Tonga - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Tonga was 109.11 as of 2020. Its highest value over the past 39 years was 113.21 in 2019, while its lowest value was 11.52 in 1981.

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
1981 11.52
1982 12.43
1983 13.46
1984 14.33
1985 15.80
1986 18.36
1987 20.38
1988 22.23
1989 23.74
1990 26.65
1991 29.17
1992 31.34
1993 31.36
1994 40.34
1995 38.54
1996 39.02
1997 38.27
1998 39.29
1999 41.80
2000 44.13
2001 44.91
2002 48.14
2003 52.44
2004 57.10
2005 61.36
2006 71.09
2007 72.20
2008 75.48
2009 79.24
2010 85.37
2011 85.78
2012 89.38
2013 87.26
2014 87.27
2015 91.88
2016 94.68
2017 100.00
2018 105.15
2019 113.21
2020 109.11

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