Nicaragua - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Nicaragua was 255.21 as of 2020. Its highest value over the past 60 years was 255.21 in 2020, while its lowest value was 0.00 in 1963.

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 0.00
1961 0.00
1962 0.00
1963 0.00
1964 0.00
1965 0.00
1966 0.00
1967 0.00
1968 0.00
1969 0.00
1970 0.00
1971 0.00
1972 0.00
1973 0.00
1974 0.00
1975 0.00
1976 0.00
1977 0.00
1978 0.00
1979 0.00
1980 0.00
1981 0.00
1982 0.00
1983 0.00
1984 0.00
1985 0.00
1986 0.00
1987 0.00
1988 0.00
1989 0.00
1990 0.22
1991 10.34
1992 12.78
1993 15.39
1994 35.96
1995 40.78
1996 44.69
1997 49.07
1998 55.95
1999 61.11
2000 66.34
2001 71.15
2002 73.46
2003 77.38
2004 84.38
2005 92.71
2006 100.00
2007 109.67
2008 127.44
2009 135.13
2010 143.43
2011 158.08
2012 167.95
2013 175.25
2014 189.96
2015 204.38
2016 213.76
2017 222.57
2018 228.49
2019 241.08
2020 255.21

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