GDP Deflator — Value Standard Local Currency, 2015 prices in Australia
Australia: GDP Deflator — Value Standard Local Currency, 2015 prices was 137.95 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Australia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2024, gdp deflator — value standard local currency, 2015 prices in Australia stood at 137.95 SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.6% on the previous year and up 37.0% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Australia peaked at 137.95 SLC in 2024 and was at its lowest, 9.69 SLC, in 1970.
Australia ranks 97th 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 in Australia, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 9.69 SLC | — |
| 1971 | 10.29 SLC | +6.2% |
| 1972 | 11.21 SLC | +9.0% |
| 1973 | 13.05 SLC | +16.4% |
| 1974 | 15.2 SLC | +16.5% |
| 1975 | 17.33 SLC | +14.0% |
| 1976 | 19.31 SLC | +11.4% |
| 1977 | 20.9 SLC | +8.2% |
| 1978 | 22.71 SLC | +8.6% |
| 1979 | 24.98 SLC | +10.0% |
| 1980 | 27.36 SLC | +9.5% |
| 1981 | 30.57 SLC | +11.7% |
| 1982 | 33.67 SLC | +10.2% |
| 1983 | 36.32 SLC | +7.9% |
| 1984 | 38.02 SLC | +4.7% |
| 1985 | 40.51 SLC | +6.5% |
| 1986 | 43.36 SLC | +7.0% |
| 1987 | 46.47 SLC | +7.2% |
| 1988 | 50.76 SLC | +9.2% |
| 1989 | 53.85 SLC | +6.1% |
| 1990 | 55.47 SLC | +3.0% |
| 1991 | 56.3 SLC | +1.5% |
| 1992 | 56.78 SLC | +0.9% |
| 1993 | 57.36 SLC | +1.0% |
| 1994 | 58.68 SLC | +2.3% |
| 1995 | 60.27 SLC | +2.7% |
| 1996 | 61.03 SLC | +1.3% |
| 1997 | 61.73 SLC | +1.1% |
| 1998 | 62.02 SLC | +0.5% |
| 1999 | 63.6 SLC | +2.6% |
| 2000 | 66.55 SLC | +4.6% |
| 2001 | 68.44 SLC | +2.8% |
| 2002 | 70.48 SLC | +3.0% |
| 2003 | 72.76 SLC | +3.2% |
| 2004 | 75.54 SLC | +3.8% |
| 2005 | 79.41 SLC | +5.1% |
| 2006 | 83.37 SLC | +5.0% |
| 2007 | 87.17 SLC | +4.6% |
| 2008 | 91.49 SLC | +4.9% |
| 2009 | 92.55 SLC | +1.2% |
| 2010 | 98.28 SLC | +6.2% |
| 2011 | 100.06 SLC | +1.8% |
| 2012 | 99.9 SLC | -0.2% |
| 2013 | 101.3 SLC | +1.4% |
| 2014 | 100.67 SLC | -0.6% |
| 2015 | 100 SLC | -0.7% |
| 2016 | 103.65 SLC | +3.7% |
| 2017 | 105.59 SLC | +1.9% |
| 2018 | 109.25 SLC | +3.5% |
| 2019 | 111.31 SLC | +1.9% |
| 2020 | 114.74 SLC | +3.1% |
| 2021 | 122.97 SLC | +7.2% |
| 2022 | 130.98 SLC | +6.5% |
| 2023 | 134.42 SLC | +2.6% |
| 2024 | 137.95 SLC | +2.6% |
Australia compared with similar countries
- Australia's 137.95 SLC is above the median for high income countries, which is 126.04 SLC, 1.1× the median. (68 countries reporting)
- Australia's 137.95 SLC is above the median for East Asia & Pacific, which is 131.2 SLC, 1.1× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.47 SLC | 9.69 SLC | 24.98 SLC | 10 |
| 1980s | 40.09 SLC | 27.36 SLC | 53.85 SLC | 10 |
| 1990s | 59.32 SLC | 55.47 SLC | 63.6 SLC | 10 |
| 2000s | 78.77 SLC | 66.55 SLC | 92.55 SLC | 10 |
| 2010s | 103 SLC | 98.28 SLC | 111.31 SLC | 10 |
| 2020s | 128.21 SLC | 114.74 SLC | 137.95 SLC | 5 |
Countries ranked near Australia
- 94 Congo 139.55 SLC compare
- 95 Sint Maarten (Dutch part) 138.89 SLC compare
- 96 Croatia 138.04 SLC compare
- 98 Saudi Arabia 137.21 SLC compare
- 99 Guatemala 136.71 SLC compare
- 100 Bosnia and Herzegovina 136.56 SLC compare
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 15.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 537.43 units per person (2025)
- SDRs holdings, SDR, annual growth rate 10.3 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 392.43 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.82 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0037 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Australia?
- Gdp deflator — value standard local currency, 2015 prices in Australia was 137.95 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Australia?
- The highest recorded value was 137.95 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Australia?
- The lowest recorded value was 9.69 SLC in 1970.
- How does Australia rank for gdp deflator — value standard local currency, 2015 prices?
- Australia ranks 97th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Australia?
- Over the last ten years it is up 37.0%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).