Bahamas, The | 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 The Bahamas
Records
63
Source
Bahamas, The | GDP deflator (base year varies by country)
1960 7.66095353
1961 7.74986665
1962 7.83431172
1963 7.9395864
1964 8.05910108
1965 8.22122825
1966 8.53127695
1967 8.93336222
1968 9.39463467
1969 10.23314083
1970 10.86200271
1971 11.35975959
1972 12.13070772
1973 12.80408615
1974 14.49841336
1975 16.04341913
1976 16.42680314
1977 16.71077378
1978 17.08641256
1979 18.54800078
1980 20.4040743
1981 24.01321382
1982 24.90050388
1983 26.38879879
1984 27.22570252
1985 29.52919492
1986 30.90536969
1987 32.94090478
1988 33.42985013
1989 34.03599059
1990 35.76287841
1991 36.67717066
1992 38.10962156
1993 37.78493378
1994 38.60991739
1995 38.91973701
1996 39.30280205
1997 68.08403578
1998 70.15986447
1999 73.63343651
2000 74.31285769
2001 74.57529408
2002 77.52882945
2003 78.42419366
2004 79.36136089
2005 83.37387796
2006 84.06437584
2007 86.5425649
2008 87.83084677
2009 86.92058516
2010 86.57936488
2011 85.83598984
2012 88.64010319
2013 88.4866489
2014 91.72342897
2015 96.5955827
2016 97.987842
2017 99.66408563
2018 100
2019 103.97468052
2020 101.53637972
2021 102.57058201
2022 100.34154121

Bahamas, The | 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 The Bahamas
Records
63
Source