Paraguay - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Paraguay was 116.57 as of 2020. Its highest value over the past 60 years was 116.57 in 2020, while its lowest value was 0.24 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 0.24
1961 0.26
1962 0.28
1963 0.29
1964 0.29
1965 0.30
1966 0.31
1967 0.30
1968 0.30
1969 0.31
1970 0.31
1971 0.33
1972 0.36
1973 0.43
1974 0.54
1975 0.57
1976 0.59
1977 0.66
1978 0.72
1979 0.86
1980 1.00
1981 1.16
1982 1.22
1983 1.41
1984 1.82
1985 2.30
1986 2.91
1987 3.73
1988 4.74
1989 6.23
1990 8.52
1991 10.66
1992 12.16
1993 13.64
1994 15.36
1995 17.06
1996 19.01
1997 19.65
1998 22.85
1999 25.29
2000 29.00
2001 33.04
2002 38.97
2003 44.87
2004 50.18
2005 56.68
2006 61.70
2007 69.50
2008 77.99
2009 80.84
2010 84.60
2011 88.91
2012 93.18
2013 97.22
2014 100.00
2015 101.60
2016 105.81
2017 108.09
2018 110.21
2019 113.53
2020 116.57

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