Estonia - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Estonia was 113.29 as of 2020. Its highest value over the past 25 years was 113.63 in 2019, while its lowest value was 30.96 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 30.96
1996 37.94
1997 41.71
1998 44.58
1999 47.46
2000 49.21
2001 52.56
2002 55.11
2003 57.26
2004 59.94
2005 63.49
2006 69.19
2007 77.74
2008 83.03
2009 82.71
2010 84.22
2011 88.83
2012 92.44
2013 96.17
2014 98.97
2015 100.00
2016 102.19
2017 105.86
2018 110.12
2019 113.63
2020 113.29

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