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Glossary > G > "GDP Price Deflator" Definition

GDP Price Deflator

An economic metric used to account 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.

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GDP Price Deflator \ An economic metric used to account 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.

GDP Price Deflator / an economic metric used to account 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.