Inflation, GDP deflator: linked series in Canada

Canada: Inflation, GDP deflator: linked series was 2.6% in 2025. ◆ Volatile

Latest (2025)
2.6%
Change on year
down 6.6%
World rank
139th
of 213 countries
All-time high
7.9%
in 2022
All-time low
-2.3%
in 2009
Years of data
36
1990–2025

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

-2.502.557.51990200720251990: 3.4 annual %1991: 3.1 annual %1992: 1.5 annual %1993: 1.3 annual %1994: 1.5 annual %1995: 2.3 annual %1996: 1.7 annual %1997: 1.1 annual %1998: -0.176 annual %1999: 1.9 annual %2000: 4.4 annual %2001: 1.6 annual %2002: 1.3 annual %2003: 3.2 annual %2004: 3.3 annual %2005: 3.1 annual %2006: 2.6 annual %2007: 3.3 annual %2008: 4 annual %2009: -2.3 annual %2010: 2.8 annual %2011: 3.2 annual %2012: 1.2 annual %2013: 1.7 annual %2014: 1.9 annual %2015: -0.868 annual %2016: 0.717 annual %2017: 2.6 annual %2018: 1.7 annual %2019: 1.5 annual %2020: 1.1 annual %2021: 7.8 annual %2022: 7.9 annual %2023: 1.5 annual %2024: 2.7 annual %2025: 2.6 annual %

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 139th of 213 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 136 Seychelles 2.6% compare
  2. 137 Saint Lucia 2.6% compare
  3. 138 Belgium 2.6% compare
  4. 140 Cayman Islands 2.4% compare
  5. 141 Monaco 2.4% compare
  6. 142 Indonesia 2.4% compare

See the full ranking of 213 places →

More financial sector data for Canada

All data for Canada →

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 139th out of 213 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.

Download this data

CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.