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Country Name Country Code Series Name Series Code 2015 [YR2015]

Denmark DNK Consumer price index (2010 = 100FP.CPI.TOTL 107.13329167


Denmark DNK GDP (current LCU) NY.GDP.MKTP.CN 2036356221000
Denmark DNK GDP (constant LCU) NY.GDP.MKTP.KN 2036356221000

GDP Deflator Inflation rate using GDP Deflator


2015 100.00 2016 0.25
2016 100.25 2017 1.18
2017 101.44 2018 0.75
2018 102.20 2019 1.05
2019 103.27 2020 2.61
2020 105.97 2021 2.77
2021 108.90

2016 2017 2018


Inflation rate using GDP Deflator 0.25 1.18 0.75
Inflation rate using CPI 0.25 1.15 0.81

The change in inflation rate


Comment: The inflation ra
over the course of time. T
3
from 2016 to 2018 but ha
2.5 rate using GDP Deflator is
2
former's unlimited consum
Because CPI cannot depic
1.5
fixed basket of goods, the
1 inconsiderable change fro
0.5

0
2016 2017 2018 2019 2020 2021

Inflation rate using GDP Deflator Inflation rate using CPI


2016 [YR2016] 2017 [YR2017] 2018 [YR2018] 2019 [YR2019] 2020 [YR2020]
107.4011249 108.633157754 109.5170074101 110.3472904205 110.811534684403
2107808218000 2192960002000 2253316249000 2310954835000 2323919331000
2102455468000 2161781218000 2204790662000 2237718923000 2193085212000

Inflation rate using CPI


2016 0.25
2017 1.15
2018 0.81
2019 0.76
2020 0.42
2021 1.85

2019 2020 2021


1.05 2.61 2.77
0.76 0.42 1.85

nt: The inflation rate using two calculations had a significant change
e course of time. The two inflation rates showed almost the same figures
16 to 2018 but had a converse fluctuation from 2019 to 2020. Inflation
ng GDP Deflator is slightly different from the one using CPI due to the
s unlimited consumer goods (it represents the country's economy).
CPI cannot depict complex patterns in price changes and is based on
sket of goods, the inflation rates using CPI and GDP Deflator result in an
erable change from the last 3 years.
2021 [YR2021]
112.864922774752
2504177717000
2299575017000
Code License Type
FP.CPI.TOTL CC BY-4.0
NY.GDP.MKTP.CN CC BY-4.0
NY.GDP.MKTP.KN CC BY-4.0
Indicator Name
Consumer price index (2010 = 100)
GDP (current LCU)
GDP (constant LCU)
Long definition
Consumer price index reflects changes in the cost to the averag
GDP at purchaser's prices is the sum of gross value added by all
GDP is the sum of gross value added by all resident producers i
Source
International Monetary Fund, International Financial Statistics a
World Bank national accounts data, and OECD National Accounts
World Bank national accounts data, and OECD National Accounts
Topic
Financial Sector: Exchange rates & prices
Economic Policy & Debt: National accounts: Local currency at cu
Economic Policy & Debt: National accounts: Local currency at co
Periodicity
Annual
Annual
Annual
Base Period
2010

varies by country
Statistical concept and methodology
Consumer price indexes are constructed explicitly, using survey
Development relevance
A general and continuing increase in an economy’s price level is
Limitations and exceptions
Consumer price indexes should be interpreted with caution. The
License URL
https://datacatalog.worldbank.org/public-licenses#cc-by
https://datacatalog.worldbank.org/public-licenses#cc-by
https://datacatalog.worldbank.org/public-licenses#cc-by

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