Least developed countries: UN classification: Inflation, GDP deflator (annual % growth)

Key figures

What the numbers say

In 2025, Least developed countries: UN classification's inflation, GDP deflator (annual % growth) fell 1.85 percentage points on 2024 (from 6.64% to 4.78%).

Across the 30 yearly changes before that (1995 to 2024), the average change was −0.52 percentage points and a typical year strayed about 2.93 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations below 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 11.03 percentage points in 1994 and the biggest yearly fall was 9.51 percentage points in 1995. 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 0.29 percentage points a year. A straight line explains 37% 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

See how every economy compares in the full ranking.

What this measures

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.

Regional and income-group figures are computed by the World Bank as a median.

All 65 values

Inflation, GDP deflator (annual % growth) in nearby economies

• Afghanistan — -8.31% (2024)
• Algeria — 0.78% (2025)
• Bahrain — 0.23% (2025)
• Djibouti — 4.58% (2025)
• Egypt, Arab Rep. — 24.96% (2025)
• Iran, Islamic Rep. — 28.78% (2025)
• Iraq — -7.03% (2025)
• Israel — 2.09% (2025)
• Jordan — 2.21% (2025)
• Kuwait — -4.97% (2025)

More financial sector data for Least developed countries: UN classification

• Domestic credit to private sector by banks (% of GDP) — 30.32% (2025)
• Monetary sector credit to private sector (% of GDP) — 30.43% (2025)
• Claims on central government, etc. (% of GDP) — 12.23% (2025)
• Broad money (% of GDP) — 44.96% (2024)
• Domestic credit to private sector (% of GDP) — 31.16% (2024)
• Inflation, consumer prices (annual % growth) — 3.47% (2025)
• Stocks traded, turnover ratio of domestic shares (%) — 12.74% (2024)
• Bank liquid reserves to bank assets ratio (%)

Reading data like this

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Questions people ask

What is Least developed countries: UN classification's inflation, GDP deflator (annual % growth)?

4.78% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1961?

It is up 2.21 percentage points from 2.58% in 1961. The highest value was 22.21% in 1994 and the lowest 0.67% in 1967.

Is the latest change in inflation, GDP deflator (annual % growth) unusual for Least developed countries: UN classification?

In 2025, Least developed countries: UN classification's inflation, GDP deflator (annual % growth) fell 1.85 percentage points on 2024 (from 6.64% to 4.78%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.52 percentage points and a typical year strayed about 2.93 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations below 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.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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