Inflation, GDP deflator in OECD members
OECD members: Inflation, GDP deflator was 3.1% in 2025. ◆ Volatile
Inflation, GDP deflator in OECD members, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
In 2025, inflation, gdp deflator in OECD members stood at 3.1%.
That represents a change of down 8.5% on the previous year and up 139.1% over ten years.
Over the whole period, inflation, gdp deflator in OECD members peaked at 15.9% in 1974 and was at its lowest, 1.0%, in 2016.
OECD members ranks 32nd of 45 groups on this measure, 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 OECD members, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 3.3% | — |
| 1962 | 4.2% | +28.0% |
| 1963 | 3.4% | -19.2% |
| 1964 | 4.6% | +35.9% |
| 1965 | 4.1% | -10.7% |
| 1966 | 4.9% | +19.5% |
| 1967 | 3.2% | -34.0% |
| 1968 | 4.2% | +30.4% |
| 1969 | 4.8% | +13.9% |
| 1970 | 6.9% | +42.2% |
| 1971 | 7.2% | +4.6% |
| 1972 | 7.6% | +5.9% |
| 1973 | 9.9% | +30.6% |
| 1974 | 15.9% | +60.6% |
| 1975 | 14.5% | -9.0% |
| 1976 | 14.0% | -3.4% |
| 1977 | 11.4% | -18.6% |
| 1978 | 9.3% | -18.8% |
| 1979 | 10.1% | +8.7% |
| 1980 | 13.1% | +30.3% |
| 1981 | 11.6% | -11.3% |
| 1982 | 10.5% | -9.6% |
| 1983 | 8.2% | -22.1% |
| 1984 | 7.1% | -13.7% |
| 1985 | 5.5% | -22.2% |
| 1986 | 5.2% | -4.8% |
| 1987 | 5.9% | +13.5% |
| 1988 | 6.7% | +11.9% |
| 1989 | 6.2% | -6.8% |
| 1990 | 7.3% | +18.2% |
| 1991 | 7.9% | +8.0% |
| 1992 | 4.8% | -38.8% |
| 1993 | 4.9% | +0.4% |
| 1994 | 3.5% | -27.1% |
| 1995 | 4.6% | +28.8% |
| 1996 | 3.7% | -19.8% |
| 1997 | 2.8% | -23.6% |
| 1998 | 2.9% | +2.7% |
| 1999 | 2.1% | -28.3% |
| 2000 | 3.1% | +52.8% |
| 2001 | 3.4% | +7.8% |
| 2002 | 2.9% | -14.5% |
| 2003 | 2.6% | -8.6% |
| 2004 | 3.0% | +14.9% |
| 2005 | 2.8% | -9.5% |
| 2006 | 3.0% | +8.4% |
| 2007 | 3.0% | +0.6% |
| 2008 | 3.2% | +5.6% |
| 2009 | 1.8% | -44.1% |
| 2010 | 1.2% | -32.2% |
| 2011 | 2.0% | +65.9% |
| 2012 | 1.8% | -8.3% |
| 2013 | 1.7% | -6.9% |
| 2014 | 1.5% | -11.5% |
| 2015 | 1.3% | -12.8% |
| 2016 | 1.0% | -26.2% |
| 2017 | 1.7% | +78.2% |
| 2018 | 1.9% | +8.4% |
| 2019 | 2.4% | +25.9% |
| 2020 | 1.8% | -22.3% |
| 2021 | 2.9% | +58.0% |
| 2022 | 6.7% | +130.8% |
| 2023 | 6.3% | -6.3% |
| 2024 | 3.4% | -45.2% |
| 2025 | 3.1% | -8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.1% | 3.2% | 4.9% | 9 |
| 1970s | 10.7% | 6.9% | 15.9% | 10 |
| 1980s | 8.0% | 5.2% | 13.1% | 10 |
| 1990s | 4.4% | 2.1% | 7.9% | 10 |
| 2000s | 2.9% | 1.8% | 3.4% | 10 |
| 2010s | 1.6% | 1.0% | 2.4% | 10 |
| 2020s | 4.0% | 1.8% | 6.7% | 6 |
Countries ranked near OECD members
- 29 Uzbekistan 11.9% compare
- 30 Belarus 10.9% compare
- 31 Kazakhstan 9.6% compare
- 32 Burkina Faso 8.8% compare
- 33 Madagascar 8.4% compare
- 34 Romania 8.2% compare
- 35 Honduras 8.0% compare
More economy & growth data for OECD members
- Manufacturing, value added 7.62 trillion current US$ (2022)
- Imports of goods and services 3.8% (2025)
- Imports of goods and services 28.3% (2025)
- External balance on goods and services -0.1% (2025)
- Trade 56.9% (2024)
- Agriculture, forestry, and fishing, value added 731.26 billion constant 2015 US$ (2024)
- Trade in services 14.9% (2025)
- Industry (including construction), value added -0.8% (2024)
- Industry (including construction), value added 11.64 trillion constant 2015 US$ (2024)
- Industry (including construction), value added 12.98 trillion current US$ (2022)
Frequently asked questions
- What is inflation, gdp deflator in OECD members?
- Inflation, gdp deflator in OECD members was 3.1% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in OECD members?
- The highest recorded value was 15.9% in 1974.
- What is the lowest inflation, gdp deflator recorded in OECD members?
- The lowest recorded value was 1.0% in 2016.
- How does OECD members rank for inflation, gdp deflator?
- OECD members ranks 32nd out of 45 groups with data for 2025.
- Is inflation, gdp deflator rising or falling in OECD members?
- Over the last ten years it is up 139.1%. The long-run trend across the full record is volatile.
- Where does this OECD members 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.