Venezuela (Venezuela (Bolivarian Republic of)) GDP Deflator Statistics

18, Oct 2019, EDT.

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Country or Region: Venezuela (Venezuela (Bolivarian Republic of)) › Change country
Economic Indicator: GDP Deflator › See all Venezuela indicators, › See GDP Deflator data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Bolivar Fuerte
Currency Symbol: VEF

The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts. See notes for: Gross domestic product, constant prices (National currency) Gross domestic product, current prices (National currency).

GDP Deflator Statistics for Venezuela (Venezuela (Bolivarian Republic of)), Year 2015 - In Detail

GDP Deflator for Venezuela in year 2015 is 10,036.84 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

This makes Venezuela No. 3 in world rankings according to GDP Deflator in year 2015. The world's average GDP Deflator value is 427.87 (Index, Base Year as per country's accounts = 100); Venezuela is 9,608.97 more than the average.

In the previous year, 2014, GDP Deflator for Venezuela was 5,887.69 (Index, Base Year as per country's accounts = 100) GDP Deflator for Venezuela in 2015 was or will be 70.47% more than it was or will be in 2014.

In the following or forecasted year, 2016, GDP Deflator for Venezuela was or will be 52,813.34 (Index, Base Year as per country's accounts = 100), which is 426.19% more than the 2015 figure.

* Source: IMF
GDP Deflator for Venezuela, in other Years
Year (Index, Base Year as per country's accounts = 100)
  2021 1,816,431,848,3
  2020 39,514,611,414.
  2019 972,654,045.34
  2018 27,187,133.80
  2017 926,239.24
  2016 52,813.34
2015 10,036.84
  2014 5,887.69
  2013 3,522.47
  2012 2,663.21
  2011 2,334.93
  2010 1,822.04
  2009 1,248.46
  2008 1,157.78
  2007 889.696
  2006 770.644
  2005 653.618
  2004 504.319
  2003 376.487
  2002 279.016
  2001 209.751
  2000 194.219
  1999 150.031
  1998 118.89
  1997 100
  1996 74.656
  1995 34.639
  1994 22.825
  1993 14.012
  1992 10.644
  1991 8.3
  1990 6.834
  1989 4.822
  1988 2.406
  1987 1.988
  1986 1.509
  1985 1.461
  1984 1.332
  1983 1.182
  1982 1.069
  1981 1.075
  1980 0.946