Australia | 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
Commonwealth of Australia
Records
63
Source
Australia | GDP deflator (base year varies by country)
1960 5.52125015
1961 5.69914581
1962 5.69483885
1963 5.79678693
1964 5.98739466
1965 6.16580931
1966 6.33129319
1967 6.63948762
1968 6.78904883
1969 7.11174514
1970 7.47676237
1971 7.86452723
1972 8.35126805
1973 9.10140522
1974 10.59222175
1975 12.3388059
1976 14.0686689
1977 15.67498077
1978 16.96621066
1979 18.4310104
1980 20.27719742
1981 22.20861739
1982 24.80901977
1983 27.32922122
1984 29.47803763
1985 30.85775909
1986 32.87847164
1987 35.18887633
1988 37.71536273
1989 41.19582264
1990 43.70554604
1991 45.02505361
1992 45.6915024
1993 46.08866617
1994 46.55876384
1995 47.62643896
1996 48.91778094
1997 49.54042956
1998 50.10301371
1999 50.34120395
2000 51.6252825
2001 54.01590387
2002 55.55012132
2003 57.2086367
2004 59.05777018
2005 61.31703057
2006 64.45363505
2007 67.66728036
2008 70.75955479
2009 74.26155891
2010 75.11694723
2011 79.77577436
2012 81.21585797
2013 81.08284141
2014 82.22196866
2015 81.70979054
2016 81.1739607
2017 84.13781098
2018 85.71860096
2019 88.68765563
2020 90.56235785
2021 93.35056833
2022 100

Australia | 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
Commonwealth of Australia
Records
63
Source