Inflation, GDP deflator in North America
North America: Inflation, GDP deflator 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 41st of 45 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 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% |
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
- Industry (including construction), value added 18.2% (2021)
- Imports of goods and services 15.4% (2024)
- External balance on goods and services -2.8% (2024)
- Trade 28.5% (2024)
- Manufacturing, value added 2.69 trillion current US$ (2021)
- Manufacturing, value added 10.4% (2021)
- Trade in services 7.5% (2025)
- GDP 25.12 trillion constant 2015 US$ (2025)
- GDP 33.10 trillion current US$ (2025)
- Gross value added at basic prices (GVA) 24.38 trillion current US$ (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 41st out of 45 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.