Cyprus - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Cyprus was 101.61 as of 2020. Its highest value over the past 45 years was 103.32 in 2012, while its lowest value was 15.76 in 1975.

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
1975 15.76
1976 17.03
1977 18.54
1978 20.60
1979 23.30
1980 26.60
1981 29.90
1982 32.99
1983 34.65
1984 37.49
1985 39.62
1986 41.26
1987 42.85
1988 44.22
1989 46.32
1990 48.84
1991 50.74
1992 53.80
1993 56.39
1994 59.36
1995 67.43
1996 69.21
1997 70.76
1998 72.15
1999 73.81
2000 75.84
2001 78.61
2002 78.85
2003 83.09
2004 85.35
2005 87.07
2006 89.76
2007 93.47
2008 97.90
2009 98.15
2010 100.00
2011 101.62
2012 103.32
2013 102.34
2014 100.98
2015 100.22
2016 99.64
2017 100.68
2018 101.69
2019 102.83
2020 101.61

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