Exchange Currency

GNP deflator

Gross National Product deflator. The ratio of a country's nominal GNP to its real GNP, expressed as a percentage. It measures the percentage increase or decrease in the price of products and services (inflation) by comparing the current GNP to a base period.

Related information about GNP deflator:
  1. Gross National Product (GNP) Deflator Definition | Investopedia
    An economic metric that accounts for the effects of inflation in the current year's gross national product by converting its output to a level relative to a base period.
     
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    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 ...
     
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    GNP Deflator Definition. London South East has an extensive glossary of financial definitions, offering simple explanations. Please avoid using phrases such as: ...
     
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    To obtain a comparison with past GNPs, the real GNP is calculated in constant dollars using what is known as the GNP deflator. The difference between reported ...