Inflation, GDP deflator: linked series in Japan
Japan: Inflation, GDP deflator: linked series was 3.4% in 2025. ◆ Volatile
Inflation, GDP deflator: linked series in Japan, 1990–2025
Source: Staff estimates, World Bank (WB). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator: linked series in Japan is 3.4%, measured in 2025.
That represents a change of up 6.9% on the previous year and up 65.1% over ten years.
Over the whole period, inflation, gdp deflator: linked series in Japan peaked at 4.6% in 2023 and was at its lowest, -1.9%, in 2010.
That places Japan 101st out of 212 countries with data for 2025, putting it 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 Japan, year by year
| Year | annual % | Change |
|---|---|---|
| 1990 | 2.5% | — |
| 1991 | 3.0% | +19.7% |
| 1992 | 1.7% | -42.5% |
| 1993 | 0.6% | -66.0% |
| 1994 | 0.3% | -53.0% |
| 1995 | -0.6% | -332.4% |
| 1996 | -0.1% | -84.4% |
| 1997 | 0.1% | -178.9% |
| 1998 | -0.2% | -328.3% |
| 1999 | -1.3% | +645.6% |
| 2000 | -1.2% | -10.8% |
| 2001 | -1.0% | -16.1% |
| 2002 | -1.4% | +37.8% |
| 2003 | -1.8% | +26.9% |
| 2004 | -1.3% | -29.0% |
| 2005 | -1.3% | +4.6% |
| 2006 | -0.9% | -28.2% |
| 2007 | -1.0% | +3.3% |
| 2008 | -0.9% | -6.9% |
| 2009 | -0.5% | -48.5% |
| 2010 | -1.9% | +308.3% |
| 2011 | -1.6% | -17.5% |
| 2012 | -0.8% | -49.5% |
| 2013 | -0.2% | -77.5% |
| 2014 | 1.7% | -1073.9% |
| 2015 | 2.1% | +19.5% |
| 2016 | 0.6% | -71.8% |
| 2017 | 0.0% | -96.3% |
| 2018 | -0.1% | -649.9% |
| 2019 | 0.8% | -756.4% |
| 2020 | 1.2% | +57.1% |
| 2021 | -0.0% | -103.6% |
| 2022 | 0.6% | -1536.4% |
| 2023 | 4.6% | +618.9% |
| 2024 | 3.2% | -29.9% |
| 2025 | 3.4% | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6% | -1.3% | 3.0% | 10 |
| 2000s | -1.1% | -1.8% | -0.5% | 10 |
| 2010s | 0.1% | -1.9% | 2.1% | 10 |
| 2020s | 2.2% | -0.0% | 4.6% | 6 |
Countries ranked near Japan
More financial sector data for Japan
- Total reserves in months of imports, annual growth rate 8.14 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 2.92 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1944 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 6,987 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 2.86 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 7,414 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 6.12 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 8,117 SDR per person (2025)
Frequently asked questions
- What is inflation, gdp deflator: linked series in Japan?
- Inflation, gdp deflator: linked series in Japan was 3.4% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest inflation, gdp deflator: linked series recorded in Japan?
- The highest recorded value was 4.6% in 2023.
- What is the lowest inflation, gdp deflator: linked series recorded in Japan?
- The lowest recorded value was -1.9% in 2010.
- How does Japan rank for inflation, gdp deflator: linked series?
- Japan ranks 101st out of 212 countries with data for 2025.
- Is inflation, gdp deflator: linked series rising or falling in Japan?
- Over the last ten years it is up 65.1%. The long-run trend across the full record is volatile.
- Where does this Japan 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.
Download this data
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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.