India | 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 India
Records
63
Source
India | GDP deflator (base year varies by country)
2.39243102 1960
2.44375889 1961
2.55142154 1962
2.7645577 1963
3.00097375 1964
3.25006566 1965
3.68137233 1966
3.99856691 1967
4.09514764 1968
4.23206334 1969
4.29817848 1970
4.52704965 1971
5.01776384 1972
5.91241687 1973
6.89786988 1974
6.78414597 1975
7.18996404 1976
7.59527881 1977
7.78214411 1978
9.00612309 1979
10.04257663 1980
11.12994485 1981
12.03100995 1982
13.06000534 1983
14.09477997 1984
15.1087282 1985
16.13452026 1986
17.6395311 1987
19.09170821 1988
20.70243914 1989
22.91103825 1990
26.06172275 1991
28.3981959 1992
31.19876431 1993
34.31241496 1994
37.42204695 1995
40.25677385 1996
42.86391173 1997
46.29738286 1998
47.71796969 1999
49.45727544 2000
51.04763151 2001
52.94440008 2002
54.99218257 2003
58.14071227 2004
61.40932686 2005
66.56828648 2006
71.19106671 2007
77.73635176 2008
83.209275 2009
91.96790896 2010
100 2011
107.93438627 2012
114.61175138 2013
118.43033634 2014
121.13006019 2015
125.0522212 2016
130.0158664 2017
135.06599506 2018
138.31503075 2019
144.88022136 2020
157.25085598 2021
170.18610618 2022

India | 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 India
Records
63
Source