Inflation, GDP deflator in Upper middle income
Upper middle income: Inflation, GDP deflator was 3.3% in 2025. ◆ Volatile
Inflation, GDP deflator in Upper middle income, 1966–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
Upper middle income recorded 3.3% for inflation, gdp deflator in 2025.
Compared with earlier readings it is down 21.3% on the previous year and up 64.6% over ten years.
Over the whole period, inflation, gdp deflator in Upper middle income peaked at 23.6% in 1974 and was at its lowest, 1.4%, in 2020.
That places Upper middle income 28th out of 45 groups with data for 2025, 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 Upper middle income, year by year
| Year | annual % | Change |
|---|---|---|
| 1966 | 3.4% | — |
| 1967 | 3.1% | -8.2% |
| 1968 | 3.1% | +0.6% |
| 1969 | 3.3% | +6.1% |
| 1970 | 4.7% | +40.7% |
| 1971 | 5.9% | +26.7% |
| 1972 | 7.0% | +17.1% |
| 1973 | 14.5% | +108.4% |
| 1974 | 23.6% | +62.7% |
| 1975 | 9.6% | -59.2% |
| 1976 | 10.0% | +3.7% |
| 1977 | 10.5% | +5.4% |
| 1978 | 9.3% | -11.2% |
| 1979 | 14.8% | +58.2% |
| 1980 | 17.0% | +15.1% |
| 1981 | 8.8% | -48.0% |
| 1982 | 7.4% | -16.3% |
| 1983 | 7.6% | +2.9% |
| 1984 | 8.5% | +11.8% |
| 1985 | 4.7% | -44.7% |
| 1986 | 4.6% | -2.7% |
| 1987 | 7.8% | +69.1% |
| 1988 | 7.3% | -5.5% |
| 1989 | 8.4% | +14.7% |
| 1990 | 10.6% | +25.9% |
| 1991 | 16.0% | +51.4% |
| 1992 | 9.3% | -42.0% |
| 1993 | 13.5% | +45.1% |
| 1994 | 16.0% | +18.4% |
| 1995 | 10.2% | -36.2% |
| 1996 | 8.7% | -14.9% |
| 1997 | 6.6% | -24.0% |
| 1998 | 5.5% | -16.4% |
| 1999 | 6.7% | +20.6% |
| 2000 | 7.5% | +13.0% |
| 2001 | 5.7% | -24.2% |
| 2002 | 4.6% | -19.0% |
| 2003 | 5.4% | +16.0% |
| 2004 | 7.5% | +40.4% |
| 2005 | 6.8% | -9.2% |
| 2006 | 8.5% | +24.6% |
| 2007 | 6.8% | -20.6% |
| 2008 | 9.3% | +37.9% |
| 2009 | 2.2% | -76.7% |
| 2010 | 6.1% | +182.5% |
| 2011 | 6.7% | +10.1% |
| 2012 | 4.0% | -40.3% |
| 2013 | 2.7% | -34.0% |
| 2014 | 2.5% | -7.2% |
| 2015 | 2.0% | -18.4% |
| 2016 | 2.6% | +31.4% |
| 2017 | 3.7% | +38.8% |
| 2018 | 3.5% | -5.1% |
| 2019 | 2.3% | -34.8% |
| 2020 | 1.4% | -39.3% |
| 2021 | 6.1% | +342.8% |
| 2022 | 8.9% | +45.1% |
| 2023 | 4.7% | -47.3% |
| 2024 | 4.2% | -10.0% |
| 2025 | 3.3% | -21.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.2% | 3.1% | 3.4% | 4 |
| 1970s | 11.0% | 4.7% | 23.6% | 10 |
| 1980s | 8.2% | 4.6% | 17.0% | 10 |
| 1990s | 10.3% | 5.5% | 16.0% | 10 |
| 2000s | 6.4% | 2.2% | 9.3% | 10 |
| 2010s | 3.6% | 2.0% | 6.7% | 10 |
| 2020s | 4.8% | 1.4% | 8.9% | 6 |
Countries ranked near Upper middle income
- 25 Somalia 12.9% compare
- 26 Myanmar 12.5% compare
- 27 Kyrgyzstan 12.4% compare
- 28 Sao Tome and Principe 11.9% compare
- 29 Uzbekistan 11.9% compare
- 30 Belarus 10.9% compare
- 31 Kazakhstan 9.6% compare
More economy & growth data for Upper middle income
- Final consumption expenditure 20.18 trillion constant 2015 US$ (2025)
- Services, value added 4.7% (2025)
- Services, value added 17.72 trillion constant 2015 US$ (2025)
- Households and NPISHs final consumption expenditure 48.8% (2024)
- Final consumption expenditure 20.74 trillion current US$ (2024)
- Gross national expenditure 31.54 trillion current US$ (2024)
- Exports of goods and services 8.68 trillion current US$ (2025)
- Gross national expenditure 30.33 trillion constant 2015 US$ (2025)
- Households and NPISHs Final consumption expenditure per capita growth 4.1% (2024)
- Final consumption expenditure 3.9% (2025)
Frequently asked questions
- What is inflation, gdp deflator in Upper middle income?
- Inflation, gdp deflator in Upper middle income was 3.3% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Upper middle income?
- The highest recorded value was 23.6% in 1974.
- What is the lowest inflation, gdp deflator recorded in Upper middle income?
- The lowest recorded value was 1.4% in 2020.
- How does Upper middle income rank for inflation, gdp deflator?
- Upper middle income ranks 28th out of 45 groups with data for 2025.
- Is inflation, gdp deflator rising or falling in Upper middle income?
- Over the last ten years it is up 64.6%. The long-run trend across the full record is volatile.
- Where does this Upper middle income 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.