Jamaica - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Jamaica was 242.82 as of 2020. Its highest value over the past 54 years was 242.82 in 2020, while its lowest value was 0.19 in 1966.

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
1966 0.19
1967 0.19
1968 0.20
1969 0.21
1970 0.22
1971 0.23
1972 0.22
1973 0.28
1974 0.37
1975 0.44
1976 0.49
1977 0.55
1978 0.70
1979 0.81
1980 0.96
1981 1.04
1982 1.12
1983 1.31
1984 1.78
1985 2.29
1986 2.91
1987 3.23
1988 3.61
1989 4.06
1990 5.08
1991 7.31
1992 11.70
1993 17.87
1994 23.43
1995 29.34
1996 34.87
1997 38.22
1998 42.27
1999 45.19
2000 49.97
2001 53.88
2002 58.77
2003 65.60
2004 74.04
2005 82.53
2006 89.83
2007 100.00
2008 113.55
2009 126.78
2010 139.22
2011 147.29
2012 156.97
2013 170.18
2014 181.97
2015 194.08
2016 203.14
2017 216.44
2018 227.25
2019 234.48
2020 242.82

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