Maldives - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Maldives was 112.31 as of 2020. Its highest value over the past 25 years was 113.13 in 2018, while its lowest value was 23.43 in 1995.

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
1995 23.43
1996 24.52
1997 25.53
1998 25.24
1999 25.93
2000 26.46
2001 39.93
2002 40.13
2003 41.37
2004 45.50
2005 49.67
2006 53.32
2007 58.72
2008 65.21
2009 72.57
2010 74.66
2011 84.09
2012 89.79
2013 95.56
2014 100.00
2015 107.93
2016 108.17
2017 109.67
2018 113.13
2019 111.90
2020 112.31

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