Russia - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Russia was 120.53 as of 2020. Its highest value over the past 31 years was 120.53 in 2020, while its lowest value was 0.00 in 1989.

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
1989 0.00
1990 0.00
1991 0.00
1992 0.03
1993 0.32
1994 1.29
1995 3.16
1996 4.61
1997 5.31
1998 6.29
1999 10.85
2000 14.94
2001 17.40
2002 20.12
2003 22.87
2004 27.50
2005 32.81
2006 37.77
2007 42.99
2008 50.74
2009 51.74
2010 59.08
2011 73.53
2012 80.08
2013 84.34
2014 90.66
2015 97.23
2016 100.00
2017 105.35
2018 115.88
2019 119.46
2020 120.53

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