Lesotho | 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
Kingdom of Lesotho
Records
63
Source
Lesotho | GDP deflator (base year varies by country)
1.3864769 1960
1.40517932 1961
1.42860983 1962
1.45133419 1963
1.48036792 1964
1.53117912 1965
1.58839932 1966
1.49683579 1967
1.55771782 1968
1.64686916 1969
1.67950715 1970
1.78003399 1971
2.02820849 1972
2.16947357 1973
2.38252335 1974
2.97248788 1975
3.10752643 1976
3.33993503 1977
3.89257552 1978
3.98710226 1979
5.64013496 1980
6.34950126 1981
6.04138257 1982
6.73957559 1983
7.28568003 1984
8.64866898 1985
10.05436071 1986
11.23431872 1987
13.49029359 1988
15.49215656 1989
17.35027093 1990
20.44334229 1991
23.29293777 1992
25.92456771 1993
27.93803468 1994
31.51871804 1995
33.41048548 1996
36.42375737 1997
40.0378078 1998
43.29338306 1999
46.02096066 2000
51.30097057 2001
58.58926487 2002
60.01814758 2003
65.78012533 2004
69.67617884 2005
76.1637201 2006
71.07411409 2007
82.95757832 2008
84.90295914 2009
89.43432358 2010
97.86476692 2011
100.00022313 2012
110.28014171 2013
125.7581274 2014
138.58927841 2015
139.30126829 2016
140.93979121 2017
157.50023616 2018
161.17080461 2019
173.68965614 2020
173.92430836 2021
181.28687056 2022
Lesotho | 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
Kingdom of Lesotho
Records
63
Source