GDP Deflator — Value US$, 2015 prices, annual growth rate in Europe
Europe: GDP Deflator — Value US$, 2015 prices, annual growth rate was 3.47 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices, annual growth rate in Europe, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Europe recorded 3.47 % change on previous year for gdp deflator — value us$, 2015 prices, annual growth rate in 2024.
The figure is down 41.1% on the previous year and up 2,710.3% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Europe peaked at 23.07 % change on previous year in 1986 and was at its lowest, -15.72 % change on previous year, in 2015.
That places Europe 9th out of 24 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Europe, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.24 % change on previous year | — |
| 1972 | 11.34 % change on previous year | +81.8% |
| 1973 | 16.68 % change on previous year | +47.0% |
| 1974 | 6.55 % change on previous year | -60.7% |
| 1975 | 13.85 % change on previous year | +111.6% |
| 1976 | -0.2235 % change on previous year | -101.6% |
| 1977 | 8.26 % change on previous year | -3798.4% |
| 1978 | -0.5466 % change on previous year | -106.6% |
| 1979 | 13.56 % change on previous year | -2581.4% |
| 1980 | 9.03 % change on previous year | -33.4% |
| 1981 | -9.82 % change on previous year | -208.7% |
| 1982 | -2.66 % change on previous year | -72.9% |
| 1983 | -3.42 % change on previous year | +28.4% |
| 1984 | -6.82 % change on previous year | +99.4% |
| 1985 | -0.4423 % change on previous year | -93.5% |
| 1986 | 23.07 % change on previous year | -5316.5% |
| 1987 | 14.85 % change on previous year | -35.6% |
| 1988 | 5.14 % change on previous year | -65.4% |
| 1989 | -1.95 % change on previous year | -138.0% |
| 1990 | 16.56 % change on previous year | -948.9% |
| 1991 | 3.24 % change on previous year | -80.4% |
| 1992 | 7.69 % change on previous year | +137.4% |
| 1993 | -7.7 % change on previous year | -200.1% |
| 1994 | 3.55 % change on previous year | -146.1% |
| 1995 | 12.74 % change on previous year | +259.1% |
| 1996 | 0.2262 % change on previous year | -98.2% |
| 1997 | -8.15 % change on previous year | -3702.7% |
| 1998 | -0.8023 % change on previous year | -90.2% |
| 1999 | -3.82 % change on previous year | +376.6% |
| 2000 | -9.88 % change on previous year | +158.3% |
| 2001 | -0.6146 % change on previous year | -93.8% |
| 2002 | 7.83 % change on previous year | -1374.7% |
| 2003 | 19.44 % change on previous year | +148.1% |
| 2004 | 12.85 % change on previous year | -33.9% |
| 2005 | 3.37 % change on previous year | -73.8% |
| 2006 | 4.21 % change on previous year | +25.1% |
| 2007 | 12.61 % change on previous year | +199.4% |
| 2008 | 8.77 % change on previous year | -30.4% |
| 2009 | -7.7 % change on previous year | -187.7% |
| 2010 | -0.9066 % change on previous year | -88.2% |
| 2011 | 8.59 % change on previous year | -1047.9% |
| 2012 | -4.34 % change on previous year | -150.5% |
| 2013 | 3.7 % change on previous year | -185.3% |
| 2014 | -0.133 % change on previous year | -103.6% |
| 2015 | -15.72 % change on previous year | +11718.3% |
| 2016 | -1.84 % change on previous year | -88.3% |
| 2017 | 3.71 % change on previous year | -302.0% |
| 2018 | 5.68 % change on previous year | +52.8% |
| 2019 | -3.02 % change on previous year | -153.2% |
| 2020 | 2.89 % change on previous year | -195.5% |
| 2021 | 7.49 % change on previous year | +159.5% |
| 2022 | -3.18 % change on previous year | -142.4% |
| 2023 | 5.89 % change on previous year | -285.4% |
| 2024 | 3.47 % change on previous year | -41.1% |
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices, annual growth rate in Europe changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | -11718.3% | -0.133 % change on previous year | -15.72 % change on previous year |
| 1986 | +5316.5% | -0.4423 % change on previous year | 23.07 % change on previous year |
| 1977 | +3798.4% | -0.2235 % change on previous year | 8.26 % change on previous year |
| 1997 | -3702.7% | 0.2262 % change on previous year | -8.15 % change on previous year |
| 1979 | +2581.4% | -0.5466 % change on previous year | 13.56 % change on previous year |
| 2002 | +1374.7% | -0.6146 % change on previous year | 7.83 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.41 % change on previous year | -0.5466 % change on previous year | 16.68 % change on previous year | 9 |
| 1980s | 2.7 % change on previous year | -9.82 % change on previous year | 23.07 % change on previous year | 10 |
| 1990s | 2.35 % change on previous year | -8.15 % change on previous year | 16.56 % change on previous year | 10 |
| 2000s | 5.09 % change on previous year | -9.88 % change on previous year | 19.44 % change on previous year | 10 |
| 2010s | -0.4269 % change on previous year | -15.72 % change on previous year | 8.59 % change on previous year | 10 |
| 2020s | 3.31 % change on previous year | -3.18 % change on previous year | 7.49 % change on previous year | 5 |
Countries ranked near Europe
- 6 Sudan (former) 24.16 % change on previous year compare
- 7 Afghanistan 22.76 % change on previous year compare
- 8 Pakistan 22.64 % change on previous year compare
- 9 Türkiye 14.68 % change on previous year compare
- 10 Sao Tome and Principe 14.15 % change on previous year compare
- 11 Lebanon 13.26 % change on previous year compare
- 12 Sri Lanka 13.09 % change on previous year compare
More economy & growth data for Europe
- Gross Domestic Product — Annual growth US$ 4.85 % (2024)
- Gross Fixed Capital Formation — Value US$ 5.68 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.4 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.33 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.92 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 29,680 USD (2024)
- Gross Domestic Product — Value US$ 27.06 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 36,332 USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 4.65 million million USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 22.10 million million USD (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Europe?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Europe was 3.47 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Europe?
- The highest recorded value was 23.07 % change on previous year in 1986.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Europe?
- The lowest recorded value was -15.72 % change on previous year in 2015.
- How does Europe rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Europe ranks 9th out of 24 groups with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Europe?
- Over the last ten years it is up 2,710.3%. The long-run trend across the full record is volatile.
- Where does this Europe data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.