Of the economies in the World Bank's latest release, Argentina has the highest gross national expenditure deflator (base year varies by country) (107,789 in 2025) and Qatar the lowest (94.43 in 2020).
What this measures
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. A deflator is the ratio of an indicator in current prices over the same series in constant prices. The base year varies by country.
Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.
Ranking
| # | Economy | Latest value | Year |
|---|---|---|---|
| 1 | Argentina | 107,789 | 2025 |
| 2 | Venezuela, RB | 85,729 | 2025 |
| 3 | Lebanon | 6,138 | 2024 |
| 4 | Yemen, Rep. | 5,440 | 2018 |
| 5 | Tajikistan | 3,876 | 2024 |
| 6 | Cuba | 2,973 | 2024 |
| 7 | Congo, Dem. Rep. | 1,449 | 2025 |
| 8 | Zimbabwe | 1,192 | 2024 |
| 9 | Haiti | 642.15 | 2025 |
| 10 | Ghana | 585.98 | 2024 |
| 11 | Kazakhstan | 585.29 | 2024 |
| 12 | Ethiopia | 522.56 | 2025 |
| 13 | Angola | 420.93 | 2024 |
| 14 | Iran, Islamic Rep. | 401.96 | 2025 |
| 15 | Honduras | 391.54 | 2025 |
| 16 | São Tomé and Principe | 352.87 | 2025 |
| 17 | Ukraine | 343.94 | 2025 |
| 18 | Madagascar | 331.52 | 2025 |
| 19 | Algeria | 330.54 | 2025 |
| 20 | Romania | 314.87 | 2025 |
| 21 | Nicaragua | 307.66 | 2025 |
| 22 | Libya | 306.28 | 2025 |
| 23 | Brazil | 272.81 | 2025 |
| 24 | Sierra Leone | 265.55 | 2025 |
| 25 | Sri Lanka | 252.87 | 2025 |
| 26 | Pakistan | 246.32 | 2025 |
| 27 | Gambia, The | 245.81 | 2025 |
| 28 | Guinea | 243.91 | 2025 |
| 29 | Congo, Rep. | 227.08 | 2025 |
| 30 | Nepal | 224.67 | 2025 |
| 31 | Egypt, Arab Rep. | 217.17 | 2025 |
| 32 | Central African Republic | 213.19 | 2025 |
| 33 | Iraq | 199.59 | 2024 |
| 34 | Lesotho | 198.99 | 2025 |
| 35 | Mongolia | 191 | 2025 |
| 36 | Russian Federation | 187.78 | 2025 |
| 37 | North Macedonia | 186.26 | 2025 |
| 38 | Moldova | 182.46 | 2025 |
| 39 | Uruguay | 181.94 | 2025 |
| 40 | Tunisia | 179.3 | 2025 |
| 41 | Viet Nam | 178.01 | 2025 |
| 42 | Indonesia | 174.75 | 2025 |
| 43 | Peru | 174.26 | 2025 |
| 44 | Colombia | 172.95 | 2025 |
| 45 | Kyrgyz Republic | 169.68 | 2025 |
| 46 | Bangladesh | 163.08 | 2025 |
| 47 | Comoros | 159.26 | 2025 |
| 48 | Hungary | 159.06 | 2025 |
| 49 | South Africa | 157.3 | 2025 |
| 50 | Equatorial Guinea | 156.64 | 2025 |
| 51 | Bulgaria | 154.85 | 2025 |
| 52 | Poland | 153.71 | 2025 |
| 53 | Kenya | 153.38 | 2025 |
| 54 | Kosovo | 151.81 | 2025 |
| 55 | Montenegro | 150.81 | 2025 |
| 56 | Lithuania | 149.73 | 2025 |
| 57 | Armenia | 148.65 | 2025 |
| 58 | Chile | 147.71 | 2025 |
| 59 | Paraguay | 146.32 | 2025 |
| 60 | Dominican Republic | 145.99 | 2025 |
| 61 | Namibia | 143.95 | 2025 |
| 62 | Guatemala | 142.4 | 2025 |
| 63 | Bhutan | 140.97 | 2024 |
| 64 | Georgia | 140.13 | 2025 |
| 65 | Samoa | 139.75 | 2025 |
| 66 | Tanzania | 139.69 | 2025 |
| 67 | Botswana | 139.13 | 2024 |
| 68 | West Bank and Gaza | 138.6 | 2025 |
| 69 | Estonia | 138.29 | 2025 |
| 70 | Mauritius | 138.26 | 2025 |
| 71 | Tonga | 137.5 | 2024 |
| 72 | Mexico | 137.02 | 2025 |
| 73 | Kuwait | 136.44 | 2024 |
| 74 | Guinea-Bissau | 136.36 | 2025 |
| 75 | Slovak Republic | 135.89 | 2025 |
| 76 | Iceland | 134.83 | 2025 |
| 77 | Serbia | 134.41 | 2025 |
| 78 | Latvia | 132.88 | 2025 |
| 79 | Croatia | 132.75 | 2025 |
| 80 | Czechia | 132.07 | 2025 |
| 81 | Kiribati | 130.48 | 2024 |
| 82 | Belarus | 130.01 | 2025 |
| 83 | Slovenia | 128.76 | 2025 |
| 84 | Mauritania | 128.36 | 2025 |
| 85 | Eswatini | 127.84 | 2024 |
