The Gambia - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in The Gambia was 156.19 as of 2020. Its highest value over the past 54 years was 156.19 in 2020, while its lowest value was 0.84 in 1968.

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
1966 0.85
1967 0.92
1968 0.84
1969 0.90
1970 0.98
1971 1.03
1972 1.06
1973 1.05
1974 1.27
1975 1.44
1976 1.61
1977 1.97
1978 2.10
1979 2.32
1980 2.31
1981 2.35
1982 2.69
1983 2.76
1984 3.01
1985 4.20
1986 5.90
1987 6.99
1988 7.67
1989 8.72
1990 9.77
1991 22.86
1992 23.30
1993 24.50
1994 25.43
1995 26.43
1996 28.65
1997 26.94
1998 28.39
1999 27.70
2000 28.32
2001 28.83
2002 31.82
2003 35.93
2004 69.76
2005 72.63
2006 73.58
2007 76.83
2008 78.73
2009 82.28
2010 86.93
2011 90.90
2012 94.40
2013 100.00
2014 105.21
2015 115.44
2016 124.47
2017 129.35
2018 138.34
2019 147.00
2020 156.19

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