Rwanda - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Rwanda was 110.28 as of 2020. Its highest value over the past 60 years was 110.28 in 2020, while its lowest value was 0.71 in 1962.

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 0.72
1961 0.77
1962 0.71
1963 0.80
1964 0.93
1965 1.00
1966 1.37
1967 1.87
1968 1.89
1969 1.86
1970 2.05
1971 2.04
1972 2.08
1973 2.16
1974 2.51
1975 4.71
1976 4.62
1977 5.25
1978 5.44
1979 5.77
1980 5.95
1981 6.41
1982 6.72
1983 6.89
1984 8.05
1985 8.41
1986 7.82
1987 7.87
1988 8.05
1989 8.48
1990 9.62
1991 11.06
1992 11.86
1993 13.51
1994 15.83
1995 23.95
1996 26.56
1997 30.71
1998 31.39
1999 34.86
2000 36.00
2001 35.86
2002 33.99
2003 40.91
2004 45.45
2005 49.55
2006 50.77
2007 57.34
2008 65.63
2009 70.32
2010 72.56
2011 77.78
2012 81.45
2013 83.64
2014 87.60
2015 88.03
2016 92.45
2017 100.00
2018 99.37
2019 101.86
2020 110.28

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