| 86 | Uganda | 127.45 | 2025 |
| 87 | Bosnia and Herzegovina | 127.43 | 2025 |
| 88 | Cameroon | 127.34 | 2025 |
| 89 | Marshall Islands | 126.52 | 2024 |
| 90 | Belgium | 126.35 | 2025 |
| 91 | Netherlands | 126.1 | 2025 |
| 92 | Palau | 125.97 | 2024 |
| 93 | Somalia, Fed. Rep. | 125.78 | 2025 |
| 94 | Maldives | 125.47 | 2024 |
| 95 | Austria | 125.28 | 2025 |
| 96 | Philippines | 124.68 | 2025 |
| 97 | Ireland | 123.96 | 2025 |
| 98 | Germany | 123.92 | 2025 |
| 99 | Mozambique | 123.82 | 2025 |
| 100 | El Salvador | 123.62 | 2025 |
| 101 | Niger | 123.56 | 2025 |
| 102 | Luxembourg | 122.98 | 2025 |
| 103 | Portugal | 122.82 | 2025 |
| 104 | Greenland | 122.54 | 2023 |
| 105 | United Kingdom | 122.39 | 2025 |
| 106 | Sweden | 122.37 | 2025 |
| 107 | Bermuda | 122.14 | 2024 |
| 108 | New Zealand | 122.13 | 2024 |
| 109 | Malta | 121.59 | 2025 |
| 110 | Norway | 121.48 | 2025 |
| 111 | Canada | 121.23 | 2025 |
| 112 | Seychelles | 121.07 | 2025 |
| 113 | Puerto Rico (US) | 121.02 | 2025 |
| 114 | Cambodia | 120.74 | 2025 |
| 115 | Burkina Faso | 120.41 | 2025 |
| 116 | Israel | 120.4 | 2025 |
| 117 | Spain | 120.13 | 2025 |
| 118 | Singapore | 119.82 | 2025 |
| 119 | Cyprus | 118.7 | 2025 |
| 120 | Morocco | 118.54 | 2025 |
| 121 | Greece | 118.38 | 2025 |
| 122 | Denmark | 118.31 | 2025 |
| 123 | Belize | 118.19 | 2024 |
| 124 | Timor-Leste | 118.01 | 2024 |
| 125 | United States | 117.98 | 2024 |
| 126 | Albania | 117.76 | 2024 |
| 127 | Benin | 117.25 | 2025 |
| 128 | Solomon Islands | 117.06 | 2024 |
| 129 | Cabo Verde | 116.99 | 2025 |
| 130 | Italy | 116.59 | 2025 |
| 131 | Korea, Rep. | 116.18 | 2025 |
| 132 | Finland | 115.98 | 2025 |
| 133 | Mali | 115.71 | 2025 |
| 134 | Côte d'Ivoire | 114.77 | 2025 |
| 135 | Togo | 114.69 | 2023 |
| 136 | France | 114.39 | 2025 |
| 137 | Malaysia | 113.81 | 2025 |
| 138 | Chad | 113.53 | 2025 |
| 139 | Bahrain | 113.24 | 2024 |
| 140 | Bolivia | 113.17 | 2024 |
| 141 | Senegal | 113.14 | 2025 |
| 142 | Lao PDR | 112.74 | 2016 |
| 143 | Bahamas, The | 112.22 | 2024 |
| 144 | Gabon | 111.22 | 2025 |
| 145 | Japan | 110.61 | 2024 |
| 146 | Djibouti | 110.08 | 2025 |
| 147 | Ecuador | 109.75 | 2025 |
| 148 | India | 109.09 | 2025 |
| 149 | Rwanda | 106.88 | 2025 |
| 150 | Oman | 106.87 | 2024 |
| 151 | China | 106.38 | 2024 |
| 152 | Switzerland | 105.79 | 2025 |
| 153 | Panama | 105.17 | 2024 |
| 154 | Saudi Arabia | 102.44 | 2025 |
| 155 | United Arab Emirates | 102.18 | 2023 |
| 156 | Brunei Darussalam | 100.98 | 2025 |
| 157 | Macao SAR, China | 100.1 | 2025 |
| 158 | Vanuatu | 100 | 2024 |
| 159 | Costa Rica | 97.48 | 2025 |
| 160 | Qatar | 94.43 | 2020 |
More economic policy & debt indicators
- Trade in services (% of GDP)
- Communications, computer, etc. (% of service imports, BoP)
- Primary income payments (BoP, current US$)
- Imports of goods and services (current US$, BoP)
- Insurance and financial services (% of service imports, BoP)
- Goods imports (current US$, BoP)
- Service imports (current US$, BoP)
- Charges for the use of intellectual property, payments (BoP, current US$)
- Imports of goods, services and primary income (current US$, BoP)
- Transport services (% of service imports, BoP)
- Travel services (% of service imports, BoP)
- Foreign direct investment, net outflows (BoP, current US$)
Reading data like this
Source
World Bank, World Development Indicators, NE.DAB.DEFL.ZS, CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.
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