Inflation, GDP deflator: linked series in Canada
Canada: Inflation, GDP deflator: linked series was 2.6% in 2025. ◆ Volatile
Inflation, GDP deflator: linked series in Canada, 1990–2025
Source: Staff estimates, World Bank (WB). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator: linked series in Canada is 2.6%, measured in 2025.
Compared with earlier readings it is down 6.6% on the previous year and up 394.2% over ten years.
Over the whole period, inflation, gdp deflator: linked series in Canada peaked at 7.9% in 2022 and was at its lowest, -2.3%, in 2009.
Canada ranks 138th of 212 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator: linked series in Canada, year by year
| Year | annual % | Change |
|---|---|---|
| 1990 | 3.4% | — |
| 1991 | 3.1% | -8.8% |
| 1992 | 1.5% | -51.9% |
| 1993 | 1.3% | -12.4% |
| 1994 | 1.5% | +12.9% |
| 1995 | 2.3% | +55.5% |
| 1996 | 1.7% | -26.0% |
| 1997 | 1.1% | -31.7% |
| 1998 | -0.2% | -115.4% |
| 1999 | 1.9% | -1190.6% |
| 2000 | 4.4% | +127.3% |
| 2001 | 1.6% | -64.0% |
| 2002 | 1.3% | -20.1% |
| 2003 | 3.2% | +158.4% |
| 2004 | 3.3% | +0.3% |
| 2005 | 3.1% | -4.4% |
| 2006 | 2.6% | -17.5% |
| 2007 | 3.3% | +28.3% |
| 2008 | 4.0% | +21.2% |
| 2009 | -2.3% | -158.2% |
| 2010 | 2.8% | -222.5% |
| 2011 | 3.2% | +13.9% |
| 2012 | 1.2% | -62.5% |
| 2013 | 1.7% | +42.9% |
| 2014 | 1.9% | +11.6% |
| 2015 | -0.9% | -144.7% |
| 2016 | 0.7% | -182.6% |
| 2017 | 2.6% | +258.6% |
| 2018 | 1.7% | -35.8% |
| 2019 | 1.5% | -6.3% |
| 2020 | 1.1% | -30.8% |
| 2021 | 7.8% | +627.1% |
| 2022 | 7.9% | +1.3% |
| 2023 | 1.5% | -80.4% |
| 2024 | 2.7% | +76.9% |
| 2025 | 2.6% | -6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.7% | -0.2% | 3.4% | 10 |
| 2000s | 2.4% | -2.3% | 4.4% | 10 |
| 2010s | 1.7% | -0.9% | 3.2% | 10 |
| 2020s | 3.9% | 1.1% | 7.9% | 6 |
Countries ranked near Canada
- 135 Seychelles 2.6% compare
- 136 Saint Lucia 2.6% compare
- 137 Belgium 2.6% compare
- 139 Cayman Islands 2.4% compare
- 140 Monaco 2.4% compare
- 141 Indonesia 2.4% compare
More financial sector data for Canada
- Net domestic credit (current LCU), per capita 85,674 current LCU per person (2008)
- Net domestic credit (current LCU), per unit of GDP 1.83 current LCU per US$ of GDP (2008)
- Net domestic credit (current LCU), annual growth rate 20.77 % change on previous year (2008)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 71.85 billion SDR (2025)
- Reserves excluding gold 91.73 billion SDR (2025)
- Total reserves (gold at market value) 91.73 billion SDR (2025)
- Total reserves (gold at national valuation) 91.73 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,202 SDR per person (2025)
Frequently asked questions
- What is inflation, gdp deflator: linked series in Canada?
- Inflation, gdp deflator: linked series in Canada was 2.6% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest inflation, gdp deflator: linked series recorded in Canada?
- The highest recorded value was 7.9% in 2022.
- What is the lowest inflation, gdp deflator: linked series recorded in Canada?
- The lowest recorded value was -2.3% in 2009.
- How does Canada rank for inflation, gdp deflator: linked series?
- Canada ranks 138th out of 212 countries with data for 2025.
- Is inflation, gdp deflator: linked series rising or falling in Canada?
- Over the last ten years it is up 394.2%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.
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About this data
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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.