Tuvalu - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Tuvalu was 151.11 as of 2020. Its highest value over the past 30 years was 151.11 in 2020, while its lowest value was 53.81 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 53.81
1991 55.23
1992 59.29
1993 60.80
1994 57.96
1995 60.95
1996 68.68
1997 67.78
1998 69.64
1999 73.91
2000 83.38
2001 88.32
2002 91.24
2003 93.30
2004 98.52
2005 100.00
2006 104.13
2007 103.99
2008 107.65
2009 108.39
2010 111.26
2011 111.94
2012 112.85
2013 115.23
2014 121.07
2015 126.68
2016 127.94
2017 132.50
2018 139.02
2019 151.11
2020 151.11

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