GDP deflator (base year varies by country) - Country Ranking - Central America & the Caribbean

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: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Puerto Rico 1,114.48 2020
2 Honduras 291.50 2020
3 Nicaragua 255.21 2020
4 Jamaica 242.82 2020
5 Haiti 231.78 2020
6 Cuba 211.75 2020
7 Dominican Republic 181.90 2020
8 Panama 152.82 2020
9 Belize 131.85 2020
10 Grenada 130.97 2020
11 Dominica 130.92 2020
12 Antigua and Barbuda 126.32 2020
13 St. Kitts and Nevis 125.86 2020
14 St. Vincent and the Grenadines 123.40 2020
15 Guatemala 118.34 2020
16 Barbados 118.00 2020
17 Cayman Islands 110.50 2020
18 El Salvador 105.95 2020
19 Costa Rica 104.63 2020
20 Trinidad and Tobago 102.64 2020
21 The Bahamas 102.50 2020
22 St. Lucia 98.38 2020

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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