Portugal - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Portugal was 109.04 as of 2020. Its highest value over the past 60 years was 109.04 in 2020, while its lowest value was 1.45 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 1.45
1961 1.47
1962 1.48
1963 1.48
1964 1.51
1965 1.57
1966 1.65
1967 1.72
1968 1.75
1969 1.88
1970 1.94
1971 2.04
1972 2.20
1973 2.40
1974 2.86
1975 3.32
1976 3.86
1977 4.88
1978 5.97
1979 7.14
1980 8.63
1981 10.15
1982 12.25
1983 15.26
1984 19.02
1985 23.16
1986 27.89
1987 30.71
1988 34.14
1989 37.73
1990 42.69
1991 46.99
1992 52.37
1993 56.24
1994 60.33
1995 62.40
1996 63.89
1997 66.37
1998 68.91
1999 71.23
2000 73.67
2001 76.41
2002 79.61
2003 82.34
2004 84.31
2005 87.12
2006 89.90
2007 92.56
2008 94.17
2009 95.21
2010 95.82
2011 95.56
2012 95.19
2013 97.33
2014 98.02
2015 100.00
2016 101.72
2017 103.25
2018 105.13
2019 106.97
2020 109.04

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