Dominican Republic - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Dominican Republic was 181.90 as of 2020. Its highest value over the past 60 years was 181.90 in 2020, while its lowest value was 0.50 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 0.50
1961 0.50
1962 0.54
1963 0.58
1964 0.59
1965 0.59
1966 0.57
1967 0.58
1968 0.61
1969 0.62
1970 0.64
1971 0.64
1972 0.69
1973 0.73
1974 0.85
1975 1.00
1976 1.03
1977 1.14
1978 1.15
1979 1.28
1980 1.45
1981 1.56
1982 1.68
1983 1.79
1984 2.22
1985 3.07
1986 3.36
1987 3.84
1988 5.52
1989 6.82
1990 10.26
1991 20.82
1992 21.98
1993 23.08
1994 25.42
1995 27.87
1996 28.89
1997 31.62
1998 33.68
1999 34.97
2000 37.49
2001 39.76
2002 42.51
2003 56.73
2004 82.36
2005 87.12
2006 92.91
2007 100.00
2008 110.39
2009 114.25
2010 120.47
2011 130.18
2012 136.82
2013 143.24
2014 149.43
2015 153.13
2016 156.18
2017 162.71
2018 169.41
2019 173.69
2020 181.90

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