GDP Deflator — Value US$, 2015 prices, annual growth rate in Western Africa
Western Africa: GDP Deflator — Value US$, 2015 prices, annual growth rate was -26.52 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices, annual growth rate in Western Africa, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp deflator — value us$, 2015 prices, annual growth rate in Western Africa stood at -26.52 % change on previous year.
That represents a change of down 109.1% on the previous year and down 1,815.5% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Western Africa peaked at 38.08 % change on previous year in 1974 and was at its lowest, -37.69 % change on previous year, in 1986.
Western Africa ranks 24th of 24 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Western Africa, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 2.03 % change on previous year | — |
| 1972 | 10.91 % change on previous year | +437.4% |
| 1973 | 8.97 % change on previous year | -17.8% |
| 1974 | 38.08 % change on previous year | +324.7% |
| 1975 | 24.51 % change on previous year | -35.7% |
| 1976 | 12.12 % change on previous year | -50.5% |
| 1977 | 8.67 % change on previous year | -28.5% |
| 1978 | 13.53 % change on previous year | +56.0% |
| 1979 | 21.85 % change on previous year | +61.5% |
| 1980 | 26.3 % change on previous year | +20.4% |
| 1981 | -6.94 % change on previous year | -126.4% |
| 1982 | 2.65 % change on previous year | -138.2% |
| 1983 | 7.54 % change on previous year | +184.5% |
| 1984 | -0.2336 % change on previous year | -103.1% |
| 1985 | -7.11 % change on previous year | +2944.2% |
| 1986 | -37.69 % change on previous year | +430.0% |
| 1987 | -32.32 % change on previous year | -14.3% |
| 1988 | 4.88 % change on previous year | -115.1% |
| 1989 | -13.58 % change on previous year | -378.5% |
| 1990 | 2.79 % change on previous year | -120.6% |
| 1991 | -1.02 % change on previous year | -136.6% |
| 1992 | -7.55 % change on previous year | +638.3% |
| 1993 | 0.8255 % change on previous year | -110.9% |
| 1994 | -15.64 % change on previous year | -1995.1% |
| 1995 | 9.69 % change on previous year | -161.9% |
| 1996 | 1.76 % change on previous year | -81.8% |
| 1997 | -2.83 % change on previous year | -261.0% |
| 1998 | 1.18 % change on previous year | -141.6% |
| 1999 | 0.09 % change on previous year | -92.4% |
| 2000 | -4.36 % change on previous year | -4946.2% |
| 2001 | 0.6753 % change on previous year | -115.5% |
| 2002 | 8.89 % change on previous year | +1216.6% |
| 2003 | 7.96 % change on previous year | -10.5% |
| 2004 | 14.5 % change on previous year | +82.2% |
| 2005 | 15.14 % change on previous year | +4.4% |
| 2006 | 19.43 % change on previous year | +28.4% |
| 2007 | 10.96 % change on previous year | -43.6% |
| 2008 | 13.82 % change on previous year | +26.0% |
| 2009 | -16.16 % change on previous year | -217.0% |
| 2010 | 12.37 % change on previous year | -176.5% |
| 2011 | 7.14 % change on previous year | -42.3% |
| 2012 | 3.64 % change on previous year | -49.0% |
| 2013 | 5.66 % change on previous year | +55.3% |
| 2014 | 1.55 % change on previous year | -72.7% |
| 2015 | -14.61 % change on previous year | -1044.9% |
| 2016 | -12.08 % change on previous year | -17.3% |
| 2017 | -4.44 % change on previous year | -63.2% |
| 2018 | 8.54 % change on previous year | -292.3% |
| 2019 | 5.17 % change on previous year | -39.4% |
| 2020 | -3.74 % change on previous year | -172.3% |
| 2021 | 1.97 % change on previous year | -152.6% |
| 2022 | 0.3025 % change on previous year | -84.6% |
| 2023 | -12.68 % change on previous year | -4291.7% |
| 2024 | -26.52 % change on previous year | +109.1% |
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices, annual growth rate in Western Africa 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 |
|---|---|---|---|
| 2000 | -4946.2% | 0.09 % change on previous year | -4.36 % change on previous year |
| 2023 | -4291.7% | 0.3025 % change on previous year | -12.68 % change on previous year |
| 1985 | -2944.2% | -0.2336 % change on previous year | -7.11 % change on previous year |
| 1994 | -1995.1% | 0.8255 % change on previous year | -15.64 % change on previous year |
| 2002 | +1216.6% | 0.6753 % change on previous year | 8.89 % change on previous year |
| 2015 | -1044.9% | 1.55 % change on previous year | -14.61 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.63 % change on previous year | 2.03 % change on previous year | 38.08 % change on previous year | 9 |
| 1980s | -5.65 % change on previous year | -37.69 % change on previous year | 26.3 % change on previous year | 10 |
| 1990s | -1.07 % change on previous year | -15.64 % change on previous year | 9.69 % change on previous year | 10 |
| 2000s | 7.08 % change on previous year | -16.16 % change on previous year | 19.43 % change on previous year | 10 |
| 2010s | 1.29 % change on previous year | -14.61 % change on previous year | 12.37 % change on previous year | 10 |
| 2020s | -8.13 % change on previous year | -26.52 % change on previous year | 1.97 % change on previous year | 5 |
Countries ranked near Western Africa
- 21 Poland 9.39 % change on previous year compare
- 22 Zimbabwe 9.08 % change on previous year compare
- 23 Burkina Faso 8.96 % change on previous year compare
- 24 Nicaragua 8.95 % change on previous year compare
- 25 Bolivia (Plurinational State of) 8.54 % change on previous year compare
- 26 Romania 8.24 % change on previous year compare
- 27 Niger 7.91 % change on previous year compare
More economy & growth data for Western Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 2.53 million (2027)
- Gross Domestic Product — Annual growth US$ -23.38 % (2024)
- Gross Fixed Capital Formation — Value US$ 137,957 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.95 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.28 % (2024)
- Gross Domestic Product — Annual growth US$ per capita -25.09 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,939 USD (2024)
- Gross Domestic Product — Value US$ 535,797 million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,174 USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.75 % (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Western Africa?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Western Africa was -26.52 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Western Africa?
- The highest recorded value was 38.08 % change on previous year in 1974.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Western Africa?
- The lowest recorded value was -37.69 % change on previous year in 1986.
- How does Western Africa rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Western Africa ranks 24th out of 24 groups with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Western Africa?
- Over the last ten years it is down 1,815.5%. The long-run trend across the full record is volatile.
- Where does this Western Africa 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.