GDP Deflator — Value Standard Local Currency, 2015 prices in Ireland
Ireland: GDP Deflator — Value Standard Local Currency, 2015 prices was 120.21 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Ireland, 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 Ireland stood at 120.21 SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.3% on the previous year and up 30.9% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Ireland peaked at 120.21 SLC in 2024 and was at its lowest, 7.09 SLC, in 1970.
That places Ireland 161st out of 209 countries with data for 2024, putting it in the bottom quarter.
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 Ireland, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 7.09 SLC | — |
| 1971 | 7.84 SLC | +10.5% |
| 1972 | 8.89 SLC | +13.4% |
| 1973 | 10.24 SLC | +15.3% |
| 1974 | 10.87 SLC | +6.1% |
| 1975 | 13.05 SLC | +20.1% |
| 1976 | 15.8 SLC | +21.0% |
| 1977 | 17.9 SLC | +13.3% |
| 1978 | 19.78 SLC | +10.5% |
| 1979 | 22.48 SLC | +13.7% |
| 1980 | 25.79 SLC | +14.7% |
| 1981 | 30.29 SLC | +17.4% |
| 1982 | 34.89 SLC | +15.2% |
| 1983 | 38.62 SLC | +10.7% |
| 1984 | 41.09 SLC | +6.4% |
| 1985 | 43.22 SLC | +5.2% |
| 1986 | 46.05 SLC | +6.5% |
| 1987 | 47.06 SLC | +2.2% |
| 1988 | 48.59 SLC | +3.2% |
| 1989 | 51.27 SLC | +5.5% |
| 1990 | 50.9 SLC | -0.7% |
| 1991 | 51.81 SLC | +1.8% |
| 1992 | 53.27 SLC | +2.8% |
| 1993 | 56.03 SLC | +5.2% |
| 1994 | 56.98 SLC | +1.7% |
| 1995 | 58.71 SLC | +3.0% |
| 1996 | 60.05 SLC | +2.3% |
| 1997 | 62.41 SLC | +3.9% |
| 1998 | 66.5 SLC | +6.6% |
| 1999 | 69.41 SLC | +4.4% |
| 2000 | 74.18 SLC | +6.9% |
| 2001 | 79.27 SLC | +6.9% |
| 2002 | 83.39 SLC | +5.2% |
| 2003 | 86.65 SLC | +3.9% |
| 2004 | 87.09 SLC | +0.5% |
| 2005 | 89.77 SLC | +3.1% |
| 2006 | 92.84 SLC | +3.4% |
| 2007 | 93.95 SLC | +1.2% |
| 2008 | 93.48 SLC | -0.5% |
| 2009 | 89.16 SLC | -4.6% |
| 2010 | 86.61 SLC | -2.9% |
| 2011 | 88.22 SLC | +1.9% |
| 2012 | 90.37 SLC | +2.4% |
| 2013 | 91.58 SLC | +1.3% |
| 2014 | 91.82 SLC | +0.3% |
| 2015 | 100 SLC | +8.9% |
| 2016 | 100.12 SLC | +0.1% |
| 2017 | 101.62 SLC | +1.5% |
| 2018 | 102.56 SLC | +0.9% |
| 2019 | 106.04 SLC | +3.4% |
| 2020 | 104 SLC | -1.9% |
| 2021 | 105.14 SLC | +1.1% |
| 2022 | 112.25 SLC | +6.8% |
| 2023 | 116.32 SLC | +3.6% |
| 2024 | 120.21 SLC | +3.3% |
Ireland compared with similar countries
- Ireland's 120.21 SLC is below the median for high income countries, which is 126.04 SLC, 95% of the median. (68 countries reporting)
- Ireland's 120.21 SLC is below the median for Europe & Central Asia, which is 134.77 SLC, 89% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.39 SLC | 7.09 SLC | 22.48 SLC | 10 |
| 1980s | 40.69 SLC | 25.79 SLC | 51.27 SLC | 10 |
| 1990s | 58.61 SLC | 50.9 SLC | 69.41 SLC | 10 |
| 2000s | 86.98 SLC | 74.18 SLC | 93.95 SLC | 10 |
| 2010s | 95.89 SLC | 86.61 SLC | 106.04 SLC | 10 |
| 2020s | 111.58 SLC | 104 SLC | 120.21 SLC | 5 |
Countries ranked near Ireland
- 158 Guinea-Bissau 121.15 SLC compare
- 159 Dominica 120.84 SLC compare
- 160 Costa Rica 120.48 SLC compare
- 162 San Marino 120.19 SLC compare
- 163 Cyprus 120.07 SLC compare
- 164 France 119.94 SLC compare
More economy & growth data for Ireland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.52 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 7.18 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0082 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,078 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.06 % 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 787.03 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.45 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0048 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Ireland?
- Gdp deflator — value standard local currency, 2015 prices in Ireland was 120.21 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 Ireland?
- The highest recorded value was 120.21 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Ireland?
- The lowest recorded value was 7.09 SLC in 1970.
- How does Ireland rank for gdp deflator — value standard local currency, 2015 prices?
- Ireland ranks 161st out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Ireland?
- Over the last ten years it is up 30.9%. The long-run trend across the full record is volatile.
- Where does this Ireland 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).