Kuwait | 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
State of Kuwait
Records
63
Source
Kuwait | GDP deflator (base year varies by country)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992 46.13964855
1993 42.73157996
1994 40.2230328
1995 42.1740534
1996 48.71534921
1997 46.41824763
1998 38.45468086
1999 45.41088551
2000 54.72997583
2001 50.50552729
2002 53.10569821
2003 55.71884385
2004 62.05478287
2005 75.56473697
2006 87.788363
2007 91.56972577
2008 108.65933126
2009 90.00628647
2010 100
2011 117.25834294
2012 126.00486203
2013 126.28568653
2014 117.75141004
2015 87.18500572
2016 81.2233244
2017 94.40676335
2018 105.05392852
2019 104.67065341
2020 90.10998797
2021 113.78950548
2022 135.4613328

Kuwait | 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
State of Kuwait
Records
63
Source