St. Kitts and Nevis - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in St. Kitts and Nevis was 125.86 as of 2020. Its highest value over the past 43 years was 127.96 in 2019, while its lowest value was 27.28 in 1977.

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
1977 27.28
1978 29.16
1979 32.26
1980 34.62
1981 40.28
1982 42.60
1983 42.52
1984 44.33
1985 45.97
1986 48.82
1987 51.80
1988 55.44
1989 58.59
1990 63.04
1991 65.21
1992 68.67
1993 70.03
1994 74.43
1995 75.01
1996 75.49
1997 79.21
1998 81.42
1999 83.69
2000 78.87
2001 81.50
2002 84.34
2003 85.74
2004 89.04
2005 87.59
2006 100.00
2007 106.33
2008 109.20
2009 113.29
2010 115.86
2011 122.40
2012 122.54
2013 121.99
2014 125.28
2015 124.89
2016 120.36
2017 125.42
2018 124.17
2019 127.96
2020 125.86

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