Vanuatu - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Vanuatu was 153.64 as of 2020. Its highest value over the past 41 years was 153.64 in 2020, while its lowest value was 30.15 in 1979.

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
1979 30.15
1980 34.34
1981 39.73
1982 42.95
1983 44.15
1984 49.52
1985 47.81
1986 46.39
1987 54.03
1988 59.32
1989 63.15
1990 62.54
1991 68.96
1992 70.88
1993 72.34
1994 74.01
1995 75.30
1996 76.87
1997 79.31
1998 82.95
1999 85.51
2000 87.37
2001 90.54
2002 93.14
2003 93.88
2004 95.87
2005 96.27
2006 100.00
2007 105.78
2008 113.35
2009 116.25
2010 117.96
2011 121.25
2012 120.69
2013 124.31
2014 126.05
2015 133.44
2016 135.54
2017 142.81
2018 147.39
2019 150.92
2020 153.64

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