Home European Union GDP Deflator 1998

European Union - GDP Deflator 1998

Inflation as measured by annual growth rate of GDP implicit deflator · World Bank
3.31% −0.57pp from 1997 Global rank: 88th

European Union's gdp deflator was 3.31% in 1998, decreased +0.57pp from 3.89% in 1997. This was the 88th highest globally.

Global Ranking - 1998
GDP Deflator by Country - 1998
RankCountryValueYoY
1st Equatorial Guinea -31.57% -140.1%
2nd Zimbabwe -27.05% -839.9%
3rd Qatar -18.38% -350.7%
4th Congo, Republic of -18.22% -467.0%
5th Gabon -17.79% -1,979.1%
6th Kuwait -17.16% -263.8%
7th Iraq -15.95% -117.4%
8th Brunei Darussalam -13.99% -2,110.3%
9th Saudi Arabia -13.86% -827.9%
10th Oman -11.00% -392.4%
11th Yemen, Republic of -8.34% -162.8%
12th Bahrain -7.06% -857.5%
13th Liberia -6.67% 33.4%
14th Libya -6.63% -163.7%
15th West Bank and Gaza -5.37% -40.1%
16th United Arab Emirates -4.25% -346.8%
17th Ecuador -3.78% -154.0%
18th Algeria -3.13% -144.7%
19th Bosnia and Herzegovina -2.44% -121.9%
20th Luxembourg -2.03% -177.6%
21st Macao SAR, China -1.95% -217.7%
22nd Mongolia -1.93% -108.9%
23rd Trinidad and Tobago -1.86% 47.6%
24th Montenegro -1.83% -
25th Argentina -1.71% -267.6%
26th Singapore -1.33% -222.5%
27th Maldives -1.14% -127.8%
28th Azerbaijan -0.97% -110.4%
29th China -0.83% -149.9%
30th Syrian Arab Republic -0.72% -126.0%
31st Norway -0.69% -124.9%
32nd Central African Republic -0.41% -150.3%
33rd Cabo Verde -0.34% 59.8%
34th Switzerland -0.19% 60.3%
35th Canada -0.18% -115.4%
36th Japan -0.03% -105.3%
37th Liechtenstein 0.01% -97.2%
38th Austria 0.48% -61.8%
39th Germany 0.69% 375.8%
40th Chile 0.78% -76.6%
41st Sweden 0.87% -42.1%
42nd Monaco 0.90% -11.1%
43rd France 0.91% 3.9%
44th Greenland 0.98% 97.0%
45th New Zealand 1.05% -32.7%
46th Cameroon 1.07% -82.7%
47th Panama 1.07% -30.2%
48th United States 1.12% -34.8%
49th Australia 1.14% -10.3%
50th Hong Kong SAR, China 1.22% -78.8%
51st Denmark 1.23% -38.8%
52nd Cuba 1.30% 196.0%
53rd United Kingdom 1.33% 3,579.0%
54th Comoros 1.36% 33.9%
55th Malta 1.38% 75.9%
56th North Macedonia 1.39% -64.6%
57th Andorra 1.50% -32.7%
58th Palau 1.60% -29.9%
59th Grenada 1.74% -2.6%
60th Belgium 1.81% 138.3%
61st San Marino 1.83% -
62nd Cyprus 1.97% -12.1%
63rd Netherlands 2.07% -23.2%
64th Honduras 2.13% -59.6%
65th Rwanda 2.23% -85.7%
66th Italy 2.37% -6.9%
67th Egypt, Arab Republic of 2.38% -75.9%
68th Isle of Man 2.39% -9.7%
69th St. Lucia 2.43% -15.4%
70th Belize 2.44% 261.2%
71st Dominica 2.54% 75.8%
72nd Spain 2.63% 6.9%
73rd Antigua and Barbuda 2.68% 5.9%
74th Marshall Islands 2.68% -55.0%
75th Tuvalu 2.74% 310.0%
76th Bermuda 2.74% -31.9%
77th Senegal 2.78% 40.5%
78th St. Kitts and Nevis 2.80% -43.0%
79th Tonga 2.83% 2,496.1%
80th Guyana 2.97% 105.8%
81st Micronesia, Federated States of 3.01% 369.7%
82nd Bahamas, The 3.05% -95.8%
83rd French Polynesia 3.06% -3.8%
84th Finland 3.10% 48.8%
85th St. Vincent and the Grenadines 3.21% 136.3%
86th Tunisia 3.27% -76.8%
87th Lithuania 3.31% -70.9%
88th European Union 3.31% -14.7%
89th Guinea 3.32% 131.8%
90th Samoa 3.41% -71.2%
91st Portugal 3.83% -1.5%
92nd Timor-Leste 3.88% 1,578.0%
93rd Nauru 3.93% -35.7%
94th Lebanon 4.02% -65.2%
95th Nepal 4.11% -43.6%
96th El Salvador 4.23% 25.0%
97th Korea 4.50% 16.5%
98th Vanuatu 4.59% 44.6%
99th Latvia 4.67% -19.3%
100th Iceland 4.68% 68.0%
101st Bangladesh 4.74% 24.6%
102nd Brazil 4.92% -36.3%
103rd Slovak Republic 5.00% 5.8%
