Japan

JapanGDP deflator

JP desk: Japan first; United States, China, Korea, Taiwan, euro area, United Kingdom and Australia alongside.

3.42%

+0.22 pp

As of 2025 | annual %

Mean
2.53%
Median
1.34%
Min
-1.90% 2010
Max
20.81% 1974
YearValue
20253.42%
20243.20%
20234.57%
20220.64%
2021-0.04%
20201.23%
20190.78%
2018-0.12%
20170.02%
20160.59%
20152.07%
20141.73%
2013-0.18%
2012-0.79%
2011-1.57%
2010-1.90%
2009-0.47%
2008-0.90%
2007-0.97%
2006-0.94%
2005-1.31%
2004-1.25%
2003-1.77%
2002-1.39%
#CountryGDP deflatorChangeYear
90United Kingdom3.69%−0.24 pp2025102Japan3.42%+0.22 pp2025114Euro area3.15%−0.24 pp2025116Korea, Rep.3.13%−0.94 pp2025129United States2.80%+0.32 pp2025146Australia2.31%−0.28 pp2025
197China-0.92%−0.16 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: 3.42% 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 2.53%, median 1.34%; low -1.90% (2010), high 20.81% (1974).

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