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