Mongolia | 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
Mongolia
Records
63
Source
Mongolia | 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
0.14157799 1981
0.14438325 1982
0.14568883 1983
0.14119055 1984
0.13914603 1985
0.12638305 1986
0.12740649 1987
0.12859263 1988
0.13778409 1989
0.16980915 1990
0.32827496 1991
0.89845798 1992
3.76361553 1993
6.18435001 1994
9.91180777 1995
10.9830336 1996
13.36329138 1997
13.10513972 1998
14.53120918 1999
16.27490943 2000
17.97540061 2001
19.12037743 2002
21.07764912 2003
24.59581923 2004
29.5391949 2005
36.03391021 2006
40.22413783 2007
48.85171411 2008
49.74409017 2009
69.23292333 2010
79.70043281 2011
89.88963809 2012
92.50349244 2013
99.39392643 2014
100 2015
102.99312676 2016
114.11684422 2017
123.20124783 2018
135.487139 2019
140.50927027 2020
160.77079905 2021
189.25088376 2022

Mongolia | 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
Mongolia
Records
63
Source