Relationship between GDP and inflation over time in the United States

3 days ago
bookmarkBookmark

This scatter chart displays GDP (current US$) against inflation (annual %). The data is from the countries entity and is filtered where the country is the United States.

Analysis

Legend

There are 3 fields used on this chart (including filters):
  • country: Name of country.
  • GDP: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. This field is expressed in current US$.
  • inflation: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. This field is expressed in annual %.

Download

Filters

Use filters to adjust the scope of this chart
plus Add filter
Update

Details

This chart is based on data from: World Bank

This chart can be used under the CC BY 4.0 license

Attribution

Please use the following:

close