Europe vs Venezuela (Bolivarian Republic of): GDP Deflator — Value US$, 2015 prices

Europe
122.41 USD
in 2024
Venezuela (Bolivarian Republic of)
168.14 USD
in 2024
Europe rank
9th
Venezuela (Bolivarian Republic of) rank
2nd

GDP Deflator — Value US$, 2015 prices over time

  • Europe
  • Venezuela (Bolivarian Republic of)
050100150197019972024

How they compare

Venezuela (Bolivarian Republic of) currently reports 168.14 USD against 122.41 USD in Europe, a difference of 45.73 USD.

That makes Venezuela (Bolivarian Republic of)'s figure about 1.4 times Europe's.

The two have swapped places 9 times across 55 shared years of data; in 1970 it was Europe ahead.

Europe ranks 9th and Venezuela (Bolivarian Republic of) ranks 2nd of 25 groups.

Across the 6 decades both report, Europe averaged higher in 5 and Venezuela (Bolivarian Republic of) in 1.

Head to head by decade

Decade Europe Venezuela (Bolivarian Republic of) Difference Ahead
1970s 33.84 USD 18.36 USD 15.48 USD Europe
1980s 47.94 USD 33.02 USD 14.92 USD Europe
1990s 72.59 USD 28.8 USD 43.79 USD Europe
2000s 90.19 USD 57.51 USD 32.68 USD Europe
2010s 109.4 USD 101.75 USD 7.65 USD Europe
2020s 115.04 USD 127.31 USD 12.27 USD Venezuela (Bolivarian Republic of)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp deflator — value us$, 2015 prices, Europe or Venezuela (Bolivarian Republic of)?
Venezuela (Bolivarian Republic of), at 168.14 USD against 122.41 USD in Europe as of 2024.
What is the difference in gdp deflator — value us$, 2015 prices between Europe and Venezuela (Bolivarian Republic of)?
45.73 USD, with Venezuela (Bolivarian Republic of) ahead.
How many years of comparable data are there for Europe and Venezuela (Bolivarian Republic of)?
55 years are reported by both, from 1970 to 2024.
How do Europe and Venezuela (Bolivarian Republic of) rank globally for gdp deflator — value us$, 2015 prices?
Europe ranks 9th and Venezuela (Bolivarian Republic of) ranks 2nd of 25 groups.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as GDP Deflator — Value US$, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe vs Venezuela (Bolivarian Republic of): GDP Deflator — Value US$, 2015 prices. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/gdp-deflator-value-us-2015-prices/europe/venezuela-bolivarian-republic-of/

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About this data

Indicator
GDP Deflator — Value US$, 2015 prices
Unit
USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
246 places, 12,582 data points, 1970–2024
Last refreshed

The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).