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.
| 1970 | 1990 | 2000 | 2005 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Luxembourg | 15.0 | 2.5 | 4.6 | 4.8 | 4.6 | 3.4 | 3.3 | 2.3 | 2.8 | 2.2 | -1.1 | 2.1 | 1.8 | 0.9 | 3.9 | 5.9 | 6.2 | 6.3 | 5.2 |
| Netherlands | 5.6 | 1.6 | 3.3 | 2.0 | 0.7 | 0.2 | 1.3 | 1.1 | 0.3 | 0.9 | 0.6 | 1.4 | 2.5 | 3.0 | 2.4 | 2.7 | 6.2 | 7.3 | 5.2 |
| Belgium | 4.5 | 2.8 | 2.0 | 2.1 | 1.7 | 2.3 | 2.2 | 1.4 | 0.8 | 1.1 | 1.9 | 2.0 | 1.7 | 1.9 | 1.6 | 2.7 | 6.8 | 4.5 | 1.9 |