Inflation, GDP deflator in Northern Mariana Islands
Northern Mariana Islands: Inflation, GDP deflator was 2.8% in 2022. ◆ Volatile
Inflation, GDP deflator in Northern Mariana Islands, 2003–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
Northern Mariana Islands recorded 2.8% for inflation, gdp deflator in 2022.
That represents a change of up 413.7% on the previous year and up 85.8% over ten years.
Over the whole period, inflation, gdp deflator in Northern Mariana Islands peaked at 12.6% in 2008 and was at its lowest, -3.8%, in 2003.
That places Northern Mariana Islands 128th out of 214 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Northern Mariana Islands, year by year
| Year | annual % | Change |
|---|---|---|
| 2003 | -3.8% | — |
| 2004 | 0.8% | -119.8% |
| 2005 | 0.4% | -41.5% |
| 2006 | 0.2% | -56.7% |
| 2007 | 1.5% | +695.2% |
| 2008 | 12.6% | +719.2% |
| 2009 | 2.7% | -78.4% |
| 2010 | -0.9% | -132.4% |
| 2011 | -1.5% | +68.8% |
| 2012 | 1.5% | -201.5% |
| 2013 | 0.8% | -48.1% |
| 2014 | 3.5% | +340.5% |
| 2015 | 5.8% | +68.0% |
| 2016 | 4.6% | -20.5% |
| 2017 | 3.0% | -35.5% |
| 2018 | 3.6% | +21.1% |
| 2019 | 2.3% | -35.0% |
| 2020 | 3.5% | +51.5% |
| 2021 | 0.5% | -84.6% |
| 2022 | 2.8% | +413.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.1% | -3.8% | 12.6% | 7 |
| 2010s | 2.3% | -1.5% | 5.8% | 10 |
| 2020s | 2.3% | 0.5% | 3.5% | 3 |
Countries ranked near Northern Mariana Islands
- 125 Cameroon 2.8% compare
- 126 Kosovo 2.8% compare
- 126 Kosovo (UNSCR 1244) 2.8% compare
- 129 United States of America 2.8% compare
- 130 South Africa 2.8% compare
- 131 Greece 2.8% compare
More economy & growth data for Northern Mariana Islands
- Gdp worldbank constant usd, annual growth rate 16.64 % change on previous year (2022)
- Gross domestic product (GDP) 896.76 million constant 2015 US$ (2022)
- External balance on goods and services as a percent of GDP -48.6% (2022)
- Gdp worldbank constant usd, per capita 19,462 units per person (2022)
- Gdp worldbank constant usd, per unit of GDP 0.8182 units per US$ of GDP (2022)
- GDP (constant LCU), per unit of GDP 0.7418 constant LCU per US$ of GDP (2022)
- GDP (constant 2015 US$), per capita 19,462 constant 2015 US$ per person (2022)
- GDP (constant LCU), annual growth rate 16.64 % change on previous year (2022)
- GDP per capita in international and market dollars 19,462 constant 2015 US$ (2022)
- GDP (constant LCU), per capita 17,644 constant LCU per person (2022)
Frequently asked questions
- What is inflation, gdp deflator in Northern Mariana Islands?
- Inflation, gdp deflator in Northern Mariana Islands was 2.8% in 2022, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Northern Mariana Islands?
- The highest recorded value was 12.6% in 2008.
- What is the lowest inflation, gdp deflator recorded in Northern Mariana Islands?
- The lowest recorded value was -3.8% in 2003.
- How does Northern Mariana Islands rank for inflation, gdp deflator?
- Northern Mariana Islands ranks 128th out of 214 countries with data for 2022.
- Is inflation, gdp deflator rising or falling in Northern Mariana Islands?
- Over the last ten years it is up 85.8%. The long-run trend across the full record is volatile.
- Where does this Northern Mariana 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.