HomeDefinitionsCompareDebt DeflatorThe financial definition for Deflator:A statistical factor used to convert current dollar purchasing power into inflation-adjusted purchasing power. Enabling the comparison of prices while accounting for inflation in two different time periods. Similar MatchesGDP implicit price deflatorGDP implicit price deflatorAn economic technique used to account for inflation by comparing the current-dollar gross domestic product GDP to constant-dollar GDP as a ratio. The ratio accounts for price changes of goods and services that make up GDP and changes in the composite of GDP. Click to compare definitions of Deflator Click to view definitions beginning de |