Inflation, GDP deflator (annual %) in North America
North America: Inflation, GDP deflator (annual %) was 2.7% in 2025. ◆ Volatile
Inflation, GDP deflator in North America, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator in North America is 2.7%, measured in 2025.
The figure is down 2.0% on the previous year and up 188.5% over ten years.
Over the whole period, inflation, gdp deflator in North America peaked at 15.0% in 1974 and was at its lowest, 0.6%, in 2009.
North America ranks 43rd of 47 groups on this measure, 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 North America, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 1.4% | — |
| 1962 | 1.2% | -7.8% |
| 1963 | 1.3% | +2.1% |
| 1964 | 1.5% | +18.3% |
| 1965 | 1.9% | +27.7% |
| 1966 | 2.9% | +51.0% |
| 1967 | 3.5% | +20.1% |
| 1968 | 4.4% | +25.5% |
| 1969 | 5.0% | +13.5% |
| 1970 | 5.3% | +6.1% |
| 1971 | 5.1% | -3.7% |
| 1972 | 5.8% | +14.9% |
| 1973 | 9.9% | +70.4% |
| 1974 | 15.0% | +50.9% |
| 1975 | 9.3% | -38.2% |
| 1976 | 5.5% | -40.6% |
| 1977 | 6.7% | +22.1% |
| 1978 | 6.8% | +1.6% |
| 1979 | 8.3% | +21.5% |
| 1980 | 9.9% | +18.8% |
| 1981 | 10.9% | +10.3% |
| 1982 | 8.8% | -18.8% |
| 1983 | 5.8% | -34.0% |
| 1984 | 3.6% | -38.1% |
| 1985 | 3.3% | -7.5% |
| 1986 | 3.1% | -6.2% |
| 1987 | 4.8% | +53.0% |
| 1988 | 4.5% | -5.3% |
| 1989 | 4.7% | +3.1% |
| 1990 | 3.7% | -20.0% |
| 1991 | 3.4% | -9.7% |
| 1992 | 2.3% | -32.6% |
| 1993 | 2.4% | +4.0% |
| 1994 | 2.0% | -17.3% |
| 1995 | 2.3% | +15.5% |
| 1996 | 1.8% | -19.1% |
| 1997 | 1.7% | -5.8% |
| 1998 | 1.1% | -34.8% |
| 1999 | 1.9% | +71.2% |
| 2000 | 2.3% | +17.7% |
| 2001 | 1.6% | -30.5% |
| 2002 | 1.6% | -1.3% |
| 2003 | 2.8% | +81.8% |
| 2004 | 3.3% | +15.4% |
| 2005 | 3.1% | -3.8% |
| 2006 | 3.1% | -1.6% |
| 2007 | 3.3% | +7.0% |
| 2008 | 4.0% | +21.2% |
| 2009 | 0.6% | -84.6% |
| 2010 | 2.2% | +262.6% |
| 2011 | 2.1% | -7.7% |
| 2012 | 1.9% | -9.7% |
| 2013 | 1.7% | -8.6% |
| 2014 | 1.9% | +14.1% |
| 2015 | 0.9% | -52.2% |
| 2016 | 1.0% | +2.4% |
| 2017 | 1.8% | +88.4% |
| 2018 | 1.7% | -7.8% |
| 2019 | 1.7% | -0.0% |
| 2020 | 1.1% | -35.1% |
| 2021 | 4.6% | +326.2% |
| 2022 | 7.1% | +55.9% |
| 2023 | 3.7% | -48.0% |
| 2024 | 2.7% | -26.2% |
| 2025 | 2.7% | -2.0% |
Biggest year-on-year movements
Years where Inflation, GDP deflator (annual %) in North America 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 |
|---|---|---|---|
| 2021 | +326.2% | 1.1% | 4.6% |
| 2010 | +262.6% | 0.6% | 2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.6% | 1.2% | 5.0% | 9 |
| 1970s | 7.8% | 5.1% | 15.0% | 10 |
| 1980s | 5.9% | 3.1% | 10.9% | 10 |
| 1990s | 2.3% | 1.1% | 3.7% | 10 |
| 2000s | 2.6% | 0.6% | 4.0% | 10 |
| 2010s | 1.7% | 0.9% | 2.2% | 10 |
| 2020s | 3.6% | 1.1% | 7.1% | 6 |
Countries ranked near North America
More economy & growth data for North America
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0142 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,224 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.35 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 469.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,250 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0145 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 479.40 billion BoP, current US$ (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9466 current US$ per US$ of GDP (2021)
- Industry (including construction), value added (current US$), per 12,657 current US$ per person (2021)
- Services, value added (current US$), annual growth rate 10.37 % change on previous year (2021)
Frequently asked questions
- What is inflation, gdp deflator in North America?
- Inflation, gdp deflator in North America was 2.7% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in North America?
- The highest recorded value was 15.0% in 1974.
- What is the lowest inflation, gdp deflator recorded in North America?
- The lowest recorded value was 0.6% in 2009.
- How does North America rank for inflation, gdp deflator?
- North America ranks 43rd out of 47 groups with data for 2025.
- Is inflation, gdp deflator rising or falling in North America?
- Over the last ten years it is up 188.5%. The long-run trend across the full record is volatile.
- Where does this North America 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.