Iraq - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Iraq was 105.67 as of 2020. Its highest value over the past 52 years was 156.36 in 2012, while its lowest value was 0.01 in 1968.

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
1968 0.01
1969 0.01
1970 0.01
1971 0.01
1972 0.01
1973 0.01
1974 0.02
1975 0.02
1976 0.02
1977 0.02
1978 0.02
1979 0.03
1980 0.04
1981 0.03
1982 0.03
1983 0.03
1984 0.04
1985 0.04
1986 0.04
1987 0.04
1988 0.04
1989 0.05
1990 0.08
1991 0.17
1992 0.35
1993 0.76
1994 3.77
1995 14.89
1996 13.02
1997 24.94
1998 20.98
1999 35.91
2000 44.75
2001 36.18
2002 39.13
2003 44.56
2004 52.27
2005 71.02
2006 87.38
2007 100.00
2008 130.18
2009 104.76
2010 122.14
2011 152.30
2012 156.36
2013 156.34
2014 151.90
2015 106.03
2016 94.25
2017 108.06
2018 127.73
2019 124.57
2020 105.67

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