Series: Staff Discussion Notes
Author(s): Thomas Alexander , Claudia Dziobek , Marco Marini , Eric Metreau , and Michael Stanger
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 02 February 2017
Keywords: GDP at constant prices, GDP deflator, G20 Data Gaps Initiative, single and double deflation, China, India
To derive real GDP, the System of National Accounts 2008 (2008 SNA) recommends a technique called double deflation. Some countries use single deflation techniques, which fail to capture important relative price cha...