this ppt shows gdp deflator

1. Gdp deflator and its
implication in Indian
context
By:Sajal khandelwal

2. WHAT IS GDP DEFLATOR
In economics, the GDP deflator (implicit price
deflator) is a measure of the level of prices of all
new, domestically produced, final goods and services
in an economy. GDP stands for gross domestic
product, the total value of all final goods and
services produced within that economy during a
specified period.

3. HOW TO CALCULATE GDP
DEFLATOR
GDP DEFLATOR=NOMINAL GDP÷REAL
GDP×100
oNominal gdp is the gdp evaluated at current market prices
oReal gdp is the measure of the value of economic output
adjusted for price change i.e, inflation and deflation

4.  Gdp deflator is measured in index points
 Like the CPI (Consumer Price Index),the gdp deflator is
a measure of price inflation/deflation with respect to a
specific base year itself
 The gdp deflator of the base year itself is equal to 100
 Unlike the cpi, the gdp deflator is not based on a fixed
basket of goods and services
 New expenditure pattern are allowed to show up in the
deflator as people respond to changing prices
 GDP Deflator in India is reported by the Ministry of
Statistics and Programme Implementation (India)
FACTS ABOUT GDP DEFLATOR

5. 
Gdp deflator of india in the
past years

6. As you can see in the year 2011 the gdp deflator was the highest
i.e, 146.5 index points
Currently it is 119.5 it could have been more but the
demonetisation scheme of the government has effected it to a
large extent
It is normally effected by income of the consumer, prices of
goods and services in the economy

7. GDP DEFLATOR OF OTHER COUNTRIES

8. THANK YOU…....