GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Ireland

Ireland: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 3.34 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.34 % change on previous year
Change on year
down 7.7%
World rank
114th
of 209 countries
All-time high
21.02 % change on previous year
in 1976
All-time low
-4.62 % change on previous year
in 2009
Years of data
54
1971–2024

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Ireland, 1971–2024

01020197119972024

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 Ireland is 3.34 % change on previous year, measured in 2024.

That represents a change of down 7.7% on the previous year and up 1,182.0% over ten years.

Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Ireland peaked at 21.02 % change on previous year in 1976 and was at its lowest, -4.62 % change on previous year, in 2009.

Ireland ranks 114th 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 Ireland, year by year

Annual values for GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Ireland, 1971 to 2024.
Year % change on previous year Change
1971 10.54 % change on previous year
1972 13.39 % change on previous year +27.0%
1973 15.27 % change on previous year +14.1%
1974 6.09 % change on previous year -60.1%
1975 20.13 % change on previous year +230.7%
1976 21.02 % change on previous year +4.4%
1977 13.27 % change on previous year -36.9%
1978 10.53 % change on previous year -20.7%
1979 13.68 % change on previous year +29.9%
1980 14.71 % change on previous year +7.5%
1981 17.44 % change on previous year +18.6%
1982 15.18 % change on previous year -13.0%
1983 10.71 % change on previous year -29.5%
1984 6.38 % change on previous year -40.4%
1985 5.19 % change on previous year -18.7%
1986 6.55 % change on previous year +26.3%
1987 2.2 % change on previous year -66.4%
1988 3.25 % change on previous year +47.7%
1989 5.52 % change on previous year +70.1%
1990 -0.7291 % change on previous year -113.2%
1991 1.8 % change on previous year -347.1%
1992 2.81 % change on previous year +56.1%
1993 5.18 % change on previous year +84.0%
1994 1.69 % change on previous year -67.3%
1995 3.03 % change on previous year +79.1%
1996 2.29 % change on previous year -24.5%
1997 3.93 % change on previous year +71.4%
1998 6.55 % change on previous year +66.8%
1999 4.38 % change on previous year -33.2%
2000 6.87 % change on previous year +57.1%
2001 6.86 % change on previous year -0.2%
2002 5.19 % change on previous year -24.4%
2003 3.91 % change on previous year -24.6%
2004 0.5158 % change on previous year -86.8%
2005 3.07 % change on previous year +495.8%
2006 3.42 % change on previous year +11.3%
2007 1.2 % change on previous year -65.0%
2008 -0.5046 % change on previous year -142.1%
2009 -4.62 % change on previous year +816.5%
2010 -2.86 % change on previous year -38.2%
2011 1.86 % change on previous year -165.2%
2012 2.44 % change on previous year +30.6%
2013 1.34 % change on previous year -45.0%
2014 0.2609 % change on previous year -80.5%
2015 8.91 % change on previous year +3315.0%
2016 0.119 % change on previous year -98.7%
2017 1.5 % change on previous year +1160.7%
2018 0.924 % change on previous year -38.4%
2019 3.39 % change on previous year +267.1%
2020 -1.92 % change on previous year -156.7%
2021 1.1 % change on previous year -157.1%
2022 6.76 % change on previous year +515.9%
2023 3.62 % change on previous year -46.4%
2024 3.34 % change on previous year -7.7%

Ireland compared with similar countries

  • Ireland's 3.34 % change on previous year is above the median for high income countries, which is 2.83 % change on previous year, 1.2× the median. (68 countries reporting)
  • Ireland's 3.34 % change on previous year is below the median for Europe & Central Asia, which is 3.37 % change on previous year, 99% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Ireland 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.

YearChange FromTo
2015 +3315.0% 0.2609 % change on previous year 8.91 % change on previous year
2017 +1160.7% 0.119 % change on previous year 1.5 % change on previous year
2009 -816.5% -0.5046 % change on previous year -4.62 % change on previous year
2022 +515.9% 1.1 % change on previous year 6.76 % change on previous year
2005 +495.8% 0.5158 % change on previous year 3.07 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 13.77 % change on previous year 6.09 % change on previous year 21.02 % change on previous year 9
1980s 8.71 % change on previous year 2.2 % change on previous year 17.44 % change on previous year 10
1990s 3.09 % change on previous year -0.7291 % change on previous year 6.55 % change on previous year 10
2000s 2.59 % change on previous year -4.62 % change on previous year 6.87 % change on previous year 10
2010s 1.79 % change on previous year -2.86 % change on previous year 8.91 % change on previous year 10
2020s 2.58 % change on previous year -1.92 % change on previous year 6.76 % change on previous year 5

Countries ranked near Ireland

  1. 111 Cyprus 3.54 % change on previous year compare
  2. 112 Montserrat 3.52 % change on previous year compare
  3. 113 Lithuania 3.39 % change on previous year compare
  4. 115 Liberia 3.25 % change on previous year compare
  5. 116 Namibia 3.25 % change on previous year compare
  6. 117 Singapore 3.24 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Ireland

All data for Ireland →

Frequently asked questions

What is gdp deflator — value standard local currency, 2015 prices, annual in Ireland?
Gdp deflator — value standard local currency, 2015 prices, annual in Ireland was 3.34 % 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 Ireland?
The highest recorded value was 21.02 % change on previous year in 1976.
What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Ireland?
The lowest recorded value was -4.62 % change on previous year in 2009.
How does Ireland rank for gdp deflator — value standard local currency, 2015 prices, annual?
Ireland ranks 114th out of 209 countries with data for 2024.
Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Ireland?
Over the last ten years it is up 1,182.0%. The long-run trend across the full record is volatile.
Where does this Ireland 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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GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Ireland. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-standard-local-currency-2015-prices-annual-growth-rate/ireland/

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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

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

Indicator
GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,569 data points, 1971–2024
Last refreshed

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.