Inflation, GDP deflator in Ukraine

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

Latest (2025)
14.5%
Change on year
up 20.9%
World rank
20th
of 213 countries
All-time high
3,333.6%
in 1993
All-time low
1.7%
in 1988
Years of data
38
1988–2025

Inflation, GDP deflator in Ukraine, 1988–2025

01.0k2.0k3.0k1988200620251988: 1.7 annual %1989: 3.8 annual %1990: 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: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.

Analysis

The most recent figure for inflation, gdp deflator in Ukraine is 14.5%, measured in 2025.

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

Over the whole period, inflation, gdp deflator in Ukraine peaked at 3,333.6% in 1993 and was at its lowest, 1.7%, in 1988.

Ukraine ranks 20th of 213 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.8% 1.7% 3.8% 2
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 260 places →

More economy & growth data for Ukraine

All data for Ukraine →

Frequently asked questions

What is inflation, gdp deflator in Ukraine?
Inflation, gdp deflator in Ukraine was 14.5% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest inflation, gdp deflator recorded in Ukraine?
The highest recorded value was 3,333.6% in 1993.
What is the lowest inflation, gdp deflator recorded in Ukraine?
The lowest recorded value was 1.7% in 1988.
How does Ukraine rank for inflation, gdp deflator?
Ukraine ranks 20th out of 213 countries with data for 2025.
Is inflation, gdp deflator 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 Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.

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About this data

Indicator
Inflation, GDP deflator (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
260 places, 14,212 data points, 1961–2025
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.