GDP Deflator — Value US$, 2015 prices, annual growth rate in Northern Europe
Northern Europe: GDP Deflator — Value US$, 2015 prices, annual growth rate was 4.8 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices, annual growth rate in Northern Europe, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp deflator — value us$, 2015 prices, annual growth rate in Northern Europe stood at 4.8 % change on previous year.
Compared with earlier readings it is up 26.4% on the previous year and up 65.9% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Northern Europe peaked at 23.12 % change on previous year in 1980 and was at its lowest, -13.55 % change on previous year, in 1993.
Northern Europe ranks 5th of 24 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Northern Europe, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.86 % change on previous year | — |
| 1972 | 11.64 % change on previous year | +31.3% |
| 1973 | 11.81 % change on previous year | +1.5% |
| 1974 | 11.24 % change on previous year | -4.8% |
| 1975 | 19.44 % change on previous year | +72.9% |
| 1976 | -1.31 % change on previous year | -106.7% |
| 1977 | 9.01 % change on previous year | -790.2% |
| 1978 | 16.75 % change on previous year | +85.9% |
| 1979 | 20.34 % change on previous year | +21.4% |
| 1980 | 23.12 % change on previous year | +13.7% |
| 1981 | -5.13 % change on previous year | -122.2% |
| 1982 | -6.72 % change on previous year | +31.1% |
| 1983 | -7.95 % change on previous year | +18.3% |
| 1984 | -5.88 % change on previous year | -26.0% |
| 1985 | 1.69 % change on previous year | -128.7% |
| 1986 | 22.38 % change on previous year | +1226.3% |
| 1987 | 18.09 % change on previous year | -19.2% |
| 1988 | 12.85 % change on previous year | -29.0% |
| 1989 | -0.1095 % change on previous year | -100.9% |
| 1990 | 17.5 % change on previous year | -16081.3% |
| 1991 | 2.62 % change on previous year | -85.0% |
| 1992 | 3.03 % change on previous year | +15.6% |
| 1993 | -13.55 % change on previous year | -547.5% |
| 1994 | 3.66 % change on previous year | -127.0% |
| 1995 | 14.9 % change on previous year | +307.2% |
| 1996 | 2.56 % change on previous year | -82.8% |
| 1997 | -0.375 % change on previous year | -114.7% |
| 1998 | 0.8254 % change on previous year | -320.1% |
| 1999 | -1.08 % change on previous year | -231.4% |
| 2000 | -6.06 % change on previous year | +458.2% |
| 2001 | -3.14 % change on previous year | -48.2% |
| 2002 | 7.13 % change on previous year | -327.4% |
| 2003 | 14.73 % change on previous year | +106.5% |
| 2004 | 13.59 % change on previous year | -7.8% |
| 2005 | 2.82 % change on previous year | -79.3% |
| 2006 | 4.18 % change on previous year | +48.3% |
| 2007 | 11.68 % change on previous year | +179.5% |
| 2008 | 0.5793 % change on previous year | -95.0% |
| 2009 | -12.04 % change on previous year | -2177.9% |
| 2010 | 1.27 % change on previous year | -110.6% |
| 2011 | 7.85 % change on previous year | +516.3% |
| 2012 | -1.43 % change on previous year | -118.2% |
| 2013 | 2.29 % change on previous year | -260.3% |
| 2014 | 2.89 % change on previous year | +26.3% |
| 2015 | -10.84 % change on previous year | -474.4% |
| 2016 | -6.43 % change on previous year | -40.6% |
| 2017 | -0.1446 % change on previous year | -97.8% |
| 2018 | 5.47 % change on previous year | -3886.2% |
| 2019 | -3.39 % change on previous year | -161.9% |
| 2020 | 3.73 % change on previous year | -210.1% |
| 2021 | 9.21 % change on previous year | +147.0% |
| 2022 | -3.92 % change on previous year | -142.6% |
| 2023 | 3.8 % change on previous year | -196.9% |
| 2024 | 4.8 % change on previous year | +26.4% |
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices, annual growth rate in Northern 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 |
|---|---|---|---|
| 1990 | +16081.3% | -0.1095 % change on previous year | 17.5 % change on previous year |
| 2018 | +3886.2% | -0.1446 % change on previous year | 5.47 % change on previous year |
| 2009 | -2177.9% | 0.5793 % change on previous year | -12.04 % change on previous year |
| 1986 | +1226.3% | 1.69 % change on previous year | 22.38 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.98 % change on previous year | -1.31 % change on previous year | 20.34 % change on previous year | 9 |
| 1980s | 5.23 % change on previous year | -7.95 % change on previous year | 23.12 % change on previous year | 10 |
| 1990s | 3.01 % change on previous year | -13.55 % change on previous year | 17.5 % change on previous year | 10 |
| 2000s | 3.35 % change on previous year | -12.04 % change on previous year | 14.73 % change on previous year | 10 |
| 2010s | -0.2442 % change on previous year | -10.84 % change on previous year | 7.85 % change on previous year | 10 |
| 2020s | 3.52 % change on previous year | -3.92 % change on previous year | 9.21 % change on previous year | 5 |
Countries ranked near Northern Europe
- 2 Sudan 218.92 % change on previous year compare
- 3 Venezuela (Bolivarian Republic of) 33.82 % change on previous year compare
- 4 Haiti 33.12 % change on previous year compare
- 5 Suriname 32.68 % change on previous year compare
- 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
More economy & growth data for Northern Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 6.84 million (2027)
- Gross Fixed Capital Formation — Value US$ 1.18 million million USD (2024)
- Gross Domestic Product — Value US$ 6.26 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 6.15 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.5 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.29 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.6681 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 1.13 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 18.92 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 19.37 % (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Northern Europe?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Northern Europe was 4.8 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Northern Europe?
- The highest recorded value was 23.12 % change on previous year in 1980.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Northern Europe?
- The lowest recorded value was -13.55 % change on previous year in 1993.
- How does Northern Europe rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Northern Europe ranks 5th out of 24 groups with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Northern Europe?
- Over the last ten years it is up 65.9%. The long-run trend across the full record is volatile.
- Where does this Northern Europe data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 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.