Czech Republic - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Czech Republic was 113.98 as of 2020. Its highest value over the past 30 years was 113.98 in 2020, while its lowest value was 24.74 in 1990.

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
1990 24.74
1991 33.70
1992 37.86
1993 45.81
1994 51.47
1995 56.01
1996 61.56
1997 66.67
1998 73.21
1999 75.44
2000 76.83
2001 80.59
2002 82.78
2003 83.85
2004 87.25
2005 87.33
2006 87.90
2007 91.01
2008 92.84
2009 95.24
2010 93.89
2011 93.87
2012 95.23
2013 96.53
2014 99.02
2015 100.00
2016 101.14
2017 102.46
2018 105.09
2019 109.18
2020 113.98

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