Saudi Arabia - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Saudi Arabia was 103.71 as of 2020. Its highest value over the past 52 years was 120.17 in 2012, while its lowest value was 5.00 in 1970.

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
1968 6.54
1969 6.61
1970 5.00
1971 5.52
1972 5.58
1973 6.22
1974 15.57
1975 17.44
1976 20.33
1977 21.97
1978 24.19
1979 29.78
1980 41.04
1981 45.84
1982 48.74
1983 49.32
1984 48.86
1985 48.36
1986 35.36
1987 37.75
1988 34.37
1989 37.32
1990 39.97
1991 39.06
1992 38.95
1993 38.30
1994 38.72
1995 40.97
1996 44.18
1997 45.71
1998 39.34
1999 45.04
2000 49.97
2001 49.15
2002 52.08
2003 53.29
2004 59.18
2005 71.10
2006 79.33
2007 86.02
2008 101.24
2009 85.33
2010 100.00
2011 115.53
2012 120.17
2013 118.71
2014 116.01
2015 96.40
2016 93.46
2017 100.53
2018 112.10
2019 112.65
2020 103.71

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