GDP Deflator — Value Standard Local Currency, 2015 prices in New Zealand
New Zealand: GDP Deflator — Value Standard Local Currency, 2015 prices was 133.41 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in New Zealand, 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 New Zealand stood at 133.41 SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.6% on the previous year and up 34.7% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in New Zealand peaked at 133.41 SLC in 2024 and was at its lowest, 6.93 SLC, in 1970.
New Zealand ranks 111th 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 New Zealand, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 6.93 SLC | — |
| 1971 | 7.9 SLC | +13.9% |
| 1972 | 8.68 SLC | +10.0% |
| 1973 | 9.33 SLC | +7.5% |
| 1974 | 9.6 SLC | +2.8% |
| 1975 | 11.01 SLC | +14.7% |
| 1976 | 13.25 SLC | +20.3% |
| 1977 | 15.47 SLC | +16.7% |
| 1978 | 17.53 SLC | +13.3% |
| 1979 | 19.79 SLC | +12.9% |
| 1980 | 22.81 SLC | +15.3% |
| 1981 | 26.37 SLC | +15.6% |
| 1982 | 30.09 SLC | +14.1% |
| 1983 | 32.4 SLC | +7.7% |
| 1984 | 35.06 SLC | +8.2% |
| 1985 | 39.84 SLC | +13.6% |
| 1986 | 49.11 SLC | +23.3% |
| 1987 | 54.24 SLC | +10.4% |
| 1988 | 57.56 SLC | +6.1% |
| 1989 | 60.55 SLC | +5.2% |
| 1990 | 61.38 SLC | +1.4% |
| 1991 | 62.23 SLC | +1.4% |
| 1992 | 63.3 SLC | +1.7% |
| 1993 | 64.13 SLC | +1.3% |
| 1994 | 64.83 SLC | +1.1% |
| 1995 | 66.43 SLC | +2.5% |
| 1996 | 67.49 SLC | +1.6% |
| 1997 | 67.82 SLC | +0.5% |
| 1998 | 68.28 SLC | +0.7% |
| 1999 | 68.8 SLC | +0.8% |
| 2000 | 71.2 SLC | +3.5% |
| 2001 | 73.61 SLC | +3.4% |
| 2002 | 73.6 SLC | -0.0% |
| 2003 | 75.16 SLC | +2.1% |
| 2004 | 77.87 SLC | +3.6% |
| 2005 | 79.56 SLC | +2.2% |
| 2006 | 82.1 SLC | +3.2% |
| 2007 | 85.84 SLC | +4.5% |
| 2008 | 88.6 SLC | +3.2% |
| 2009 | 89.08 SLC | +0.5% |
| 2010 | 92.37 SLC | +3.7% |
| 2011 | 94.31 SLC | +2.1% |
| 2012 | 93.86 SLC | -0.5% |
| 2013 | 98.48 SLC | +4.9% |
| 2014 | 99.06 SLC | +0.6% |
| 2015 | 100 SLC | +0.9% |
| 2016 | 102.32 SLC | +2.3% |
| 2017 | 105.09 SLC | +2.7% |
| 2018 | 106.55 SLC | +1.4% |
| 2019 | 109.72 SLC | +3.0% |
| 2020 | 111.31 SLC | +1.5% |
| 2021 | 116.29 SLC | +4.5% |
| 2022 | 122.62 SLC | +5.4% |
| 2023 | 128.77 SLC | +5.0% |
| 2024 | 133.41 SLC | +3.6% |
New Zealand compared with similar countries
- New Zealand's 133.41 SLC is above the median for high income countries, which is 126.04 SLC, 1.1× the median. (68 countries reporting)
- New Zealand's 133.41 SLC is above the median for East Asia & Pacific, which is 131.2 SLC, 1.0× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.95 SLC | 6.93 SLC | 19.79 SLC | 10 |
| 1980s | 40.8 SLC | 22.81 SLC | 60.55 SLC | 10 |
| 1990s | 65.47 SLC | 61.38 SLC | 68.8 SLC | 10 |
| 2000s | 79.66 SLC | 71.2 SLC | 89.08 SLC | 10 |
| 2010s | 100.18 SLC | 92.37 SLC | 109.72 SLC | 10 |
| 2020s | 122.48 SLC | 111.31 SLC | 133.41 SLC | 5 |
Countries ranked near New Zealand
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.11 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 552.02 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8628 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 403.08 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.49 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in New Zealand?
- Gdp deflator — value standard local currency, 2015 prices in New Zealand was 133.41 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 New Zealand?
- The highest recorded value was 133.41 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in New Zealand?
- The lowest recorded value was 6.93 SLC in 1970.
- How does New Zealand rank for gdp deflator — value standard local currency, 2015 prices?
- New Zealand ranks 111th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in New Zealand?
- Over the last ten years it is up 34.7%. The long-run trend across the full record is volatile.
- Where does this New Zealand 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
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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).