Albania - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Albania was 109.14 as of 2020. Its highest value over the past 40 years was 109.63 in 2019, while its lowest value was 2.58 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
1980 2.71
1981 2.65
1982 2.65
1983 2.65
1984 2.65
1985 2.66
1986 2.60
1987 2.60
1988 2.60
1989 2.60
1990 2.58
1991 3.50
1992 11.66
1993 26.31
1994 35.74
1995 39.31
1996 54.31
1997 60.41
1998 64.48
1999 65.84
2000 69.55
2001 72.20
2002 74.84
2003 78.73
2004 81.21
2005 83.89
2006 85.97
2007 89.75
2008 93.44
2009 95.70
2010 100.00
2011 102.31
2012 103.38
2013 103.68
2014 105.29
2015 105.88
2016 105.21
2017 106.74
2018 108.31
2019 109.63
2020 109.14

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