Solomon Islands - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Solomon Islands was 119.60 as of 2020. Its highest value over the past 40 years was 119.60 in 2020, while its lowest value was 3.84 in 1980.

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
1980 3.84
1981 4.35
1982 4.89
1983 5.24
1984 5.80
1985 6.36
1986 6.68
1987 7.46
1988 8.71
1989 8.99
1990 12.07
1991 12.96
1992 14.66
1993 17.15
1994 21.94
1995 24.03
1996 26.93
1997 29.21
1998 32.48
1999 34.96
2000 36.91
2001 40.56
2002 45.14
2003 47.96
2004 50.58
2005 57.83
2006 62.95
2007 69.77
2008 75.27
2009 80.31
2010 85.18
2011 93.29
2012 100.00
2013 101.67
2014 105.64
2015 109.40
2016 109.44
2017 110.96
2018 114.22
2019 115.66
2020 119.60

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