Nepal - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Nepal was 170.88 as of 2020. Its highest value over the past 60 years was 170.88 in 2020, while its lowest value was 1.53 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 1.53
1961 1.57
1962 1.66
1963 1.72
1964 1.74
1965 1.96
1966 2.26
1967 2.13
1968 2.37
1969 2.53
1970 2.70
1971 2.79
1972 3.14
1973 3.03
1974 3.66
1975 4.67
1976 4.70
1977 4.53
1978 4.95
1979 5.45
1980 5.86
1981 6.33
1982 6.92
1983 7.77
1984 8.27
1985 9.21
1986 10.54
1987 11.87
1988 13.28
1989 14.77
1990 16.35
1991 18.41
1992 21.81
1993 24.16
1994 25.32
1995 26.92
1996 29.02
1997 31.14
1998 32.41
1999 35.29
2000 36.87
2001 40.94
2002 42.55
2003 43.85
2004 45.68
2005 48.48
2006 52.04
2007 56.00
2008 59.15
2009 68.56
2010 78.94
2011 100.00
2012 107.74
2013 115.37
2014 124.64
2015 130.14
2016 139.44
2017 150.96
2018 157.54
2019 164.93
2020 170.88

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