Croatia - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Croatia was 104.96 as of 2020. Its highest value over the past 25 years was 105.10 in 2019, while its lowest value was 51.63 in 1995.

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
1995 51.63
1996 53.64
1997 57.33
1998 62.04
1999 64.21
2000 67.00
2001 69.83
2002 72.51
2003 75.63
2004 78.38
2005 80.82
2006 83.96
2007 87.54
2008 92.36
2009 95.10
2010 95.99
2011 97.61
2012 99.01
2013 99.77
2014 99.92
2015 100.00
2016 99.93
2017 101.09
2018 103.12
2019 105.10
2020 104.96

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