Ghana - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Ghana was 231.03 as of 2020. Its highest value over the past 60 years was 231.03 in 2020, while its lowest value was 0.00 in 1960.

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 0.00
1961 0.00
1962 0.00
1963 0.00
1964 0.00
1965 0.00
1966 0.00
1967 0.00
1968 0.00
1969 0.00
1970 0.00
1971 0.00
1972 0.00
1973 0.00
1974 0.00
1975 0.00
1976 0.00
1977 0.00
1978 0.01
1979 0.01
1980 0.02
1981 0.03
1982 0.03
1983 0.08
1984 0.10
1985 0.12
1986 0.18
1987 0.25
1988 0.33
1989 0.42
1990 0.55
1991 0.66
1992 0.74
1993 0.97
1994 1.26
1995 1.80
1996 2.52
1997 3.01
1998 3.53
1999 4.02
2000 5.11
2001 6.89
2002 8.47
2003 10.90
2004 12.46
2005 14.33
2006 25.90
2007 30.72
2008 36.69
2009 42.43
2010 49.48
2011 56.36
2012 64.93
2013 100.00
2014 123.94
2015 140.37
2016 162.47
2017 179.82
2018 198.82
2019 215.69
2020 231.03

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