Oman - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Oman was 84.46 as of 2020. Its highest value over the past 55 years was 114.11 in 2012, while its lowest value was 3.32 in 1967.

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
1965 3.38
1966 3.44
1967 3.32
1968 3.70
1969 3.74
1970 3.51
1971 4.08
1972 4.18
1973 5.86
1974 17.64
1975 18.06
1976 18.29
1977 19.39
1978 20.12
1979 26.28
1980 39.71
1981 41.17
1982 38.40
1983 34.56
1984 32.93
1985 32.76
1986 26.00
1987 28.91
1988 29.29
1989 29.29
1990 36.57
1991 33.46
1992 33.89
1993 32.06
1994 31.92
1995 32.48
1996 34.88
1997 34.11
1998 29.37
1999 32.61
2000 38.28
2001 36.54
2002 38.26
2003 42.21
2004 47.70
2005 58.42
2006 66.38
2007 71.87
2008 96.13
2009 71.97
2010 95.04
2011 110.14
2012 114.11
2013 111.58
2014 113.54
2015 91.80
2016 83.41
2017 89.50
2018 100.00
2019 97.33
2020 84.46

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