Lithuania - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Lithuania was 114.17 as of 2020. Its highest value over the past 25 years was 114.17 in 2020, while its lowest value was 48.07 in 1995.

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
1995 48.07
1996 57.20
1997 63.75
1998 65.88
1999 65.06
2000 65.90
2001 65.69
2002 65.90
2003 65.36
2004 67.11
2005 71.73
2006 76.57
2007 83.12
2008 91.19
2009 88.18
2010 90.41
2011 95.25
2012 97.86
2013 99.11
2014 99.94
2015 100.00
2016 101.58
2017 105.89
2018 109.62
2019 112.53
2020 114.17

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