São Tomé and Principe - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in São Tomé and Principe was 231.50 as of 2020. Its highest value over the past 19 years was 231.50 in 2020, while its lowest value was 35.94 in 2001.

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
2001 35.94
2002 40.47
2003 46.81
2004 53.60
2005 63.55
2006 71.86
2007 79.05
2008 100.00
2009 107.57
2010 120.99
2011 130.41
2012 148.15
2013 164.03
2014 177.48
2015 186.37
2016 195.90
2017 201.71
2018 205.17
2019 219.49
2020 231.50

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