Lebanon - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Lebanon was 248.74 as of 2020. Its highest value over the past 32 years was 248.74 in 2020, while its lowest value was 7.77 in 1988.

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
1988 7.77
1989 13.45
1990 15.53
1991 22.93
1992 45.28
1993 56.48
1994 60.93
1995 67.43
1996 68.60
1997 76.52
1998 79.60
1999 80.25
2000 78.57
2001 77.37
2002 81.18
2003 82.46
2004 81.45
2005 80.58
2006 81.29
2007 83.84
2008 90.15
2009 99.42
2010 100.00
2011 102.97
2012 110.75
2013 113.64
2014 113.82
2015 117.70
2016 118.93
2017 122.45
2018 129.13
2019 134.76
2020 248.74

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