Malawi - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Malawi was 126.00 as of 2020. Its highest value over the past 60 years was 126.00 in 2020, while its lowest value was 0.02 in 1961.

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 0.02
1961 0.02
1962 0.02
1963 0.02
1964 0.02
1965 0.02
1966 0.02
1967 0.02
1968 0.02
1969 0.02
1970 0.02
1971 0.03
1972 0.03
1973 0.03
1974 0.03
1975 0.04
1976 0.04
1977 0.05
1978 0.05
1979 0.05
1980 0.06
1981 0.06
1982 0.07
1983 0.08
1984 0.09
1985 0.10
1986 0.11
1987 0.13
1988 0.17
1989 0.21
1990 0.23
1991 0.25
1992 0.29
1993 0.37
1994 0.46
1995 0.82
1996 1.25
1997 1.51
1998 1.80
1999 2.52
2000 3.29
2001 4.13
2002 8.79
2003 9.70
2004 11.14
2005 12.34
2006 14.80
2007 15.41
2008 17.25
2009 18.61
2010 20.87
2011 23.81
2012 28.01
2013 35.66
2014 43.11
2015 51.96
2016 62.12
2017 100.00
2018 106.13
2019 114.33
2020 126.00

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