Colombia | 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
Republic of Colombia
Records
63
Source
Colombia | GDP deflator (base year varies by country)
1960 0.03187217
1961 0.03449504
1962 0.03678829
1963 0.04533076
1964 0.05273775
1965 0.05727555
1966 0.06593983
1967 0.07301529
1968 0.07920142
1969 0.08588971
1970 0.09609839
1971 0.10648413
1972 0.12029758
1973 0.1445509
1974 0.1812338
1975 0.22256772
1976 0.27922803
1977 0.36063087
1978 0.4222985
1979 0.5238217
1980 0.66847996
1981 0.82066529
1982 1.02391501
1983 1.23282004
1984 1.50626232
1985 1.88107323
1986 2.42976209
1987 2.99776604
1988 3.8296478
1989 4.77502761
1990 7.27409099
1991 9.23851556
1992 11.33236829
1993 14.14750743
1994 17.27359419
1995 20.52983205
1996 23.99288188
1997 28.03324791
1998 32.17461235
1999 36.23599463
2000 48.43860008
2001 51.59604518
2002 54.67539548
2003 58.40918636
2004 62.66314691
2005 65.64164917
2006 69.45389355
2007 73.06690857
2008 78.67653493
2009 81.8741267
2010 84.98932283
2011 90.41742377
2012 93.6875101
2013 95.47476465
2014 97.6092294
2015 100
2016 105.14833431
2017 110.54637209
2018 115.66530993
2019 120.29495338
2020 122.07557674
2021 131.43587053
2022 150.28057976

Colombia | 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
Republic of Colombia
Records
63
Source