Andorra - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Andorra was 106.50 as of 2020. Its highest value over the past 50 years was 106.50 in 2020, while its lowest value was 4.33 in 1970.

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
1970 4.33
1971 4.67
1972 5.07
1973 5.67
1974 6.57
1975 7.68
1976 8.94
1977 11.03
1978 13.31
1979 15.56
1980 17.64
1981 19.82
1982 22.51
1983 25.19
1984 27.93
1985 30.33
1986 33.63
1987 35.63
1988 37.74
1989 40.34
1990 43.30
1991 46.30
1992 49.41
1993 51.65
1994 53.65
1995 56.30
1996 56.75
1997 58.01
1998 58.88
1999 60.49
2000 77.88
2001 80.28
2002 82.88
2003 85.51
2004 88.11
2005 91.11
2006 94.26
2007 97.28
2008 99.50
2009 99.63
2010 100.00
2011 100.20
2012 100.37
2013 100.82
2014 100.74
2015 101.40
2016 101.76
2017 102.91
2018 103.95
2019 105.38
2020 106.50

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