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In 2018, GDP deflator in Brazil was 3 %. In the ranking by GDP deflator including 183 countries, Brazil has the 91st rank that is close to the positions of such countries as Saint Lucia and the Bhutan. Compared to Yemen which at the top of the ranking with GDP deflator of 47.2 % in 2018, Brazil has 93.59 % percent lower GDP deflator.The description is composed by our digital data assistant.
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.