Thailand - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Thailand was 152.93 as of 2020. Its highest value over the past 60 years was 154.57 in 2019, while its lowest value was 15.49 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 15.49
1961 16.07
1962 16.15
1963 15.96
1964 16.39
1965 17.10
1966 18.51
1967 18.20
1968 18.15
1969 18.76
1970 17.82
1971 17.68
1972 18.80
1973 22.27
1974 26.80
1975 27.73
1976 28.98
1977 30.72
1978 33.70
1979 36.62
1980 41.27
1981 44.72
1982 46.99
1983 48.70
1984 49.41
1985 50.48
1986 51.32
1987 53.74
1988 56.92
1989 60.40
1990 63.89
1991 67.56
1992 70.59
1993 75.18
1994 78.69
1995 83.21
1996 86.62
1997 90.45
1998 97.74
1999 95.22
2000 96.49
2001 98.34
2002 100.00
2003 102.15
2004 105.80
2005 111.18
2006 116.86
2007 119.75
2008 125.90
2009 126.14
2010 131.29
2011 136.20
2012 138.80
2013 141.27
2014 143.31
2015 144.34
2016 148.15
2017 150.96
2018 153.12
2019 154.57
2020 152.93

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