GDP Deflator — Value Standard Local Currency, 2015 prices, annual in South Africa
South Africa: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 3.84 % change on previous year in 2024. ▼ Falling
Latest (2024)
3.84 % change on previous year
Change on year
down 15.1%
World rank
96th
of 209 countries
All-time high
24.91 % change on previous year
in 1980
All-time low
3.84 % change on previous year
in 2024
Years of data
54
1971–2024
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in South Africa, 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 South Africa is 3.84 % change on previous year, measured in 2024. That is the lowest value across all 54 years on record.
The figure is down 15.1% on the previous year and down 28.4% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in South Africa peaked at 24.91 % change on previous year in 1980 and was at its lowest, 3.84 % change on previous year, in 2024.
That places South Africa 96th out of 209 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in South Africa, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.98 % change on previous year | — |
| 1972 | 11.02 % change on previous year | +84.2% |
| 1973 | 18.33 % change on previous year | +66.4% |
| 1974 | 15.9 % change on previous year | -13.2% |
| 1975 | 10.67 % change on previous year | -32.9% |
| 1976 | 10.42 % change on previous year | -2.4% |
| 1977 | 11.17 % change on previous year | +7.2% |
| 1978 | 11.68 % change on previous year | +4.6% |
| 1979 | 15.13 % change on previous year | +29.5% |
| 1980 | 24.91 % change on previous year | +64.7% |
| 1981 | 9.93 % change on previous year | -60.2% |
| 1982 | 13.94 % change on previous year | +40.4% |
| 1983 | 16.57 % change on previous year | +18.9% |
| 1984 | 11.52 % change on previous year | -30.5% |
| 1985 | 16.8 % change on previous year | +45.8% |
| 1986 | 17.06 % change on previous year | +1.6% |
| 1987 | 14.5 % change on previous year | -15.0% |
| 1988 | 15.18 % change on previous year | +4.7% |
| 1989 | 17.26 % change on previous year | +13.7% |
| 1990 | 15.52 % change on previous year | -10.1% |
| 1991 | 15.73 % change on previous year | +1.3% |
| 1992 | 14.57 % change on previous year | -7.3% |
| 1993 | 13.09 % change on previous year | -10.2% |
| 1994 | 9.81 % change on previous year | -25.0% |
| 1995 | 10.84 % change on previous year | +10.5% |
| 1996 | 8.02 % change on previous year | -26.0% |
| 1997 | 8.14 % change on previous year | +1.4% |
| 1998 | 8.08 % change on previous year | -0.8% |
| 1999 | 6.89 % change on previous year | -14.7% |
| 2000 | 9.18 % change on previous year | +33.3% |
| 2001 | 7.8 % change on previous year | -15.0% |
| 2002 | 12.54 % change on previous year | +60.7% |
| 2003 | 6.4 % change on previous year | -49.0% |
| 2004 | 6.04 % change on previous year | -5.5% |
| 2005 | 5.6 % change on previous year | -7.4% |
| 2006 | 6.06 % change on previous year | +8.4% |
| 2007 | 8.25 % change on previous year | +36.0% |
| 2008 | 7.85 % change on previous year | -4.8% |
| 2009 | 8.66 % change on previous year | +10.4% |
| 2010 | 6.13 % change on previous year | -29.3% |
| 2011 | 5.54 % change on previous year | -9.6% |
| 2012 | 4.69 % change on previous year | -15.4% |
| 2013 | 5.84 % change on previous year | +24.7% |
| 2014 | 5.37 % change on previous year | -8.2% |
| 2015 | 5.55 % change on previous year | +3.3% |
| 2016 | 6.95 % change on previous year | +25.4% |
| 2017 | 5.47 % change on previous year | -21.3% |
| 2018 | 3.99 % change on previous year | -27.0% |
| 2019 | 4.61 % change on previous year | +15.5% |
| 2020 | 5.26 % change on previous year | +14.0% |
| 2021 | 6.5 % change on previous year | +23.6% |
| 2022 | 4.76 % change on previous year | -26.8% |
| 2023 | 4.52 % change on previous year | -4.9% |
| 2024 | 3.84 % change on previous year | -15.1% |
South Africa compared with similar countries
- South Africa's 3.84 % change on previous year is above the median for upper middle income countries, which is 3.82 % change on previous year, 1.0× the median. (51 countries reporting)
- South Africa's 3.84 % change on previous year is below the median for Sub-Saharan Africa, which is 4.4 % change on previous year, 87% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.25 % change on previous year | 5.98 % change on previous year | 18.33 % change on previous year | 9 |
| 1980s | 15.77 % change on previous year | 9.93 % change on previous year | 24.91 % change on previous year | 10 |
| 1990s | 11.07 % change on previous year | 6.89 % change on previous year | 15.73 % change on previous year | 10 |
| 2000s | 7.84 % change on previous year | 5.6 % change on previous year | 12.54 % change on previous year | 10 |
| 2010s | 5.41 % change on previous year | 3.99 % change on previous year | 6.95 % change on previous year | 10 |
| 2020s | 4.98 % change on previous year | 3.84 % change on previous year | 6.5 % change on previous year | 5 |
Countries ranked near South Africa
- 93 Czechia 3.98 % change on previous year compare
- 94 Montenegro 3.96 % change on previous year compare
- 95 Mauritius 3.85 % change on previous year compare
- 97 China, Hong Kong SAR 3.84 % change on previous year compare
- 98 Sri Lanka 3.84 % change on previous year compare
- 99 Georgia 3.82 % change on previous year compare
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0094 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -61.95 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -2.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -192.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0051 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -33.37 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 16.18 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices, annual in South Africa?
- Gdp deflator — value standard local currency, 2015 prices, annual in South Africa was 3.84 % 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 South Africa?
- The highest recorded value was 24.91 % change on previous year in 1980.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in South Africa?
- The lowest recorded value was 3.84 % change on previous year in 2024.
- How does South Africa rank for gdp deflator — value standard local currency, 2015 prices, annual?
- South Africa ranks 96th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in South Africa?
- Over the last ten years it is down 28.4%. The long-run trend across the full record is falling.
- Where does this South Africa 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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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.