Bermuda - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Bermuda was 113.10 as of 2020. Its highest value over the past 60 years was 115.85 in 2019, while its lowest value was 4.56 in 1960.

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
1960 4.56
1961 4.60
1962 4.65
1963 4.71
1964 4.73
1965 4.80
1966 4.92
1967 5.09
1968 5.55
1969 5.90
1970 6.27
1971 6.87
1972 7.52
1973 8.48
1974 9.76
1975 10.38
1976 10.66
1977 11.65
1978 12.23
1979 13.01
1980 14.29
1981 16.82
1982 18.88
1983 20.95
1984 23.11
1985 24.87
1986 26.32
1987 28.03
1988 29.40
1989 31.06
1990 32.93
1991 35.05
1992 36.04
1993 37.91
1994 38.65
1995 40.27
1996 52.09
1997 54.19
1998 55.67
1999 57.18
2000 54.76
2001 54.01
2002 58.65
2003 60.30
2004 63.13
2005 67.40
2006 80.60
2007 85.90
2008 90.29
2009 91.23
2010 93.27
2011 92.19
2012 98.37
2013 100.00
2014 103.01
2015 106.05
2016 110.69
2017 110.59
2018 112.34
2019 115.85
2020 113.10

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