Romania - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Romania was 236.63 as of 2020. Its highest value over the past 30 years was 236.63 in 2020, while its lowest value was 0.03 in 1990.

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
1990 0.03
1991 0.10
1992 0.31
1993 1.00
1994 2.40
1995 3.45
1996 4.97
1997 11.70
1998 17.32
1999 25.90
2000 37.09
2001 51.17
2002 62.79
2003 77.33
2004 89.28
2005 100.00
2006 110.61
2007 128.10
2008 148.62
2009 154.69
2010 160.25
2011 166.29
2012 172.56
2013 178.42
2014 181.62
2015 187.54
2016 192.13
2017 201.12
2018 213.56
2019 228.07
2020 236.63

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