United States - GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in United States was 108.60 as of 2020. Its highest value over the past 60 years was 108.60 in 2020, while its lowest value was 15.72 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 15.72
1961 15.93
1962 16.13
1963 16.30
1964 16.55
1965 16.86
1966 17.35
1967 17.90
1968 18.68
1969 19.61
1970 20.71
1971 21.76
1972 22.70
1973 23.94
1974 26.09
1975 28.51
1976 30.08
1977 31.95
1978 34.20
1979 37.03
1980 40.38
1981 44.20
1982 46.93
1983 48.77
1984 50.53
1985 52.13
1986 53.18
1987 54.49
1988 56.41
1989 58.62
1990 60.82
1991 62.88
1992 64.31
1993 65.83
1994 67.24
1995 68.65
1996 69.90
1997 71.15
1998 71.96
1999 72.99
2000 74.63
2001 76.26
2002 77.47
2003 78.91
2004 81.03
2005 83.56
2006 86.09
2007 88.40
2008 90.12
2009 90.80
2010 91.86
2011 93.78
2012 95.58
2013 97.26
2014 99.06
2015 100.00
2016 101.05
2017 102.95
2018 105.42
2019 107.30
2020 108.60

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