Slovak Republic - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Slovak Republic was 107.80 as of 2020. Its highest value over the past 28 years was 107.80 in 2020, while its lowest value was 37.64 in 1992.

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
1992 37.64
1993 43.50
1994 49.35
1995 54.23
1996 56.70
1997 59.41
1998 62.29
1999 66.79
2000 73.13
2001 76.87
2002 79.90
2003 84.15
2004 88.98
2005 91.24
2006 93.89
2007 94.94
2008 97.65
2009 96.52
2010 97.03
2011 98.66
2012 99.90
2013 100.41
2014 100.22
2015 100.00
2016 99.49
2017 100.70
2018 102.75
2019 105.31
2020 107.80

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