The formula used to calculate the deflator is: The formula implies that dividing the nominal GDP by the GDP deflator and multiplying it by 100 will give the It is often useful to consider implicit price deflators for certain subcategories of GDP, such as computer hardware.

For example, for computer hardware, we could define a "unit" to be a computer with a specific level of processing power, memory, hard drive space and so on. In this case, it is useful to think of the price deflator as the ratio of the current-year price of a good to its price in some base year. In practice, the difference between the deflator and a price index like the The GDP deflator is reported by the The GDP and GDP deflator are calculated by the The GDP and GDP deflator series are published by the The GDP and GDP deflator series are published by The GDP and GDP deflator are calculated by the The GDP and GDP deflator are calculated by the The GDP and GDP deflator are calculated by the The GDP and GDP deflator series are published by the The GDP and GDP deflator series are published by the
A price deflator of 200 means that the current-year price of this computing power is twice its base-year price - price inflation.

A price deflator of 50 means that the current-year price is half the base year price - price deflation. The price in the base year is normalized to 100. In most systems of national accounts the GDP deflator measures the ratio of nominal (or current-price) GDP to the real (or chain volume) measure of GDP.

This can lead to a situation where official statistics reflect a drop in prices, even though they have stayed the same.

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