Vietnam - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Vietnam was 163.58 as of 2020. Its highest value over the past 35 years was 163.58 in 2020, while its lowest value was 0.03 in 1985.

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
1985 0.03
1986 0.13
1987 0.62
1988 3.17
1989 5.38
1990 7.65
1991 13.20
1992 17.51
1993 20.56
1994 24.05
1995 28.14
1996 30.59
1997 32.61
1998 35.49
1999 37.53
2000 38.81
2001 39.82
2002 41.69
2003 44.66
2004 48.42
2005 57.53
2006 62.46
2007 68.48
2008 84.01
2009 89.23
2010 100.00
2011 121.26
2012 134.51
2013 140.91
2014 146.07
2015 145.80
2016 147.41
2017 153.44
2018 158.65
2019 161.49
2020 163.58

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