Namibia - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Namibia was 131.95 as of 2020. Its highest value over the past 40 years was 131.95 in 2020, while its lowest value was 4.21 in 1980.

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
1980 4.21
1981 4.36
1982 5.11
1983 5.79
1984 6.52
1985 8.08
1986 8.90
1987 9.74
1988 11.70
1989 13.46
1990 14.32
1991 15.18
1992 16.74
1993 18.47
1994 22.25
1995 23.74
1996 27.34
1997 29.29
1998 31.71
1999 33.86
2000 37.68
2001 41.90
2002 46.09
2003 46.68
2004 47.63
2005 50.30
2006 55.03
2007 60.14
2008 66.73
2009 71.36
2010 74.02
2011 76.85
2012 85.50
2013 88.95
2014 96.28
2015 100.00
2016 107.97
2017 118.68
2018 123.93
2019 124.69
2020 131.95

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