Tanzania - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Tanzania was 116.86 as of 2020. Its highest value over the past 32 years was 116.86 in 2020, while its lowest value was 2.06 in 1988.

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
1988 2.06
1989 2.48
1990 3.04
1991 3.89
1992 4.88
1993 6.07
1994 7.96
1995 10.10
1996 12.05
1997 14.53
1998 24.30
1999 26.90
2000 29.10
2001 30.51
2002 32.71
2003 35.47
2004 37.91
2005 40.33
2006 42.55
2007 46.42
2008 54.03
2009 58.91
2010 64.47
2011 72.33
2012 79.92
2013 87.64
2014 92.94
2015 100.00
2016 107.47
2017 110.38
2018 113.66
2019 116.46
2020 116.86

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