Montenegro | 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
Montenegro
Records
63
Source
Montenegro | 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
1993
1994
1995
1996
1997
1998
1999
47.13501587 2000
56.6585288 2001
58.40086686 2002
63.26027112 2003
66.98359776 2004
69.88705752 2005
76.95051484 2006
89.29456007 2007
96.10695439 2008
98.42112565 2009
100 2010
101.20270355 2011
101.38184954 2012
103.47738287 2013
104.54964482 2014
106.87020043 2015
112.32172292 2016
116.61799774 2017
120.38021844 2018
122.81448545 2019
122.59881594 2020
128.39313342 2021
144.25651868 2022

Montenegro | 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
Montenegro
Records
63
Source