Venezuela (Bolivarian Republic of) - Gross domestic product deflator inflation

40.4 (%) in 2014

In 2014, inflation rate (GDP deflator) for Venezuela (Bolivarian Republic of) was 40.4 %. Though Venezuela (Bolivarian Republic of) inflation rate (GDP deflator) fluctuated substantially in recent years, it tended to increase through 1965 - 2014 period ending at 40.4 % in 2014.

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What is inflation rate (GDP deflator)?

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.

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What is Venezuela (Bolivarian Republic of) inflation rate (GDP deflator)?