Canada - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Canada was 107.36 as of 2020. Its highest value over the past 60 years was 107.36 in 2020, while its lowest value was 12.04 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 12.04
1961 12.33
1962 12.50
1963 12.76
1964 13.13
1965 13.62
1966 14.30
1967 14.93
1968 15.53
1969 16.28
1997 75.95
1998 76.63
1999 78.98
2000 82.61
2001 84.30
2002 85.01
2003 86.07
2004 88.18
2005 89.38
2006 90.33
2007 89.11
2008 92.66
2009 90.51
2010 93.09
2011 96.11
2012 97.27
2013 98.96
2014 100.88
2015 100.00
2016 100.75
2017 103.34
2018 105.01
2019 106.56
2020 107.36

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