GDP Deflator — Value Standard Local Currency, 2015 prices in Democratic People's Republic of Korea
Democratic People's Republic of Korea: GDP Deflator — Value Standard Local Currency, 2015 prices was 110.33 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Democratic People's Republic of Korea, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices in Democratic People's Republic of Korea is 110.33 SLC, measured in 2024.
The figure is up 1.1% on the previous year and up 13.8% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Democratic People's Republic of Korea peaked at 119.66 SLC in 2007 and was at its lowest, 0.6532 SLC, in 1995.
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 Democratic People's Republic of Korea, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 1.55 SLC | — |
| 1971 | 1.55 SLC | +0.0% |
| 1972 | 1.55 SLC | +0.0% |
| 1973 | 1.55 SLC | +0.0% |
| 1974 | 1.55 SLC | +0.0% |
| 1975 | 1.55 SLC | +0.0% |
| 1976 | 1.55 SLC | +0.0% |
| 1977 | 1.55 SLC | +0.0% |
| 1978 | 1.55 SLC | +0.0% |
| 1979 | 1.55 SLC | +0.0% |
| 1980 | 1.55 SLC | +0.0% |
| 1981 | 1.55 SLC | +0.0% |
| 1982 | 1.55 SLC | +0.0% |
| 1983 | 1.55 SLC | +0.0% |
| 1984 | 1.55 SLC | +0.0% |
| 1985 | 1.55 SLC | +0.0% |
| 1986 | 1.55 SLC | +0.0% |
| 1987 | 1.55 SLC | +0.0% |
| 1988 | 1.52 SLC | -1.6% |
| 1989 | 1.67 SLC | +9.6% |
| 1990 | 1.6 SLC | -3.9% |
| 1991 | 1.55 SLC | -3.5% |
| 1992 | 1.48 SLC | -4.3% |
| 1993 | 1.34 SLC | -9.3% |
| 1994 | 1.06 SLC | -20.6% |
| 1995 | 0.6532 SLC | -38.7% |
| 1996 | 1.49 SLC | +128.0% |
| 1997 | 1.55 SLC | +4.3% |
| 1998 | 1.56 SLC | +0.4% |
| 1999 | 1.47 SLC | -5.7% |
| 2000 | 1.51 SLC | +2.8% |
| 2001 | 1.51 SLC | +0.1% |
| 2002 | 103.31 SLC | +6723.9% |
| 2003 | 102.78 SLC | -0.5% |
| 2004 | 101.75 SLC | -1.0% |
| 2005 | 105.46 SLC | +3.6% |
| 2006 | 115.05 SLC | +9.1% |
| 2007 | 119.66 SLC | +4.0% |
| 2008 | 107.63 SLC | -10.1% |
| 2009 | 98.01 SLC | -8.9% |
| 2010 | 82.75 SLC | -15.6% |
| 2011 | 88.38 SLC | +6.8% |
| 2012 | 91.95 SLC | +4.0% |
| 2013 | 93.46 SLC | +1.6% |
| 2014 | 96.96 SLC | +3.7% |
| 2015 | 100 SLC | +3.1% |
| 2016 | 99.44 SLC | -0.6% |
| 2017 | 106.56 SLC | +7.2% |
| 2018 | 109.03 SLC | +2.3% |
| 2019 | 103.98 SLC | -4.6% |
| 2020 | 105.18 SLC | +1.1% |
| 2021 | 111.2 SLC | +5.7% |
| 2022 | 102.36 SLC | -7.9% |
| 2023 | 109.11 SLC | +6.6% |
| 2024 | 110.33 SLC | +1.1% |
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices 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 |
|---|---|---|---|
| 2002 | +6723.9% | 1.51 SLC | 103.31 SLC |
| 1996 | +128.0% | 0.6532 SLC | 1.49 SLC |
| 1995 | -38.7% | 1.06 SLC | 0.6532 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.55 SLC | 1.55 SLC | 1.55 SLC | 10 |
| 1980s | 1.56 SLC | 1.52 SLC | 1.67 SLC | 10 |
| 1990s | 1.38 SLC | 0.6532 SLC | 1.6 SLC | 10 |
| 2000s | 85.67 SLC | 1.51 SLC | 119.66 SLC | 10 |
| 2010s | 97.25 SLC | 82.75 SLC | 109.03 SLC | 10 |
| 2020s | 107.64 SLC | 102.36 SLC | 111.2 SLC | 5 |
Countries ranked near Democratic People's Republic of Korea
- 9 Ethiopia 491.66 SLC compare
- 9 United Republic of Tanzania 131.83 SLC compare
- 10 Ukraine 441.23 SLC compare
- 10 Viet Nam 130.03 SLC compare
- 11 Bolivia (Plurinational State of) 124.02 SLC compare
- 11 Libya 424.42 SLC compare
- 12 Ghana 402.85 SLC compare
- 13 Egypt 388.42 SLC compare
- 13 Timor-Leste 108.68 SLC compare
- 14 Yemen 364.47 SLC compare
- 15 Uzbekistan 358.85 SLC compare
More economy & growth data for Democratic People's Republic of Korea
- Gross Domestic Product — Annual growth US$ 2 % (2024)
- Gross Domestic Product — Value US$ 16,776 million USD (2024)
- Gross Domestic Product — Value US$ per capita 633.08 USD (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 1.67 million million SLC (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 586.84 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 15,550 million USD (2024)
- Gross Domestic Product — Annual growth Standard Local Currency 2 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 0.8713 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 1.69 % (2024)
- GDP Deflator — Value US$, 2015 prices 107.88 USD (2024)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Democratic People's Republic of Korea?
- Gdp deflator — value standard local currency, 2015 prices in Democratic People's Republic of Korea was 110.33 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 Democratic People's Republic of Korea?
- The highest recorded value was 119.66 SLC in 2007.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Democratic People's Republic of Korea?
- The lowest recorded value was 0.6532 SLC in 1995.
- How does Democratic People's Republic of Korea rank for gdp deflator — value standard local currency, 2015 prices?
- Democratic People's Republic of Korea ranks 12th out of 13 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Democratic People's Republic of Korea?
- Over the last ten years it is up 13.8%. 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 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.
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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).