GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Democratic People's Republic of Korea
Democratic People's Republic of Korea: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 1.12 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Democratic People's Republic of Korea, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices, annual in Democratic People's Republic of Korea is 1.12 % change on previous year, measured in 2024.
The figure is down 83.0% on the previous year and down 70.1% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Democratic People's Republic of Korea peaked at 128.03 % change on previous year in 1996 and was at its lowest, -38.67 % change on previous year, in 1995.
That places Democratic People's Republic of Korea 176th out of 209 countries with data for 2024, putting it in the bottom quarter.
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 Democratic People's Republic of Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 0 % change on previous year | — |
| 1972 | 0 % change on previous year | — |
| 1973 | 0 % change on previous year | — |
| 1974 | 0 % change on previous year | — |
| 1975 | 0 % change on previous year | — |
| 1976 | 0 % change on previous year | — |
| 1977 | 0 % change on previous year | — |
| 1978 | 0 % change on previous year | — |
| 1979 | 0 % change on previous year | — |
| 1980 | 0 % change on previous year | — |
| 1981 | 0 % change on previous year | — |
| 1982 | 0 % change on previous year | — |
| 1983 | 0 % change on previous year | — |
| 1984 | 0 % change on previous year | — |
| 1985 | 0 % change on previous year | — |
| 1986 | 0 % change on previous year | — |
| 1987 | 0 % change on previous year | — |
| 1988 | -1.64 % change on previous year | — |
| 1989 | 9.59 % change on previous year | -686.3% |
| 1990 | -3.92 % change on previous year | -140.9% |
| 1991 | -3.5 % change on previous year | -10.7% |
| 1992 | -4.32 % change on previous year | +23.6% |
| 1993 | -9.28 % change on previous year | +114.7% |
| 1994 | -20.64 % change on previous year | +122.4% |
| 1995 | -38.67 % change on previous year | +87.3% |
| 1996 | 128.03 % change on previous year | -431.1% |
| 1997 | 4.26 % change on previous year | -96.7% |
| 1998 | 0.4308 % change on previous year | -89.9% |
| 1999 | -5.67 % change on previous year | -1416.2% |
| 2000 | 2.77 % change on previous year | -148.8% |
| 2001 | 0.1409 % change on previous year | -94.9% |
| 2003 | -0.5159 % change on previous year | -466.2% |
| 2004 | -0.9973 % change on previous year | +93.3% |
| 2005 | 3.64 % change on previous year | -465.2% |
| 2006 | 9.1 % change on previous year | +149.7% |
| 2007 | 4.01 % change on previous year | -55.9% |
| 2008 | -10.06 % change on previous year | -350.9% |
| 2009 | -8.93 % change on previous year | -11.2% |
| 2010 | -15.58 % change on previous year | +74.4% |
| 2011 | 6.8 % change on previous year | -143.7% |
| 2012 | 4.04 % change on previous year | -40.7% |
| 2013 | 1.65 % change on previous year | -59.2% |
| 2014 | 3.75 % change on previous year | +127.4% |
| 2015 | 3.13 % change on previous year | -16.4% |
| 2016 | -0.5646 % change on previous year | -118.0% |
| 2017 | 7.17 % change on previous year | -1369.2% |
| 2018 | 2.31 % change on previous year | -67.7% |
| 2019 | -4.62 % change on previous year | -299.9% |
| 2020 | 1.15 % change on previous year | -124.8% |
| 2021 | 5.73 % change on previous year | +399.3% |
| 2022 | -7.95 % change on previous year | -238.8% |
| 2023 | 6.59 % change on previous year | -182.9% |
| 2024 | 1.12 % change on previous year | -83.0% |
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Democratic People's Republic of Korea 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 |
|---|---|---|---|
| 2017 | +1369.2% | -0.5646 % change on previous year | 7.17 % change on previous year |
| 1999 | -1416.2% | 0.4308 % change on previous year | -5.67 % change on previous year |
| 1989 | +686.3% | -1.64 % change on previous year | 9.59 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 % change on previous year | 0 % change on previous year | 0 % change on previous year | 9 |
| 1980s | 0.7953 % change on previous year | -1.64 % change on previous year | 9.59 % change on previous year | 10 |
| 1990s | 4.67 % change on previous year | -38.67 % change on previous year | 128.03 % change on previous year | 10 |
| 2000s | -0.0944 % change on previous year | -10.06 % change on previous year | 9.1 % change on previous year | 9 |
| 2010s | 0.8084 % change on previous year | -15.58 % change on previous year | 7.17 % change on previous year | 10 |
| 2020s | 1.33 % change on previous year | -7.95 % change on previous year | 6.59 % change on previous year | 5 |
Countries ranked near Democratic People's Republic of Korea
- 173 Eritrea 1.26 % change on previous year compare
- 174 Tuvalu 1.23 % change on previous year compare
- 175 Armenia 1.16 % change on previous year compare
- 177 Saint Lucia 0.963 % change on previous year compare
- 178 Thailand 0.9269 % change on previous year compare
- 179 Indonesia 0.8915 % change on previous year compare
More economy & growth data for Democratic People's Republic of Korea
- Gross Domestic Product — Value US$ 16,776 million USD (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 0.8709 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 0.8712 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency 1.85 million million SLC (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.8713 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 1.69 % (2024)
- Gross Domestic Product — Annual growth US$ 2 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency 2 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 15,550 million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 586.84 USD (2024)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices, annual in Democratic People's Republic of Korea?
- Gdp deflator — value standard local currency, 2015 prices, annual in Democratic People's Republic of Korea was 1.12 % 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 Democratic People's Republic of Korea?
- The highest recorded value was 128.03 % change on previous year in 1996.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Democratic People's Republic of Korea?
- The lowest recorded value was -38.67 % change on previous year in 1995.
- How does Democratic People's Republic of Korea rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Democratic People's Republic of Korea ranks 176th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Democratic People's Republic of Korea?
- Over the last ten years it is down 70.1%. The long-run trend across the full record is volatile.
- Where does this Democratic People's Republic of Korea 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.
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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.