GDP Deflator — Value US$, 2015 prices, annual growth rate in South America

South America: GDP Deflator — Value US$, 2015 prices, annual growth rate was 0.3155 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0.3155 % change on previous year
Change on year
down 95.5%
Rank
21st
of 24 groups
All-time high
21.4 % change on previous year
in 2005
All-time low
-20.42 % change on previous year
in 2002
Years of data
54
1971–2024

GDP Deflator — Value US$, 2015 prices, annual growth rate in South America, 1971–2024

-20-1001020197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

South America recorded 0.3155 % change on previous year for gdp deflator — value us$, 2015 prices, annual growth rate in 2024.

That represents a change of down 95.5% on the previous year and up 115.9% over ten years.

Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in South America peaked at 21.4 % change on previous year in 2005 and was at its lowest, -20.42 % change on previous year, in 2002.

That places South America 21st out of 24 groups with data for 2024, putting it in the bottom 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 South America, year by year

Annual values for GDP Deflator — Value US$, 2015 prices, annual growth rate in South America, 1971 to 2024.
Year % change on previous year Change
1971 6.53 % change on previous year
1972 3.05 % change on previous year -53.3%
1973 16.88 % change on previous year +453.3%
1974 17.2 % change on previous year +1.9%
1975 4.31 % change on previous year -75.0%
1976 6.97 % change on previous year +61.7%
1977 10.12 % change on previous year +45.3%
1978 7.6 % change on previous year -24.9%
1979 9.93 % change on previous year +30.7%
1980 3.22 % change on previous year -67.6%
1981 20.42 % change on previous year +534.5%
1982 3.49 % change on previous year -82.9%
1983 -12.93 % change on previous year -470.6%
1984 -6.32 % change on previous year -51.2%
1985 -3.06 % change on previous year -51.5%
1986 6.51 % change on previous year -312.7%
1987 2.04 % change on previous year -68.7%
1988 11.25 % change on previous year +452.1%
1989 6.02 % change on previous year -46.5%
1990 18.4 % change on previous year +205.4%
1991 1.82 % change on previous year -90.1%
1992 4.14 % change on previous year +127.4%
1993 3.11 % change on previous year -24.9%
1994 19.55 % change on previous year +529.1%
1995 18.25 % change on previous year -6.7%
1996 4.36 % change on previous year -76.1%
1997 1.48 % change on previous year -66.0%
1998 -2.71 % change on previous year -282.9%
1999 -18.16 % change on previous year +570.0%
2000 2.6 % change on previous year -114.3%
2001 -8.76 % change on previous year -437.5%
2002 -20.42 % change on previous year +133.0%
2003 5.78 % change on previous year -128.3%
2004 12.79 % change on previous year +121.4%
2005 21.4 % change on previous year +67.3%
2006 15.04 % change on previous year -29.7%
2007 15.89 % change on previous year +5.7%
2008 16.21 % change on previous year +2.0%
2009 -0.7699 % change on previous year -104.8%
2010 20.3 % change on previous year -2736.2%
2011 9.45 % change on previous year -53.5%
2012 -1.22 % change on previous year -113.0%
2013 -1.31 % change on previous year +6.9%
2014 -1.98 % change on previous year +51.3%
2015 -15.1 % change on previous year +662.8%
2016 -1.17 % change on previous year -92.2%
2017 10.82 % change on previous year -1023.8%
2018 -6.14 % change on previous year -156.8%
2019 -4.67 % change on previous year -23.9%
2020 -11.93 % change on previous year +155.5%
2021 8.05 % change on previous year -167.4%
2022 10.54 % change on previous year +31.0%
2023 7.01 % change on previous year -33.5%
2024 0.3155 % change on previous year -95.5%

Biggest year-on-year movements

Years where GDP Deflator — Value US$, 2015 prices, annual growth rate in South America 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.

YearChange FromTo
2010 +2736.2% -0.7699 % change on previous year 20.3 % change on previous year
2017 +1023.8% -1.17 % change on previous year 10.82 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.18 % change on previous year 3.05 % change on previous year 17.2 % change on previous year 9
1980s 3.06 % change on previous year -12.93 % change on previous year 20.42 % change on previous year 10
1990s 5.02 % change on previous year -18.16 % change on previous year 19.55 % change on previous year 10
2000s 5.97 % change on previous year -20.42 % change on previous year 21.4 % change on previous year 10
2010s 0.8966 % change on previous year -15.1 % change on previous year 20.3 % change on previous year 10
2020s 2.8 % change on previous year -11.93 % change on previous year 10.54 % change on previous year 5

Countries ranked near South America

  1. 18 Somalia 9.66 % change on previous year compare
  2. 19 Tunisia 9.51 % change on previous year compare
  3. 20 Republic of Moldova 9.49 % change on previous year compare
  4. 21 Poland 9.39 % change on previous year compare
  5. 22 Zimbabwe 9.08 % change on previous year compare
  6. 23 Burkina Faso 8.96 % change on previous year compare
  7. 24 Nicaragua 8.95 % change on previous year compare

See the full ranking of 246 places →

More economy & growth data for South America

All data for South America →

Frequently asked questions

What is gdp deflator — value us$, 2015 prices, annual growth rate in South America?
Gdp deflator — value us$, 2015 prices, annual growth rate in South America was 0.3155 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in South America?
The highest recorded value was 21.4 % change on previous year in 2005.
What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in South America?
The lowest recorded value was -20.42 % change on previous year in 2002.
How does South America rank for gdp deflator — value us$, 2015 prices, annual growth rate?
South America ranks 21st out of 24 groups with data for 2024.
Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in South America?
Over the last ten years it is up 115.9%. The long-run trend across the full record is volatile.
Where does this South America 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.

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GDP Deflator — Value US$, 2015 prices, annual growth rate in South America. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-us-2015-prices-annual-growth-rate/south-america/

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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

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

Indicator
GDP Deflator — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
246 places, 12,335 data points, 1971–2024
Last refreshed

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.