Aruba | GDP deflator (base year varies by country)
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. 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.
Publisher
The World Bank
Origin
Aruba
Records
63
Source
Aruba | GDP deflator (base year varies by country)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
43.30938908 1986
44.86504938 1987
46.25965216 1988
48.09271078 1989
50.86759762 1990
53.72374192 1991
55.77724337 1992
58.73361244 1993
62.42676752 1994
64.53419375 1995
66.63767703 1996
69.10609502 1997
73.66222566 1998
75.27547308 1999
76.05540287 2000
73.89884937 2001
77.17603381 2002
79.52916641 2003
81.76386352 2004
85.90724671 2005
88.900552 2006
93.49394881 2007
97.47908022 2008
99.13942307 2009
97.92654378 2010
101.84916117 2011
102.03659719 2012
100 2013
103.95889689 2014
111.06062713 2015
109.94691243 2016
106.45261629 2017
110.15455574 2018
116.86760358 2019
115.84930642 2020
110.06823131 2021
113.82468642 2022
Aruba | GDP deflator (base year varies by country)
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. 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.
Publisher
The World Bank
Origin
Aruba
Records
63
Source