Australia Inflation
Inflation:(GDP) Gross Domestic ProductDeflator
AU: Inflation: GDP Deflator data was reported at 6.557 % in 2023. This records a decrease from the previous number of 7.123 % for 2022. AU: Inflation: GDP Deflator data is updated yearly, averaging 3.826 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 16.489 % in 1975 and a record low of -0.656 % in 2016. AU: Inflation: GDP Deflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Inflation. 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.;World Bank national accounts data, and OECD National Accounts data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 6.557 2023 | yearly | 1961 - 2023 |
View Australia's Inflation:(GDP) Gross Domestic ProductDeflator from 1961 to 2023 in the chart:
Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series
AU: Inflation: GDP Deflator: Linked Series data was reported at 7.115 % in 2022. This records an increase from the previous number of 2.801 % for 2021. AU: Inflation: GDP Deflator: Linked Series data is updated yearly, averaging 2.717 % from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 7.115 % in 2022 and a record low of -0.605 % in 2016. AU: Inflation: GDP Deflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Inflation. 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
| Last | Frequency | Range |
|---|---|---|
| 7.115 2022 | yearly | 1990 - 2022 |