Ghana | 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 Ghana
Records
63
Source
Ghana | GDP deflator (base year varies by country)
1960 0.0004288
1961 0.00044368
1962 0.00045229
1963 0.0004828
1964 0.00053077
1965 0.00062103
1966 0.00067166
1967 0.00064561
1968 0.00072707
1969 0.00080731
1970 0.00083064
1971 0.00087368
1972 0.00100886
1973 0.00121954
1974 0.00151916
1975 0.00196676
1976 0.00251841
1977 0.00421206
1978 0.00729978
1979 0.01007001
1980 0.01521841
1981 0.02672864
1982 0.03418341
1983 0.07624993
1984 0.10317563
1985 0.12447976
1986 0.17639504
1987 0.24554454
1988 0.32756342
1989 0.42024524
1990 0.55122133
1991 0.66169358
1992 0.73547296
1993 0.96903867
1994 1.26099962
1995 1.80380108
1996 2.52239471
1997 3.01320651
1998 3.52691197
1999 4.01966266
2000 5.11422138
2001 6.89488812
2002 8.46820401
2003 10.89895177
2004 12.46296782
2005 14.32789123
2006 26.46124696
2007 30.72262983
2008 36.68597557
2009 42.43340911
2010 49.47550693
2011 56.35993574
2012 64.92962107
2013 100
2014 123.93996048
2015 140.36567951
2016 162.47133644
2017 179.81890564
2018 198.82303058
2019 215.68535691
2020 235.88552792
2021 264.44206966
2022 339.07725386

Ghana | 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 Ghana
Records
63
Source