Ecuador - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Ecuador was 149.01 as of 2020. Its highest value over the past 60 years was 150.40 in 2019, while its lowest value was 16.66 in 1962.

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 20.88
1961 18.51
1962 16.66
1963 19.61
1964 22.46
1965 23.13
1966 23.62
1967 23.73
1968 23.55
1969 27.11
1970 23.34
1971 21.12
1972 23.27
1973 24.94
1974 38.03
1975 40.15
1976 43.96
1977 52.48
1978 53.68
1979 61.52
1980 74.83
1981 86.43
1982 78.49
1983 67.78
1984 65.12
1985 63.53
1986 54.84
1987 50.06
1988 44.25
1989 46.63
1990 49.34
1991 52.73
1992 55.00
1993 56.46
1994 64.93
1995 68.32
1996 69.34
1997 74.20
1998 71.39
1999 52.62
2000 48.56
2001 62.35
2002 69.89
2003 77.29
2004 80.59
2005 86.82
2006 93.76
2007 100.00
2008 113.85
2009 114.59
2010 123.15
2011 130.12
2012 136.61
2013 140.84
2014 145.10
2015 141.49
2016 144.18
2017 146.99
2018 149.66
2019 150.40
2020 149.01

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