New Zealand - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in New Zealand was 110.81 as of 2020. Its highest value over the past 43 years was 112.26 in 2019, while its lowest value was 15.54 in 1977.

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
1977 15.54
1978 17.56
1979 20.06
1980 23.05
1981 26.82
1982 30.06
1983 32.38
1984 34.91
1985 39.66
1986 46.39
1987 51.71
1988 55.80
1989 58.94
1990 60.37
1991 60.91
1992 62.13
1993 63.05
1994 64.25
1995 65.17
1996 66.07
1997 67.13
1998 67.87
1999 68.22
2000 70.17
2001 72.84
2002 73.08
2003 74.72
2004 76.83
2005 78.39
2006 80.43
2007 84.73
2008 86.94
2009 89.31
2010 92.05
2011 94.31
2012 94.18
2013 98.16
2014 98.56
2015 100.00
2016 102.48
2017 106.13
2018 108.29
2019 112.26
2020 110.81

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