Azerbaijan - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Azerbaijan was 248.98 as of 2020. Its highest value over the past 30 years was 270.06 in 2018, while its lowest value was 0.00 in 1990.

Definition: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 0.00
1991 0.00
1992 0.05
1993 0.46
1994 6.88
1995 44.42
1996 56.15
1997 61.34
1998 60.75
1999 62.07
2000 69.82
2001 71.58
2002 74.59
2003 79.78
2004 87.17
2005 100.00
2006 111.30
2007 134.71
2008 172.13
2009 139.69
2010 158.61
2011 194.34
2012 199.94
2013 200.83
2014 198.25
2015 180.70
2016 207.22
2017 240.73
2018 270.06
2019 269.41
2020 248.98

Statistical Concept and Methodology: Inflation is measured by the rate of increase in a price index, but actual price change can be negative. The index used depends on the prices being examined. The GDP deflator reflects price changes for total GDP. The most general measure of the overall price level, it accounts for changes in government consumption, capital formation (including inventory appreciation), international trade, and the main component, household final consumption expenditure. The GDP deflator is usually derived implicitly as the ratio of current to constant price GDP - or a Paasche index. It is defective as a general measure of inflation for policy use because of long lags in deriving estimates and because it is often an annual measure.

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices