Kiribati - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Kiribati was 144.12 as of 2020. Its highest value over the past 50 years was 144.12 in 2020, while its lowest value was 11.18 in 1970.

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
1970 11.18
1971 11.98
1972 12.60
1973 14.65
1974 16.56
1975 18.12
1976 19.78
1977 21.54
1978 24.10
1979 26.31
1980 28.10
1981 30.77
1982 32.00
1983 33.87
1984 36.15
1985 38.02
1986 40.00
1987 44.04
1988 46.22
1989 45.22
1990 44.74
1991 53.51
1992 56.52
1993 59.48
1994 63.56
1995 64.41
1996 70.83
1997 74.59
1998 80.00
1999 83.59
2000 85.29
2001 91.04
2002 95.55
2003 98.07
2004 99.75
2005 100.26
2006 100.00
2007 106.15
2008 114.98
2009 115.17
2010 116.53
2011 118.72
2012 118.25
2013 118.41
2014 123.98
2015 128.30
2016 128.52
2017 129.76
2018 137.08
2019 133.43
2020 144.12

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