National Accounts   |   Statistics Division

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Glossary - Definition of Term

Term
GDP deflator
Definition GDP deflator is the implicit price deflator for GDP of which the movements in an implicit price deflator reflect both changes in price and changes in the composition of the aggregate for which the deflator is calculated.
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 

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