Argentina: GDP deflator (base year varies by country)

Key figures

What the numbers say

In 2025, Argentina's GDP deflator (base year varies by country) rose 39.1% on 2024 (from 82,458 to 114,690).

Across the 30 yearly changes before that (1995 to 2024), the average change was +32% and a typical year strayed about 43.2% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 3,046.1% in 1989 and the biggest yearly fall was 3.6% in 1993. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 10,541 a year. A straight line explains 64% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Argentina had the 3rd highest value of the 186 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Argentina in the 2025 ranking

• Sudan — 1st of 186: 1.09 million
• Venezuela, RB — 3rd of 186: 97,055
• Türkiye — 4th of 186: 2,603
• Zimbabwe — 5th of 186: 2,193

What this measures

The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This indicator is expressed as a ratio (a÷b).

All 66 values

GDP deflator (base year varies by country) in nearby economies

• Antigua and Barbuda — 128.1 (2025)
• Aruba — 117.52 (2024)
• Bahamas, The — 112.22 (2024)
• Barbados — 104.55 (2025)
• Belize — 123.17 (2025)
• Bolivia — 135.88 (2025)
• Brazil — 269.14 (2025)
• Cayman Islands — 123.6 (2024)
• Chile — 157.66 (2025)
• Colombia — 181.44 (2025)

More financial sector data for Argentina

• Domestic credit to private sector by banks (% of GDP) — 15.83% (2025)
• Monetary sector credit to private sector (% of GDP) — 15.83% (2025)
• Broad money (current LCU) — 222.74 trillion (2025)
• Broad money (% of GDP) — 26.28% (2025)
• Broad money to total reserves ratio — 4.38 (2025)
• Claims on central government, etc. (% of GDP) — 23% (2025)
• DEC alternative conversion factor (LCU per US$) — US$1,241 (2025)
• Claims on central government (annual growth as % of broad money) — 36.7% (2025)
• Net foreign assets (current LCU) — 28.45 trillion (2025)

Reading data like this

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Questions people ask

What is Argentina's GDP deflator (base year varies by country)?

114,690 in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 159,536.25 trillion% from 0.0000000000719 in 1960 (71.35% a year on average, compounded). The highest value was 114,690 in 2025 and the lowest 0.0000000000719 in 1960.

How does Argentina rank?

3rd highest of 186 economies with data for 2025.

Is the latest change in GDP deflator (base year varies by country) unusual for Argentina?

In 2025, Argentina's GDP deflator (base year varies by country) rose 39.1% on 2024 (from 82,458 to 114,690). Across the 30 yearly changes before that (1995 to 2024), the average change was +32% and a typical year strayed about 43.2% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NY.GDP.DEFL.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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