Costa Rica - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Costa Rica was 104.63 as of 2020. Its highest value over the past 60 years was 104.63 in 2020, while its lowest value was 0.11 in 1960.

Definition: 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 0.11
1961 0.11
1962 0.11
1963 0.11
1964 0.11
1965 0.11
1966 0.12
1967 0.12
1968 0.12
1969 0.13
1970 0.14
1971 0.14
1972 0.15
1973 0.17
1974 0.21
1975 0.26
1976 0.30
1977 0.36
1978 0.38
1979 0.42
1980 0.50
1981 0.70
1982 1.29
1983 1.67
1984 1.94
1985 2.34
1986 2.77
1987 3.05
1988 3.62
1989 4.17
1990 4.95
1991 8.15
1992 9.76
1993 10.78
1994 12.47
1995 15.12
1996 17.40
1997 19.95
1998 22.34
1999 24.80
2000 27.13
2001 29.76
2002 32.68
2003 36.16
2004 40.98
2005 46.32
2006 52.33
2007 57.83
2008 64.44
2009 70.69
2010 75.38
2011 78.84
2012 82.57
2013 86.36
2014 91.72
2015 95.35
2016 97.22
2017 100.00
2018 102.19
2019 104.42
2020 104.63

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.

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices