Guyana | 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
Co-operative Republic of Guyana
Records
63
Source
Guyana | GDP deflator (base year varies by country)
0.09109086 1960
0.09500184 1961
0.09856447 1962
0.10129962 1963
0.10080795 1964
0.09900632 1965
0.10090857 1966
0.10581718 1967
0.11316658 1968
0.11476883 1969
0.11825335 1970
0.12078589 1971
0.13272638 1972
0.14104758 1973
0.19390114 1974
0.22232346 1975
0.20948083 1976
0.21299919 1977
0.24449706 1978
0.26054325 1979
0.2912321 1980
0.30387373 1981
0.31694761 1982
0.34521834 1983
0.41178248 1984
0.47153252 1985
0.52949973 1986
0.84037337 1987
1.03908837 1988
2.72808505 1989
4.26794201 1990
10.00993064 1991
11.14112724 1992
13.02964733 1993
15.18897225 1994
17.06506986 1995
17.73582604 1996
17.99179901 1997
18.52617214 1998
20.60304996 1999
21.95997583 2000
22.03068071 2001
22.60760951 2002
23.67436465 2003
25.27835916 2004
27.20771196 2005
74.7824926 2006
80.92289083 2007
88.6548696 2008
89.67716127 2009
93.23936448 2010
95.48579898 2011
100 2012
99.46331947 2013
97.36921488 2014
100.29448747 2015
101.19530841 2016
103.32952543 2017
100.34589786 2018
103.31732901 2019
76.14890181 2020
93.2197321 2021
104.44083465 2022
Guyana | 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
Co-operative Republic of Guyana
Records
63
Source