Iceland - GDP deflator

GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Iceland was 114.38 as of 2020. Its highest value over the past 60 years was 114.38 in 2020, while its lowest value was 0.03 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 0.03
1961 0.03
1962 0.04
1963 0.04
1964 0.05
1965 0.05
1966 0.06
1967 0.06
1968 0.07
1969 0.08
1995 38.20
1996 39.15
1997 40.23
1998 42.12
1999 43.60
2000 45.35
2001 49.30
2002 52.20
2003 52.45
2004 53.86
2005 55.51
2006 60.29
2007 62.90
2008 70.54
2009 78.16
2010 83.13
2011 85.71
2012 88.66
2013 90.54
2014 94.29
2015 100.00
2016 102.26
2017 103.22
2018 105.96
2019 110.82
2020 114.38

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

The latest value for GDP deflator: linked series (base year varies by country) in Iceland was 114.38 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 114.38 in 2020 and 38.20 in 1995.

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
1995 38.20
1996 39.15
1997 40.23
1998 42.12
1999 43.60
2000 45.35
2001 49.30
2002 52.20
2003 52.45
2004 53.86
2005 55.51
2006 60.29
2007 62.90
2008 70.54
2009 78.16
2010 83.13
2011 85.71
2012 88.66
2013 90.54
2014 94.29
2015 100.00
2016 102.26
2017 103.22
2018 105.96
2019 110.82
2020 114.38

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices