NCL GDP deflator 2024: Interactive Chart & Historical Data

Current rate: 111.78 index (2024-01-01)

GDP deflator (measured in index) is a key measure of price stability and purchasing power in NCL. It reflects how the cost of goods and services changes over time, influencing central bank policy, interest rates, and household budgets. Economists and policymakers track inflation indicators to gauge economic health, anticipate monetary tightening or easing, and assess real wage growth. In NCL, GDP deflator is closely watched by businesses planning pricing strategies and investors evaluating bond market returns. Understanding inflation trends helps consumers make informed decisions about savings, mortgages, and long-term financial planning. The most recent data point shows 111.78 index as of 2024-01-01. This dataset spans 1965–2024, covering 44 annual observations. Data is sourced from World Bank and updated regularly on EconDash. Use EconDash's interactive chart to explore historical inflation trends, compare GDP deflator across multiple countries, and download data for further analysis.