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Gross domestic product deflator inflation


In 2018, inflation rate (GDP deflator) in Canada was 1.9 %. In the ranking by inflation rate (GDP deflator) including 183 countries, Canada has the 125th rank that is close to the positions of such countries as Palau and the United Kingdom. Compared to Yemen which at the top of the ranking with inflation rate (GDP deflator) of 47.2 % in 2018, Canada has 95.97 % percent lower inflation rate (GDP deflator).

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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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