Bhutan - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Bhutan was 265.18 as of 2020. Its highest value over the past 40 years was 265.18 in 2020, while its lowest value was 21.26 in 1980.

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 21.26
1981 21.99
1982 23.59
1983 25.28
1984 27.85
1985 29.67
1986 31.80
1987 32.15
1988 36.96
1989 39.03
1990 41.45
1991 45.16
1992 49.19
1993 53.38
1994 59.97
1995 64.93
1996 70.20
1997 79.26
1998 87.74
1999 93.15
2000 100.00
2001 105.36
2002 110.37
2003 113.75
2004 117.97
2005 124.93
2006 131.70
2007 135.59
2008 143.06
2009 149.87
2010 158.64
2011 172.14
2012 187.94
2013 198.98
2014 212.75
2015 220.32
2016 229.97
2017 241.71
2018 245.97
2019 248.18
2020 265.18

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