Hungary - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Hungary was 122.63 as of 2020. Its highest value over the past 29 years was 122.63 in 2020, while its lowest value was 11.81 in 1991.

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
1991 11.81
1992 14.35
1993 17.40
1994 20.79
1995 26.35
1996 32.12
1997 38.63
1998 43.95
1999 47.52
2000 52.08
2001 57.83
2002 62.51
2003 65.91
2004 69.27
2005 71.09
2006 73.69
2007 77.70
2008 81.44
2009 84.86
2010 87.01
2011 88.69
2012 91.26
2013 93.83
2014 97.30
2015 100.00
2016 101.32
2017 105.40
2018 110.51
2019 115.78
2020 122.63

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