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Country vs country: Israel and United States compared: Economy > Financial sector > Exchange rates and prices stats

Definitions

  • GDP deflator > Base year varies by country: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
  • Inflation > Consumer prices > Annual %: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used."
  • Inflation > GDP deflator > Annual %: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
  • Official exchange rate > LCU per US$ > Period average: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
  • Real effective exchange rate index > 2005 = 100: Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
  • Wholesale price index > 2005 = 100: Wholesale price index refers to a mix of agricultural and industrial goods at various stages of production and distribution, including import duties. The Laspeyres formula is generally used."
STAT Israel United States HISTORY
GDP deflator > Base year varies by country 109.04
Ranked 159th.
124.24
Ranked 136th. 14% more than Israel

Inflation > Consumer prices > Annual % 3.33%
Ranked 75th.
-0.36%
Ranked 142nd.

Inflation > GDP deflator > Annual % 5.15%
Ranked 45th. 6 times more than United States
0.92%
Ranked 106th.

Official exchange rate > LCU per US$ > Period average $3.93
Ranked 69th. 4 times more than United States
$1.00
Ranked 99th.

Real effective exchange rate index > 2005 = 100 111.71
Ranked 24th. 15% more than United States
96.99
Ranked 80th.

Wholesale price index > 2005 = 100 112.23
Ranked 46th. 2% more than United States
109.85
Ranked 51st.

SOURCES: World Bank national accounts data, and OECD National Accounts data files.; International Monetary Fund, International Financial Statistics and data files.; International Monetary Fund, International Financial Statistics.

Citation

"Economy > Financial sector > Exchange rates and prices: Israel and United States compared", NationMaster. Retrieved from http://www.nationmaster.com/country-info/compare/Israel/United-States/Economy/Financial-sector/Exchange-rates-and-prices