Gross Domestic Product Deflator for Estonia
NGDPDSAIXESQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.55
Year-over-Year Change
12.99%
Date Range
1/1/1995 - 1/1/2025
Summary
The Gross Domestic Product (GDP) Deflator for Estonia is a measure of the general price level of all goods and services produced within the Estonian economy. It is a key indicator used by economists and policymakers to assess inflationary pressures and the real growth of the Estonian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The GDP Deflator is a comprehensive price index that captures changes in the prices of all domestic economic output, including consumer goods and services, business investment, and government spending. It provides a broad measure of inflation compared to more targeted indices like the Consumer Price Index.
Methodology
The Estonian GDP Deflator is calculated by the Estonian Statistics Office using national accounts data.
Historical Context
The GDP Deflator is closely monitored by the Bank of Estonia and other policymakers to inform monetary and fiscal policy decisions.
Key Facts
- The GDP Deflator uses 2015 as the base year.
- Estonia's GDP Deflator reached a high of 119.16 in 2022 Q1.
- The GDP Deflator typically rises more slowly than the Consumer Price Index.
FAQs
Q: What does this economic trend measure?
A: The Gross Domestic Product (GDP) Deflator for Estonia measures the overall price changes of all goods and services produced within the Estonian economy.
Q: Why is this trend relevant for users or analysts?
A: The GDP Deflator is a key indicator used by economists and policymakers to assess inflationary pressures and the real growth of the Estonian economy.
Q: How is this data collected or calculated?
A: The Estonian GDP Deflator is calculated by the Estonian Statistics Office using national accounts data.
Q: How is this trend used in economic policy?
A: The GDP Deflator is closely monitored by the Bank of Estonia and other policymakers to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The GDP Deflator data is typically published on a quarterly basis with a short delay.
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Citation
U.S. Federal Reserve, Gross Domestic Product Deflator for Estonia (NGDPDSAIXESQ), retrieved from FRED.