Euro area

Euro areaGDP deflator

Euro area desk: EMU aggregate first; Germany, France, Italy, Ireland, United Kingdom and United States alongside.

3.15%

−0.24 pp

As of 2025 | annual %

Mean
4.63%
Median
3.52%
Min
0.61% 2016
Max
13.12% 1975
YearValue
20253.15%
20243.39%
20236.69%
20226.29%
20212.56%
20201.76%
20191.99%
20181.85%
20171.44%
20160.61%
20151.12%
20140.72%
20131.14%
20121.68%
20111.67%
20100.78%
20090.87%
20083.04%
20072.75%
20063.09%
20052.53%
20042.71%
20033.17%
20023.26%
#CountryGDP deflatorChangeYear
90United Kingdom3.69%−0.24 pp2025107Netherlands3.32%−2.35 pp2025114Euro area3.15%−0.24 pp2025120Germany3.01%−0.10 pp2025124Spain2.91%+0.02 pp2025129United States2.80%+0.32 pp2025155Italy1.99%+0.03 pp2025173France1.18%−0.91 pp2025178Ireland1.02%−3.52 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: 3.15% 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 4.63%, median 3.52%; low 0.61% (2016), high 13.12% (1975).

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