Guyana - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Guyana was 76.15 as of 2020. Its highest value over the past 60 years was 103.33 in 2017, while its lowest value was 0.09 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 0.09
1961 0.10
1962 0.10
1963 0.10
1964 0.10
1965 0.10
1966 0.10
1967 0.11
1968 0.11
1969 0.11
1970 0.12
1971 0.12
1972 0.13
1973 0.14
1974 0.19
1975 0.22
1976 0.21
1977 0.21
1978 0.24
1979 0.26
1980 0.29
1981 0.30
1982 0.32
1983 0.35
1984 0.41
1985 0.47
1986 0.53
1987 0.84
1988 1.04
1989 2.73
1990 4.27
1991 10.01
1992 11.14
1993 13.03
1994 15.19
1995 17.07
1996 17.74
1997 17.99
1998 18.53
1999 20.60
2000 21.96
2001 22.03
2002 22.61
2003 23.67
2004 25.28
2005 27.21
2006 74.78
2007 80.92
2008 88.79
2009 89.58
2010 93.46
2011 95.58
2012 100.00
2013 99.46
2014 97.37
2015 100.29
2016 101.20
2017 103.33
2018 100.35
2019 103.32
2020 76.15

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