St. Vincent and the Grenadines - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in St. Vincent and the Grenadines was 123.40 as of 2020. Its highest value over the past 60 years was 123.40 in 2020, while its lowest value was 6.57 in 1960.

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
1960 6.57
1961 6.73
1962 6.73
1963 6.78
1964 7.04
1965 7.14
1966 7.61
1967 8.51
1968 8.79
1969 9.27
1970 9.27
1971 9.66
1972 10.28
1973 12.89
1974 16.17
1975 18.67
1976 20.12
1977 27.61
1978 31.01
1979 35.05
1980 39.62
1981 46.95
1982 50.08
1983 52.68
1984 54.59
1985 55.45
1986 57.99
1987 63.03
1988 63.17
1989 66.64
1990 69.75
1991 75.35
1992 78.83
1993 76.02
1994 77.86
1995 78.88
1996 81.70
1997 82.81
1998 85.47
1999 87.02
2000 86.83
2001 92.65
2002 93.59
2003 90.66
2004 94.30
2005 97.08
2006 100.00
2007 108.41
2008 108.43
2009 107.49
2010 112.26
2011 111.89
2012 113.11
2013 115.60
2014 115.25
2015 118.06
2016 118.78
2017 120.30
2018 120.60
2019 121.99
2020 123.40

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