New Caledonia - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in New Caledonia was 149.88 as of 2000. Its highest value over the past 35 years was 149.88 in 2000, while its lowest value was 18.76 in 1965.

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
1965 18.76
1966 20.07
1967 20.88
1968 21.87
1969 24.28
1970 27.03
1971 29.06
1972 31.31
1973 33.37
1974 37.58
1975 40.25
1976 42.89
1977 45.40
1978 38.36
1979 51.81
1980 58.34
1981 66.35
1982 72.89
1983 78.55
1984 85.49
1985 90.32
1986 98.83
1987 100.52
1988 103.09
1989 104.86
1990 100.00
1991 103.63
1992 106.58
1993 109.47
1994 112.63
1995 114.13
1996 115.76
1997 118.14
1998 133.30
1999 141.45
2000 149.88

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