GDP Deflator

   A price index applied to the cash or nominal estimates of gross domestic product in order to produce a more accurate or 'real' value of GDP. Deflators remove the effects of inflation, which boosts the nominal value of GDP but does not change the underlying real level of output.
   ► See also GDP.

Financial and business terms. 2012.

Look at other dictionaries:

  • GDP deflator — In economics, the GDP deflator (implicit price deflator for GDP) is a measure of the change in prices of all new, domestically produced, final goods and services in an economy. GDP stands for gross domestic product, the total value of all final… …   Wikipedia

  • GDP deflator — The factor by which the value of GDP (see gross domestic product) at current prices must be reduced (deflated) to express GDP in terms of the prices of some base year (e. g. 1980). The GDP deflator is thus a measure of inflation …   Big dictionary of business and management

  • Gross Domestic Product (GDP) Deflator — Дефлятор ВВП – индекс, отражающий изменения цен на товары и услуги. Положительный показатель, отражает рост цен, в то время как отрицательный говорит о снижении цен. Дефлятор считается  более оптимальным  показателем изменения цен, чем  индекс… …   Финансовый словарь

  • Deflator — For GDP deflator, see GDP Deflator. In statistics, a deflator is a value that allows data to be measured over time in terms of some base period, usually through a price index, in order to distinguish between a changes in the money value of a… …   Wikipedia

  • GDP Price Deflator — An economic metric that accounts for inflation by converting output measured at current prices into constant dollar GDP. 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 …   Investment dictionary

  • deflator — A statistical factor used to convert current dollar purchasing power into inflation adjusted purchasing power. Enables the comparison of prices while accounting for inflation in two different time periods. Bloomberg Financial Dictionary * * *… …   Financial and business terms

  • GDP implicit price deflator — An economic technique used to account for inflation by comparing the current dollar gross domestic product GDP to >constant dollar GDP as a ratio. The ratio accounts for price changes of goods and services that make up GDP and changes in the… …   Financial and business terms

  • Measuring GDP — Gross domestic product, GDP, is defined as the total value of all goods and services produced within that territory during a given year. GDP is designed to measure the market value of production that flows through the economy. Includes only goods …   Wikipedia

  • Real GDP — is a macroeconomic measure of the size of an economy adjusted for price changes and inflation.Real GDP measures the output of final goods and services produced, and incomes earned at constant prices. Real GDP = [(Nominal GDP)/(GDP deflator)] x… …   Wikipedia

  • Gross domestic product (GDP) implicit price deflator —   The implicit price deflator, published by the U.S. Department of Commerce, Bureau of Economic Analysis, is used to convert nominal figures to real figures.   U.S. Dept. of Energy, Energy Information Administration s Energy Glossary …   Energy terms

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