Marshall Islands | 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 the Marshall Islands
Records
63
Source
Marshall Islands | 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 38.91645269
1982 41.78786077
1983 43.25484678
1984 45.03137654
1985 46.69113326
1986 47.83687789
1987 49.20509234
1988 51.23394185
1989 53.67115432
1990 56.34927888
1991 59.19173194
1992 60.97574041
1993 62.82558149
1994 64.47454064
1995 66.28442264
1996 68.13770383
1997 72.73209859
1998 74.37549226
1999 76.69400764
2000 76.34528807
2001 76.09917974
2002 78.6785126
2003 79.76452805
2004 79.59086673
2005 80.97862102
2006 83.782154
2007 85.05812523
2008 89.70313291
2009 89.26313884
2010 90.10020206
2011 96.62894605
2012 102.64068743
2013 102.15521377
2014 103.18713473
2015 99.87685444
2016 107.24772014
2017 109.56093638
2018 106.97308312
2019 102.48424329
2020 109.46691425
2021 115.9225607
2022 117.15900748

Marshall Islands | 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 the Marshall Islands
Records
63
Source