Macao SAR, China - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Macao SAR, China was 99.76 as of 2020. Its highest value over the past 38 years was 100.00 in 2019, while its lowest value was 13.91 in 1982.

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
1982 13.91
1983 15.03
1984 17.17
1985 17.72
1986 18.72
1987 20.92
1988 22.77
1989 25.61
1990 28.41
1991 31.72
1992 36.40
1993 39.87
1994 42.56
1995 46.04
1996 47.09
1997 47.87
1998 46.94
1999 46.38
2000 45.57
2001 44.90
2002 44.30
2003 44.32
2004 45.17
2005 47.69
2006 51.38
2007 55.89
2008 61.51
2009 62.08
2010 65.06
2011 69.93
2012 74.77
2013 80.55
2014 87.58
2015 91.54
2016 92.33
2017 94.31
2018 97.65
2019 100.00
2020 99.76

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