104th Benin 5.23% 42.6%
105th Greece 5.28% -20.2%
106th Peru 5.37% -26.3%
107th Côte d'Ivoire 5.39% 37.4%
108th Gambia, The 5.41% 190.7%
109th Kiribati 5.64% 116.0%
110th Kazakhstan 5.66% -64.9%
111th Jordan 6.00% 382.1%
112th Nigeria 6.01% 18.9%
113th Niger 6.08% -13.1%
114th Mozambique 6.16% -41.6%
115th Madagascar 6.21% 38.2%
116th Puerto Rico (US) 6.36% 377.4%
117th Dominican Republic 6.51% -31.0%
118th Ireland 6.55% 66.8%
119th Aruba 6.59% 78.0%
120th Chad 6.75% 78.4%
121st Israel 6.78% -17.7%
122nd Estonia 6.89% -30.5%
123rd Kenya 6.93% -39.4%
124th Georgia 6.94% 6.2%
125th Mauritius 6.96% 36.0%
126th Bolivia, Plurinational State of 7.05% 23.6%
127th Eswatini 7.41% -34.7%
128th Slovenia 7.41% -10.7%
129th Fiji 7.45% 126.4%
130th Pakistan 7.53% -43.8%
131st Albania 7.86% -38.4%
132nd Burkina Faso 7.94% 410.2%
133rd India 8.01% 23.7%
134th Thailand 8.06% 82.4%
135th South Africa 8.08% -0.8%
136th Mali 8.08% 29,482.9%
137th Croatia 8.18% 18.7%
138th Namibia 8.27% 16.3%
139th Malaysia 8.50% 144.1%
140th Barbados 8.70% 849.2%
141st Uganda 8.79% 183.8%
142nd Viet Nam 8.84% 34.0%
143rd Kyrgyz Republic 9.08% -53.0%
144th Eritrea 9.11% 133.7%
145th Sri Lanka 9.21% 3.2%
146th Iran, Islamic Republic of 9.38% -39.6%
147th Moldova 9.46% -24.3%
148th Guatemala 9.50% 15.1%
149th Togo 9.56% 369.4%
150th Czechia 9.84% 17.8%
151st Lesotho 9.92% 10.0%
152nd Botswana 9.97% 99.7%
153rd Guinea-Bissau 10.34% -69.7%
154th Cambodia 10.36% 72.5%
155th Philippines 10.41% 66.2%
156th Seychelles 10.41% 1,090.4%
157th Jamaica 10.58% 10.1%
158th Bhutan 10.70% -17.1%
159th Armenia 10.70% -39.7%
160th Poland 11.05% -19.4%
161st Solomon Islands 11.15% 31.6%
162nd Burundi 11.45% -64.7%
163rd Morocco 11.66% 1,534.0%
164th Costa Rica 11.94% -18.7%
165th Ukraine 12.01% -33.5%
166th Uruguay 12.38% -54.9%
167th New Caledonia 12.83% 523.3%
168th Hungary 13.76% -32.1%
169th Nicaragua 14.03% 43.5%
170th Haiti 14.16% 11.2%
171st Tanzania 14.22% -30.9%
172nd Papua New Guinea 14.54% 72.6%
173rd Colombia 14.77% -12.3%
174th Mexico 15.72% -11.4%
175th São Tomé and Principe 16.00% -59.1%
176th Paraguay 16.26% 376.7%
177th Zambia 16.91% -33.4%
178th Ghana 17.05% -12.4%
179th Suriname 17.21% 1,052.3%
180th Turkmenistan 17.62% -71.5%
181st Sudan 17.66% -53.4%
182nd Mauritania 18.45% 52.8%
183rd Russian Federation 18.54% 23.1%
184th Malawi 19.55% -6.2%
185th Somalia, Fed. Rep. 21.96% -34.7%
186th Sierra Leone 23.78% 955.4%
187th Serbia 24.58% 37.3%
188th Congo, Democratic Republic of 26.94% -86.0%
189th Bulgaria 33.95% -96.3%
190th Myanmar 35.83% 6.0%
191st Uzbekistan 39.00% -41.0%
192nd Angola 39.36% -58.8%
193rd Romania 48.13% -64.4%
194th Indonesia 75.27% 498.8%
195th Türkiye 76.27% -8.2%
196th Belarus 76.58% 6.9%
197th Lao PDR 84.50% 336.7%
198th Tajikistan 87.88% 34.7%

FAQ

What was European Union's gdp deflator in 1998?

European Union's gdp deflator in 1998 was 3.31%. This ranked 88th globally.

How did European Union's gdp deflator change in 1998?

European Union's gdp deflator decreased by 14.7% in 1998 compared to 1997.

Which country had the highest gdp deflator in 1998?

Tajikistan had the highest gdp deflator in 1998 at 87.88%.

What is the gdp deflator of European Union in 1998?

The gdp deflator of European Union in 1998 was 3.31%. This ranked 88th globally.

How does 1998 compare to 1997 for European Union's gdp deflator?

European Union's gdp deflator went from 3.89% in 1997 to 3.31% in 1998, a 14.7% decrease.