Islands ranks 53rd out of 214 countries with data for 2023.
- Is inflation, gdp deflator rising or falling in Channel Islands?
- Over the last ten years it is up 182.2%. The long-run trend across the full record is volatile.
- Where does this Channel Islands 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.