Finance

GDP Deflator Calculator

Calculate the GDP deflator to measure overall price changes in an economy.

Nominal GDP ($B)

Real GDP ($B)

In base-year prices

Previous Year GDP Deflator

Optional: for YoY inflation calc

Formula:
GDP Deflator = (Nominal GDP / Real GDP) × 100
Inflation Rate = [(Current − Previous) / Previous] × 100
Base year deflator = 100

GDP Deflator vs CPI

The GDP deflator measures prices of ALL domestically produced goods and services, while CPI only covers a fixed basket of consumer goods. The deflator is broader but updated less frequently.