San Marino - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in San Marino was 116.99 as of 2019. Its highest value over the past 22 years was 116.99 in 2019, while its lowest value was 84.38 in 1997.

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
1997 84.38
1998 85.92
1999 87.26
2000 89.50
2001 91.92
2002 94.11
2003 96.42
2004 98.36
2005 100.00
2006 102.01
2007 100.00
2008 102.83
2009 103.86
2010 105.35
2011 105.51
2012 108.80
2013 110.97
2014 111.41
2015 110.58
2016 112.03
2017 113.99
2018 116.28
2019 116.99

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