St. Lucia - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in St. Lucia was 98.38 as of 2020. Its highest value over the past 40 years was 102.66 in 2019, while its lowest value was 30.14 in 1982.

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 30.40
1981 32.63
1982 30.14
1983 30.86
1984 36.72
1985 38.35
1986 40.07
1987 42.59
1988 42.78
1989 44.46
1990 48.19
1991 50.83
1992 51.72
1993 52.24
1994 53.59
1995 56.30
1996 56.56
1997 58.19
1998 59.60
1999 60.99
2000 61.67
2001 61.11
2002 61.36
2003 64.57
2004 65.02
2005 69.51
2006 73.11
2007 75.73
2008 77.65
2009 77.90
2010 81.33
2011 81.78
2012 83.41
2013 89.35
2014 92.56
2015 96.67
2016 96.23
2017 99.52
2018 100.00
2019 102.66
2020 98.38

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