Gross Domestic Product deflator. A measure of the change in prices of goods newly produced within a country over the course of a specific time period. It is used in economics to account for inflation. When the deflator is used, it allows GDP to be compared to other time periods in constant dollars.
Related information about GDP deflator:
- GDP deflator - Wikipedia, the free encyclopedia
In economics, the GDP deflator (implicit price deflator for GDP) is a measure of the level of prices of all new, domestically produced, final goods and services in ...
- GDP Deflator
An explanation of the GDP Deflator and how economists use it.
- GDP Price Deflator Definition | Investopedia
The GDP deflator shows how much a change in the base year's GDP relies upon changes in the price level. Also known as the "GDP implicit price deflator".
- GDP Deflator | Macroeconomics | Khan Academy
Relationship between the GDP deflator, nominal GDP and real GDP.
- Inflation, GDP deflator (annual %) | Data | Table
Inflation, GDP deflator (annual %). Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as ...
- EconPort - GDP Deflator
GDP Deflator is the ratio of the value of aggregate final output at current market prices (Nominal GDP) to its value at the base year prices (Real GDP). In effect ...
- GDP Deflator - Financial Dictionary - The Free Dictionary
A ratio of nominal GDP to real GDP expressed as a percentage. The GDP price deflator is used as a measure of the inflation rate; it does not account for price ...
- What is GDP deflator? definition and meaning
Definition of GDP deflator: Gross Domestic Product deflator. A measure of the change in prices of goods newly produced within a country over the course of a ...