Canada

CanadaGDP deflator

CA desk: Canada first; United States, United Kingdom, euro area, Australia, Korea, Taiwan and New Zealand alongside.

2.55%

−0.18 pp

As of 2025 | annual %

Mean
3.95%
Median
3.24%
Min
-2.32% 2009
Max
15.57% 1974
YearValue
20252.55%
20242.73%
20231.54%
20227.88%
20217.78%
20201.07%
20191.55%
20181.65%
20172.57%
20160.72%
2015-0.87%
20141.94%
20131.74%
20121.22%
20113.24%
20102.85%
2009-2.32%
20084.00%
20073.30%
20062.57%
20053.12%
20043.26%
20033.25%
20021.26%
#CountryGDP deflatorChangeYear
72Mexico4.63%+0.88 pp202590United Kingdom3.69%−0.24 pp202595New Zealand3.62%−0.78 pp2025114Euro area3.15%−0.24 pp2025129United States2.80%+0.32 pp2025140Canada2.55%−0.18 pp2025146Australia2.31%−0.28 pp2025

What the GDP deflator is

The GDP deflator (NY.GDP.DEFL.KD.ZG) is the annual percentage change in the price of all goods and services produced in the economy — a broad inflation measure tied to GDP, not a consumer basket. Latest: 2.55% in 2025.

It can diverge from a consumer price index when export or investment prices move differently from household prices. From 1961 to 2025 (65 years): mean 3.95%, median 3.24%; low -2.32% (2009), high 15.57% (1974).

Source: World Bank Open Data. Licence: CC BY 4.0 (terms).