Guinea - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Guinea was 207.77 as of 2020. Its highest value over the past 34 years was 207.77 in 2020, while its lowest value was 4.02 in 1986.

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
1986 4.02
1987 5.12
1988 6.23
1989 7.62
1990 8.93
1991 11.24
1992 14.18
1993 14.28
1994 14.48
1995 15.35
1996 15.58
1997 15.81
1998 16.33
1999 17.02
2000 18.09
2001 18.41
2002 18.49
2003 21.43
2004 24.98
2005 31.82
2006 63.83
2007 72.52
2008 84.63
2009 86.13
2010 100.00
2011 109.00
2012 121.55
2013 126.81
2014 130.13
2015 134.00
2016 141.60
2017 156.26
2018 167.29
2019 183.94
2020 207.77

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