Georgia | 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
Georgia
Records
63
Source
Georgia | GDP deflator (base year varies by country)
1960
1961
1962
1963
1964
2.44E-5 1965
2.443E-5 1966
2.464E-5 1967
2.464E-5 1968
2.551E-5 1969
2.545E-5 1970
2.614E-5 1971
2.584E-5 1972
2.586E-5 1973
2.633E-5 1974
2.656E-5 1975
2.664E-5 1976
2.702E-5 1977
2.711E-5 1978
2.785E-5 1979
2.813E-5 1980
2.909E-5 1981
3.014E-5 1982
2.934E-5 1983
2.952E-5 1984
2.813E-5 1985
2.997E-5 1986
3.067E-5 1987
2.988E-5 1988
3.175E-5 1989
3.882E-5 1990
6.297E-5 1991
0.00088811 1992
0.13805165 1993
8.47857294 1994
22.27534123 1995
31.86120982 1996
33.94387344 1997
36.29849277 1998
39.82915627 1999
41.69328338 2000
43.93479844 2001
46.53541495 2002
48.12898967 2003
52.18714706 2004
56.32905494 2005
61.08829692 2006
66.86982652 2007
73.2863764 2008
71.72097159 2009
81.91087022 2010
89.08140029 2011
89.45492303 2012
90.6642265 2013
94.49238752 2014
100 2015
102.6193183 2016
111.3327725 2017
116.18811611 2018
122.22105792 2019
131.12031318 2020
144.56550717 2021
157.71695093 2022
Georgia | 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
Georgia
Records
63
Source