Belize - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Belize was 131.85 as of 2020. Its highest value over the past 60 years was 137.37 in 2019, while its lowest value was 23.17 in 1960.

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
1960 23.17
1961 23.58
1962 23.90
1963 24.13
1964 24.64
1965 26.02
1966 27.53
1967 28.39
1968 28.86
1969 28.92
1970 31.06
1971 32.63
1972 32.23
1973 36.95
1974 44.98
1975 52.57
1976 53.18
1977 54.37
1978 58.37
1979 60.46
1980 69.50
1981 68.08
1982 63.32
1983 68.23
1984 74.67
1985 73.32
1986 76.40
1987 83.72
1988 86.84
1989 88.61
1990 88.77
1991 85.94
1992 89.43
1993 90.91
1994 94.18
1995 99.88
1996 101.84
1997 100.33
1998 101.82
1999 99.53
2000 100.00
2001 99.69
2002 101.42
2003 98.61
2004 100.60
2005 103.48
2006 108.39
2007 113.28
2008 116.32
2009 113.14
2010 114.84
2011 119.52
2012 121.65
2013 124.55
2014 126.39
2015 127.15
2016 132.19
2017 134.86
2018 135.09
2019 137.37
2020 131.85

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