GDP Deflator — Value Standard Local Currency, 2015 prices in South Africa
South Africa: GDP Deflator — Value Standard Local Currency, 2015 prices was 156.43 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in South Africa, 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 South Africa is 156.43 SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 65.1% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in South Africa peaked at 156.43 SLC in 2024 and was at its lowest, 0.9896 SLC, in 1970.
South Africa ranks 65th 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 South Africa, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0.9896 SLC | — |
| 1971 | 1.05 SLC | +6.0% |
| 1972 | 1.16 SLC | +11.0% |
| 1973 | 1.38 SLC | +18.3% |
| 1974 | 1.6 SLC | +15.9% |
| 1975 | 1.77 SLC | +10.7% |
| 1976 | 1.95 SLC | +10.4% |
| 1977 | 2.17 SLC | +11.2% |
| 1978 | 2.42 SLC | +11.7% |
| 1979 | 2.79 SLC | +15.1% |
| 1980 | 3.48 SLC | +24.9% |
| 1981 | 3.83 SLC | +9.9% |
| 1982 | 4.36 SLC | +13.9% |
| 1983 | 5.09 SLC | +16.6% |
| 1984 | 5.67 SLC | +11.5% |
| 1985 | 6.63 SLC | +16.8% |
| 1986 | 7.76 SLC | +17.1% |
| 1987 | 8.88 SLC | +14.5% |
| 1988 | 10.23 SLC | +15.2% |
| 1989 | 11.99 SLC | +17.3% |
| 1990 | 13.86 SLC | +15.5% |
| 1991 | 16.04 SLC | +15.7% |
| 1992 | 18.37 SLC | +14.6% |
| 1993 | 20.78 SLC | +13.1% |
| 1994 | 22.81 SLC | +9.8% |
| 1995 | 25.29 SLC | +10.8% |
| 1996 | 27.32 SLC | +8.0% |
| 1997 | 29.54 SLC | +8.1% |
| 1998 | 31.92 SLC | +8.1% |
| 1999 | 34.12 SLC | +6.9% |
| 2000 | 37.26 SLC | +9.2% |
| 2001 | 40.16 SLC | +7.8% |
| 2002 | 45.2 SLC | +12.5% |
| 2003 | 48.09 SLC | +6.4% |
| 2004 | 50.99 SLC | +6.0% |
| 2005 | 53.85 SLC | +5.6% |
| 2006 | 57.11 SLC | +6.1% |
| 2007 | 61.82 SLC | +8.2% |
| 2008 | 66.68 SLC | +7.9% |
| 2009 | 72.45 SLC | +8.7% |
| 2010 | 76.89 SLC | +6.1% |
| 2011 | 81.15 SLC | +5.5% |
| 2012 | 84.96 SLC | +4.7% |
| 2013 | 89.92 SLC | +5.8% |
| 2014 | 94.75 SLC | +5.4% |
| 2015 | 100 SLC | +5.5% |
| 2016 | 106.95 SLC | +7.0% |
| 2017 | 112.81 SLC | +5.5% |
| 2018 | 117.31 SLC | +4.0% |
| 2019 | 122.72 SLC | +4.6% |
| 2020 | 129.18 SLC | +5.3% |
| 2021 | 137.57 SLC | +6.5% |
| 2022 | 144.12 SLC | +4.8% |
| 2023 | 150.64 SLC | +4.5% |
| 2024 | 156.43 SLC | +3.8% |
South Africa compared with similar countries
- South Africa's 156.43 SLC is above the median for upper middle income countries, which is 140.19 SLC, 1.1× the median. (51 countries reporting)
- South Africa's 156.43 SLC is above the median for Sub-Saharan Africa, which is 149.14 SLC, 1.0× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.73 SLC | 0.9896 SLC | 2.79 SLC | 10 |
| 1980s | 6.79 SLC | 3.48 SLC | 11.99 SLC | 10 |
| 1990s | 24 SLC | 13.86 SLC | 34.12 SLC | 10 |
| 2000s | 53.36 SLC | 37.26 SLC | 72.45 SLC | 10 |
| 2010s | 98.75 SLC | 76.89 SLC | 122.72 SLC | 10 |
| 2020s | 143.59 SLC | 129.18 SLC | 156.43 SLC | 5 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 6.87 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0145 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 95.75 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.77 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0106 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 69.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -28.9 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in South Africa?
- Gdp deflator — value standard local currency, 2015 prices in South Africa was 156.43 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 South Africa?
- The highest recorded value was 156.43 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in South Africa?
- The lowest recorded value was 0.9896 SLC in 1970.
- How does South Africa rank for gdp deflator — value standard local currency, 2015 prices?
- South Africa ranks 65th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in South Africa?
- Over the last ten years it is up 65.1%. The long-run trend across the full record is volatile.
- Where does this South Africa 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).