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 103rd of 194 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% |
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)
- Exports of goods and services (current LCU), annual growth rate 8.2 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.4082 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 20,179 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.35 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.204 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 10,085 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -4.05 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2337 current US$ per US$ of GDP (2024)
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 103rd out of 194 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).