GDP implicit price deflator
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 composition of GDP.
GDP Price Deflator
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Copyright © 2003-2025 Farlex, Inc
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.