Hong Kong SAR, China - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Hong Kong SAR, China was 100.64 as of 2020. Its highest value over the past 59 years was 100.64 in 2020, while its lowest value was 6.94 in 1961.

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
1961 6.94
1962 7.07
1963 7.33
1964 7.70
1965 7.88
1966 7.92
1967 8.45
1968 8.73
1969 9.22
1970 10.04
1971 10.80
1972 11.79
1973 13.47
1974 15.03
1975 15.70
1976 17.22
1977 17.88
1978 19.33
1979 22.77
1980 26.35
1981 29.15
1982 31.97
1983 33.45
1984 36.67
1985 38.64
1986 40.09
1987 43.55
1988 47.38
1989 53.33
1990 57.36
1991 62.61
1992 68.81
1993 74.73
1994 79.46
1995 82.75
1996 87.61
1997 92.66
1998 93.79
1999 89.95
2000 86.90
2001 85.36
2002 82.45
2003 77.50
2004 74.72
2005 74.60
2006 74.20
2007 76.53
2008 77.51
2009 77.22
2010 77.43
2011 80.45
2012 83.30
2013 84.81
2014 87.23
2015 90.41
2016 91.89
2017 94.54
2018 97.99
2019 100.00
2020 100.64

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