Guinea-Bissau | 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 Guinea-Bissau
Records
63
Source
Guinea-Bissau | GDP deflator (base year varies by country)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
0.02898467 1970
0.0295085 1971
0.03097637 1972
0.03420842 1973
0.03726132 1974
0.03994527 1975
0.04054992 1976
0.04179311 1977
0.04444108 1978
0.04634316 1979
0.05168969 1980
0.05262892 1981
0.06133495 1982
0.07563033 1983
0.12055612 1984
0.15951202 1985
0.33959282 1986
0.65970476 1987
1.18446585 1988
2.36008756 1989
3.07392053 1990
5.16093941 1991
8.51457923 1992
12.69173689 1993
15.64249982 1994
22.63939597 1995
31.52167172 1996
42.28260142 1997
45.69685153 1998
51.32033635 1999
92.83832243 2000
99.1227163 2001
100.90376755 2002
95.84664647 2003
94.51746999 2004
100 2005
97.72729571 2006
102.00875822 2007
114.7345615 2008
111.91420476 2009
115.23285601 2010
131.40183974 2011
130.28422399 2012
129.06978026 2013
128.87842509 2014
144.47527748 2015
153.28306782 2016
162.385931 2017
170.91118367 2018
165.06967351 2019
165.23890253 2020
175.51397883 2021
190.17202382 2022
Guinea-Bissau | 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 Guinea-Bissau
Records
63
Source