In economics, the GDP deflator (implicit price deflator) is a measure of the money price of all new, domestically produced, final goods and services in an economy in a year relative to the real value of them. It can be used as a measure of the value of money. GDP stands for gross domestic product, the total monetary value of all final goods and services produced within the territory of a country over a particular period of time (quarterly or annually).
Like the consumer price index (CPI), the GDP deflator is a measure of price inflation/deflation with respect to a specific base year; the GDP deflator of the base year itself is equal to 100. Unlike the CPI, the GDP deflator is not based on a fixed basket of goods and services; the "basket" for the GDP deflator is allowed to change from year to year with people's consumption and investment patterns.
In economics, the GDPdeflator (implicit price deflator) is a measure of the money price of all new, domestically produced, final goods and services in...
is the GDPdeflator of country X for year i, GDPdefX,b is the GDPdeflator of country X for the benchmark year, GDPdefU,i is the GDPdeflator of the US...
GDPdeflator for year t = N o m i n a l G D P t R e a l G D P t × 100 {\displaystyle t={\frac {Nominal\;GDP_{t}}{Real\;GDP_{t}}}\times 100} Real GDP growth...
the GDPdeflator. Unlike consumer price index, which measures inflation or deflation in the price of household consumer goods, the GDPdeflator measures...
quantity. A deflator serves as a price index in which the effects of inflation are nulled. It is the difference between real and nominal GDP. In the United...
price index (PePP), also referred to as the PCE deflator, PCE price deflator, or the Implicit Price Deflator for Personal Consumption Expenditures (IPD for...
the country eventually fell back into deflation: the growth rate of GDPdeflator was minus 0.3 percent in the third quarter of 2014. As of 2019 Japan's...
Manufactured Articles is currently at 7.3%. Given below is a comparison of GDPDeflator, average consumer price inflation, cost (for filing tax returns) inflation...
publishes a deflator series for US GDP, defined as its nominal GDP measure divided by its real GDP measure. ∴ GDPDeflator = Nominal GDP Real GDP {\displaystyle...
price index Employment cost index Export price index Import price index GDPdeflator No clear consensus has emerged on who created the first price index....
Wholesale Price Index (WPI), as well as various commodity price indices. The GDPdeflator essentially uses a basket made of every good in the economy, in proportion...
country in question (using its GDPdeflator) and several developed nations (employing a weighted average of their GDPdeflators in SDR terms). The resulting...
0.8% real GDP growth. Relatively steady inflation and an increase in GDPdeflator and the Consumer Price Index have contributed to strong economic growth...
accounts aggregates (e.g., GDP, GNP) in constant-price terms. From the GDP figures thus obtained can be derived an implicit GDPdeflator which gives a good indication...
quantity. A deflator serves as a price index in which the effects of inflation are nulled. It is the difference between real and nominal GDP. deleveraging...
ISBN 978-0-19-922720-4. Broadberry, Stephen; Gupta, Bishnupriya (2010). "Indian GDP before 1870: Some preliminary estimates and a comparison with Britain" (PDF)...
Archived 6 October 2014 at the Wayback Machine, October 2007 "Inflation, GDPdeflator (annual %) - Uzbekistan | Data". data.worldbank.org. Archived from the...
minus an index of inflation, such as the rate of change of the CPI or GDPdeflator. The relation between real and nominal interest rates and the expected...
inflation-corrected terms) at any given aggregate average price level (such as the GDPdeflator), P {\displaystyle P} . In these diagrams, typically the Y d {\displaystyle...
Statistics Producer price index GDPdeflator Misery index (economics) Monetary policy Hedonic regression Implicit price deflator (IPD) List of economics topics...
13,000 Rp/USD1. Since an inflation target was introduced in 2000, the GDPdeflator and the CPI have grown at an average annual pace of 10¾% and 9%, respectively...
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