What does gdp deflator mean?
Definitions for gdp deflator
gdp deflator
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Wikipedia
GDP deflator
In economics, the GDP deflator (implicit price deflator) is a measure of the level of prices of all new, domestically produced, final goods and services in an economy in a year. 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.
Numerology
Chaldean Numerology
The numerical value of gdp deflator in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of gdp deflator in Pythagorean Numerology is: 9
Translations for gdp deflator
From our Multilingual Translation Dictionary
- ஜிடிபி டிஃப்ளேட்டர்Tamil
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"gdp deflator." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/gdp+deflator>.
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