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

Pakistan: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 21.87 % change on previous year in 2024. ◆ Volatile

Latest (2024)
21.87 % change on previous year
Change on year
down 16.4%
World rank
15th
of 209 countries
All-time high
26.16 % change on previous year
in 2023
All-time low
0.922 % change on previous year
in 2016
Years of data
54
1971–2024

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

0102030197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator — value standard local currency, 2015 prices, annual in Pakistan stood at 21.87 % change on previous year.

That represents a change of down 16.4% on the previous year and up 203.3% over ten years.

Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Pakistan peaked at 26.16 % change on previous year in 2023 and was at its lowest, 0.922 % change on previous year, in 2016.

That places Pakistan 15th out of 209 countries with data for 2024, putting it in the top 10%.

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 Pakistan, year by year

Annual values for GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Pakistan, 1971 to 2024.
Year % change on previous year Change
1971 4.74 % change on previous year
1972 6.1 % change on previous year +28.6%
1973 15.85 % change on previous year +159.9%
1974 23.94 % change on previous year +51.0%
1975 22.25 % change on previous year -7.1%
1976 12.09 % change on previous year -45.7%
1977 10.66 % change on previous year -11.8%
1978 9.03 % change on previous year -15.3%
1979 5.47 % change on previous year -39.4%
1980 10.53 % change on previous year +92.5%
1981 11.1 % change on previous year +5.4%
1982 9.37 % change on previous year -15.6%
1983 5.27 % change on previous year -43.7%
1984 9.65 % change on previous year +83.0%
1985 4.54 % change on previous year -53.0%
1986 3.29 % change on previous year -27.4%
1987 4.52 % change on previous year +37.3%
1988 9.62 % change on previous year +112.9%
1989 8.58 % change on previous year -10.7%
1990 6.45 % change on previous year -24.8%
1991 13.06 % change on previous year +102.5%
1992 10.06 % change on previous year -23.0%
1993 8.68 % change on previous year -13.7%
1994 12.91 % change on previous year +48.7%
1995 13.87 % change on previous year +7.5%
1996 8.37 % change on previous year -39.6%
1997 13.38 % change on previous year +59.8%
1998 7.53 % change on previous year -43.8%
1999 5.86 % change on previous year -22.1%
2000 2.73 % change on previous year -53.4%
2001 6.01 % change on previous year +120.3%
2002 3.92 % change on previous year -34.8%
2003 3.55 % change on previous year -9.4%
2004 7.25 % change on previous year +104.1%
2005 5.56 % change on previous year -23.4%
2006 6 % change on previous year +7.9%
2007 10.33 % change on previous year +72.3%
2008 10.92 % change on previous year +5.7%
2009 12.37 % change on previous year +13.3%
2010 10.59 % change on previous year -14.4%
2011 16.41 % change on previous year +55.0%
2012 9.92 % change on previous year -39.6%
2013 7.38 % change on previous year -25.6%
2014 7.21 % change on previous year -2.3%
2015 4.44 % change on previous year -38.4%
2016 0.922 % change on previous year -79.2%
2017 4.03 % change on previous year +337.1%
2018 3.84 % change on previous year -4.7%
2019 9.04 % change on previous year +135.2%
2020 9.94 % change on previous year +10.1%
2021 10.27 % change on previous year +3.2%
2022 13.92 % change on previous year +35.6%
2023 26.16 % change on previous year +88.0%
2024 21.87 % change on previous year -16.4%

Pakistan compared with similar countries

  • Pakistan's 21.87 % change on previous year is above the median for lower middle income countries, which is 4.74 % change on previous year, 4.6× the median. (41 countries reporting)
  • Pakistan's 21.87 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.23 % change on previous year, 6.8× the median. (21 countries reporting)

Biggest year-on-year movements

Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Pakistan 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
2017 +337.1% 0.922 % change on previous year 4.03 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.24 % change on previous year 4.74 % change on previous year 23.94 % change on previous year 9
1980s 7.65 % change on previous year 3.29 % change on previous year 11.1 % change on previous year 10
1990s 10.02 % change on previous year 5.86 % change on previous year 13.87 % change on previous year 10
2000s 6.86 % change on previous year 2.73 % change on previous year 12.37 % change on previous year 10
2010s 7.38 % change on previous year 0.922 % change on previous year 16.41 % change on previous year 10
2020s 16.43 % change on previous year 9.94 % change on previous year 26.16 % change on previous year 5

Countries ranked near Pakistan

  1. 12 Ghana 25.37 % change on previous year compare
  2. 13 Angola 25.24 % change on previous year compare
  3. 14 Haiti 24.42 % change on previous year compare
  4. 16 Sierra Leone 20 % change on previous year compare
  5. 17 Suriname 19.7 % change on previous year compare
  6. 18 Zambia 18.78 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Pakistan

All data for Pakistan →

Frequently asked questions

What is gdp deflator — value standard local currency, 2015 prices, annual in Pakistan?
Gdp deflator — value standard local currency, 2015 prices, annual in Pakistan was 21.87 % 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 Pakistan?
The highest recorded value was 26.16 % change on previous year in 2023.
What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Pakistan?
The lowest recorded value was 0.922 % change on previous year in 2016.
How does Pakistan rank for gdp deflator — value standard local currency, 2015 prices, annual?
Pakistan ranks 15th out of 209 countries with data for 2024.
Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Pakistan?
Over the last ten years it is up 203.3%. The long-run trend across the full record is volatile.
Where does this Pakistan 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 Pakistan. 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/pakistan/

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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.