GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Canada
Canada: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 3.04 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Canada, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Canada recorded 3.04 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2024.
Compared with earlier readings it is up 97.9% on the previous year and up 56.4% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Canada peaked at 15.09 % change on previous year in 1974 and was at its lowest, -2.32 % change on previous year, in 2009.
Canada ranks 128th of 209 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Canada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.92 % change on previous year | — |
| 1972 | 5.82 % change on previous year | +18.3% |
| 1973 | 9.74 % change on previous year | +67.4% |
| 1974 | 15.09 % change on previous year | +54.9% |
| 1975 | 10.78 % change on previous year | -28.6% |
| 1976 | 9.33 % change on previous year | -13.4% |
| 1977 | 6.72 % change on previous year | -28.0% |
| 1978 | 6.76 % change on previous year | +0.6% |
| 1979 | 10 % change on previous year | +47.8% |
| 1980 | 9.84 % change on previous year | -1.6% |
| 1981 | 10.35 % change on previous year | +5.2% |
| 1982 | 8.83 % change on previous year | -14.7% |
| 1983 | 5.82 % change on previous year | -34.0% |
| 1984 | 3.55 % change on previous year | -39.1% |
| 1985 | 3.34 % change on previous year | -5.8% |
| 1986 | 3.13 % change on previous year | -6.2% |
| 1987 | 4.79 % change on previous year | +53.0% |
| 1988 | 4.54 % change on previous year | -5.3% |
| 1989 | 4.68 % change on previous year | +3.1% |
| 1990 | 3.35 % change on previous year | -28.4% |
| 1991 | 3.06 % change on previous year | -8.8% |
| 1992 | 1.47 % change on previous year | -51.9% |
| 1993 | 1.29 % change on previous year | -12.4% |
| 1994 | 1.46 % change on previous year | +12.9% |
| 1995 | 2.26 % change on previous year | +55.5% |
| 1996 | 1.68 % change on previous year | -26.0% |
| 1997 | 1.15 % change on previous year | -31.5% |
| 1998 | -0.1787 % change on previous year | -115.6% |
| 1999 | 1.92 % change on previous year | -1176.9% |
| 2000 | 4.37 % change on previous year | +127.3% |
| 2001 | 1.57 % change on previous year | -64.0% |
| 2002 | 1.26 % change on previous year | -20.1% |
| 2003 | 3.25 % change on previous year | +158.4% |
| 2004 | 3.26 % change on previous year | +0.4% |
| 2005 | 3.12 % change on previous year | -4.4% |
| 2006 | 2.57 % change on previous year | -17.5% |
| 2007 | 3.3 % change on previous year | +28.3% |
| 2008 | 4 % change on previous year | +21.2% |
| 2009 | -2.32 % change on previous year | -158.2% |
| 2010 | 2.85 % change on previous year | -222.5% |
| 2011 | 3.24 % change on previous year | +13.9% |
| 2012 | 1.22 % change on previous year | -62.5% |
| 2013 | 1.74 % change on previous year | +42.9% |
| 2014 | 1.94 % change on previous year | +11.5% |
| 2015 | -0.8674 % change on previous year | -144.7% |
| 2016 | 0.717 % change on previous year | -182.7% |
| 2017 | 2.57 % change on previous year | +258.5% |
| 2018 | 1.65 % change on previous year | -35.8% |
| 2019 | 1.55 % change on previous year | -6.4% |
| 2020 | 1.07 % change on previous year | -30.8% |
| 2021 | 7.66 % change on previous year | +615.7% |
| 2022 | 7.65 % change on previous year | -0.1% |
| 2023 | 1.53 % change on previous year | -79.9% |
| 2024 | 3.04 % change on previous year | +97.9% |
Canada compared with similar countries
- Canada's 3.04 % change on previous year is above the median for high income countries, which is 2.83 % change on previous year, 1.1× the median. (68 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +1176.9% | -0.1787 % change on previous year | 1.92 % change on previous year |
| 2021 | +615.7% | 1.07 % change on previous year | 7.66 % change on previous year |
| 2017 | +258.5% | 0.717 % change on previous year | 2.57 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.8 % change on previous year | 4.92 % change on previous year | 15.09 % change on previous year | 9 |
| 1980s | 5.89 % change on previous year | 3.13 % change on previous year | 10.35 % change on previous year | 10 |
| 1990s | 1.75 % change on previous year | -0.1787 % change on previous year | 3.35 % change on previous year | 10 |
| 2000s | 2.44 % change on previous year | -2.32 % change on previous year | 4.37 % change on previous year | 10 |
| 2010s | 1.66 % change on previous year | -0.8674 % change on previous year | 3.24 % change on previous year | 10 |
| 2020s | 4.19 % change on previous year | 1.07 % change on previous year | 7.66 % change on previous year | 5 |
Countries ranked near Canada
- 125 Slovenia 3.08 % change on previous year compare
- 126 United Republic of Tanzania 3.06 % change on previous year compare
- 127 Austria 3.05 % change on previous year compare
- 129 Sint Maarten (Dutch part) 3 % change on previous year compare
- 130 Puerto Rico 2.98 % change on previous year compare
- 131 Spain 2.98 % change on previous year compare
More economy & growth data for Canada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 57.17 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0246 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,373 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 69.03 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.48 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0298 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,657 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.88 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices, annual in Canada?
- Gdp deflator — value standard local currency, 2015 prices, annual in Canada was 3.04 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Canada?
- The highest recorded value was 15.09 % change on previous year in 1974.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Canada?
- The lowest recorded value was -2.32 % change on previous year in 2009.
- How does Canada rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Canada ranks 128th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Canada?
- Over the last ten years it is up 56.4%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.