Monaco - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Monaco was 107.17 as of 2020. Its highest value over the past 50 years was 107.17 in 2020, while its lowest value was 15.77 in 1970.

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
1970 15.77
1971 16.72
1972 17.86
1973 19.25
1974 21.44
1975 24.37
1976 27.00
1977 29.38
1978 32.07
1979 35.31
1980 39.28
1981 43.78
1982 49.03
1983 53.69
1984 57.60
1985 60.78
1986 63.99
1987 65.77
1988 67.79
1989 70.03
1990 71.88
1991 73.71
1992 75.28
1993 76.45
1994 77.48
1995 78.49
1996 79.75
1997 80.56
1998 81.28
1999 81.32
2000 82.46
2001 83.82
2002 85.82
2003 87.43
2004 88.82
2005 88.99
2006 90.91
2007 93.24
2008 95.53
2009 95.58
2010 96.59
2011 97.53
2012 98.66
2013 99.43
2014 100.00
2015 101.14
2016 101.30
2017 102.20
2018 103.21
2019 104.53
2020 107.17

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