Inflation, GDP deflator: linked series in Ukraine

Ukraine: Inflation, GDP deflator: linked series was 14.5% in 2025. ◆ Volatile

Latest (2025)
14.5%
Change on year
up 20.9%
World rank
20th
of 212 countries
All-time high
3,333.6%
in 1993
All-time low
4.3%
in 2013
Years of data
36
1990–2025

Inflation, GDP deflator: linked series in Ukraine, 1990–2025

01.0k2.0k3.0k1990200720251990: 16.2 annual %1991: 96.1 annual %1992: 1.8k annual %1993: 3.3k annual %1994: 953 annual %1995: 415.8 annual %1996: 66.1 annual %1997: 18.1 annual %1998: 12 annual %1999: 27.4 annual %2000: 27.5 annual %2001: 10.2 annual %2002: 5.3 annual %2003: 8.2 annual %2004: 15.3 annual %2005: 24.1 annual %2006: 14.9 annual %2007: 22.8 annual %2008: 29 annual %2009: 12.6 annual %2010: 13.7 annual %2011: 14.2 annual %2012: 8 annual %2013: 4.3 annual %2014: 15.9 annual %2015: 38.9 annual %2016: 17.1 annual %2017: 22.1 annual %2018: 15.4 annual %2019: 8.2 annual %2020: 10.3 annual %2021: 24.8 annual %2022: 34.9 annual %2023: 19.9 annual %2024: 12 annual %2025: 14.5 annual %

Source: Staff estimates, World Bank (WB). Measured in annual %.

Analysis

In 2025, inflation, gdp deflator: linked series in Ukraine stood at 14.5%.

The figure is up 20.9% on the previous year and down 62.8% over ten years.

Over the whole period, inflation, gdp deflator: linked series in Ukraine peaked at 3,333.6% in 1993 and was at its lowest, 4.3%, in 2013.

That places Ukraine 20th out of 212 countries with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Inflation, GDP deflator: linked series in Ukraine, year by year

Annual values for Inflation, GDP deflator: linked series (annual %) in Ukraine, 1990 to 2025.
Year annual % Change
1990 16.2%
1991 96.1% +491.4%
1992 1,768.2% +1739.9%
1993 3,333.6% +88.5%
1994 953.0% -71.4%
1995 415.8% -56.4%
1996 66.1% -84.1%
1997 18.1% -72.7%
1998 12.0% -33.5%
1999 27.4% +128.1%
2000 27.5% +0.4%
2001 10.2% -62.9%
2002 5.3% -48.5%
2003 8.2% +55.4%
2004 15.3% +87.5%
2005 24.1% +57.4%
2006 14.9% -38.4%
2007 22.8% +53.8%
2008 29.0% +27.0%
2009 12.6% -56.5%
2010 13.7% +8.3%
2011 14.2% +3.7%
2012 8.0% -43.7%
2013 4.3% -46.0%
2014 15.9% +269.1%
2015 38.9% +144.5%
2016 17.1% -56.0%
2017 22.1% +29.3%
2018 15.4% -30.3%
2019 8.2% -46.4%
2020 10.3% +24.8%
2021 24.8% +140.9%
2022 34.9% +40.8%
2023 19.9% -43.1%
2024 12.0% -39.8%
2025 14.5% +20.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 670.7% 12.0% 3,333.6% 10
2000s 17.0% 5.3% 29.0% 10
2010s 15.8% 4.3% 38.9% 10
2020s 19.4% 10.3% 34.9% 6

Countries ranked near Ukraine

  1. 17 South Sudan 17.7% compare
  2. 18 Ethiopia 16.7% compare
  3. 19 Yemen 14.9% compare
  4. 21 Ghana 14.4% compare
  5. 22 American Samoa 14.2% compare
  6. 23 Nigeria 13.9% compare

See the full ranking of 213 places →

More financial sector data for Ukraine

All data for Ukraine →

Frequently asked questions

What is inflation, gdp deflator: linked series in Ukraine?
Inflation, gdp deflator: linked series in Ukraine was 14.5% in 2025, according to Staff estimates, World Bank (WB).
What is the highest inflation, gdp deflator: linked series recorded in Ukraine?
The highest recorded value was 3,333.6% in 1993.
What is the lowest inflation, gdp deflator: linked series recorded in Ukraine?
The lowest recorded value was 4.3% in 2013.
How does Ukraine rank for inflation, gdp deflator: linked series?
Ukraine ranks 20th out of 212 countries with data for 2025.
Is inflation, gdp deflator: linked series rising or falling in Ukraine?
Over the last ten years it is down 62.8%. The long-run trend across the full record is volatile.
Where does this Ukraine 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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Inflation, GDP deflator: linked series in Ukraine. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 28 August 2026, from https://financial-sector.statizoid.com/stat/inflation-gdp-deflator-linked-series-annual-percent/ukraine/

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About this data

Indicator
Inflation, GDP deflator: linked series (annual %)
Unit
annual %
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 7,277 data points, 1990–2025
Last refreshed

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.