GDP Deflator — Value Standard Local Currency, 2015 prices in India
India: GDP Deflator — Value Standard Local Currency, 2015 prices was 144.77 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in India, 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 India stood at 144.77 SLC. That is the highest value across all 55 years on record.
The figure is up 3.2% on the previous year and up 48.1% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in India peaked at 144.77 SLC in 2024 and was at its lowest, 3.55 SLC, in 1970.
That places India 75th out of 191 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.37 SLC | 3.55 SLC | 7.44 SLC | 10 |
| 1980s | 12.3 SLC | 8.29 SLC | 17.09 SLC | 10 |
| 1990s | 29.51 SLC | 18.91 SLC | 39.39 SLC | 10 |
| 2000s | 51.74 SLC | 40.83 SLC | 68.69 SLC | 10 |
| 2010s | 97.62 SLC | 75.92 SLC | 114.19 SLC | 10 |
| 2020s | 134.57 SLC | 119.69 SLC | 144.77 SLC | 5 |
Countries ranked near India
More economy & growth data for India
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Taxes less subsidies on products (current LCU), annual growth rate 7.91 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 8.05 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 21,766 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0081 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 123.14 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 89.92 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0111 (2025)
- Gdp worldbank constant usd, annual growth rate 7.57 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in India?
- Gdp deflator — value standard local currency, 2015 prices in India was 144.77 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 India?
- The highest recorded value was 144.77 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in India?
- The lowest recorded value was 3.55 SLC in 1970.
- How does India rank for gdp deflator — value standard local currency, 2015 prices?
- India ranks 75th out of 191 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in India?
- Over the last ten years it is up 48.1%. The long-run trend across the full record is volatile.
- Where does this India 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).