Guatemala | 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 Guatemala
Records
63
Source
Guatemala | GDP deflator (base year varies by country)
1.87199845 1960
1.85177404 1961
1.8996517 1962
1.91495041 1963
1.88276823 1964
1.84893396 1965
1.83039175 1966
1.8374863 1967
1.87187354 1968
1.90362502 1969
1.99882876 1970
1.97345985 1971
1.94655253 1972
2.22881772 1973
2.57828012 1974
2.91644969 1975
3.25170447 1976
3.786703 1977
3.99481866 1978
4.33786132 1979
4.77185937 1980
5.17976307 1981
5.43760932 1982
5.79436954 1983
6.03331198 1984
7.16635198 1985
10.13770732 1986
10.94857538 1987
12.22466446 1988
13.5582405 1989
19.05356608 1990
25.33648942 1991
27.58165324 1992
31.58219322 1993
35.28434577 1994
38.34272873 1995
41.75523331 1996
45.20310469 1997
49.49850042 1998
51.99399602 1999
55.54524556 2000
52.42907659 2001
55.82080534 2002
58.31668454 2003
61.82959928 2004
65.33437032 2005
68.58889285 2006
73.46923301 2007
80.38084509 2008
83.2746964 2009
87.55299471 2010
93.58946149 2011
96.75068031 2012
100 2013
102.86031161 2014
105.15576439 2015
108.0025321 2016
109.89032359 2017
111.28770233 2018
115.25598015 2019
118.56758436 2020
121.76120517 2021
129.3399921 2022
Guatemala | 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 Guatemala
Records
63
Source