Curaçao - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Curaçao was 154.50 as of 2020. Its highest value over the past 20 years was 154.50 in 2020, while its lowest value was 100.00 in 2000.

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
2000 100.00
2001 101.79
2002 102.21
2003 103.86
2004 105.30
2005 109.61
2006 113.04
2007 116.44
2008 124.47
2009 126.71
2010 130.23
2011 133.27
2012 137.51
2013 139.35
2014 141.44
2015 140.75
2016 140.82
2017 143.05
2018 146.75
2019 150.64
2020 154.50

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