Gross Domestic Product (GDP) deflator
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Gross Domestic Product (GDP) deflator

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Nominal GDP divided by real (constant dollar GDP) multiplied by 100. Nominal GDP is the value of output measured in terms of the prices prevailing in the accounting period in question. Real GDP is that output measured in terms of the prices prevailing in some base period. The value of the deflator in the base period is always 100.

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