Somalia - GDP deflator

GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Somalia was 116.17 as of 2020. Its highest value over the past 60 years was 1,873.63 in 1990, while its lowest value was 2.64 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 2.64
1961 2.89
1962 2.87
1963 2.96
1964 3.35
1965 3.79
1966 3.66
1967 3.65
1968 3.78
1969 4.02
1970 4.05
1971 4.12
1972 4.62
1973 5.16
1974 5.83
1975 6.81
1976 7.82
1977 8.58
1978 9.84
1979 11.12
1980 22.35
1981 26.84
1982 34.05
1983 44.94
1984 77.15
1985 100.00
1986 133.53
1987 177.13
1988 300.85
1989 593.92
1990 1,873.63
2013 93.53
2014 100.20
2015 101.85
2016 100.98
2017 100.00
2018 100.46
2019 107.66
2020 116.17

GDP deflator: linked series (base year varies by country)

The latest value for GDP deflator: linked series (base year varies by country) in Somalia was 116.17 as of 2020. Over the past 7 years, the value for this indicator has fluctuated between 116.17 in 2020 and 93.53 in 2013.

Definition: The GDP implicit deflator is calculated as the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The base year varies by country.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
2013 93.53
2014 100.20
2015 101.85
2016 100.98
2017 100.00
2018 100.46
2019 107.66
2020 116.17

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices