Armenia - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Armenia was 116.19 as of 2020. Its highest value over the past 30 years was 116.19 in 2020, while its lowest value was 0.00 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 0.00
1991 0.00
1992 0.02
1993 0.35
1994 14.52
1995 37.93
1996 45.36
1997 53.41
1998 59.12
1999 59.15
2000 58.34
2001 60.69
2002 62.12
2003 64.98
2004 69.05
2005 71.27
2006 74.56
2007 77.75
2008 82.41
2009 84.47
2010 91.03
2011 94.93
2012 100.00
2013 103.37
2014 105.75
2015 107.04
2016 107.33
2017 109.63
2018 112.69
2019 113.89
2020 116.19

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