GDP Deflator — Value US$, 2015 prices, annual growth rate in Western Europe
Western Europe: GDP Deflator — Value US$, 2015 prices, annual growth rate was 3.15 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices, annual growth rate in Western Europe, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices, annual growth rate in Western Europe is 3.15 % change on previous year, measured in 2024.
That represents a change of down 63.4% on the previous year and up 160.3% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Western Europe peaked at 38.22 % change on previous year in 1986 and was at its lowest, -14.8 % change on previous year, in 1981.
Western Europe ranks 10th of 24 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Western Europe, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.15 % change on previous year | — |
| 1972 | 16.63 % change on previous year | +63.8% |
| 1973 | 25.22 % change on previous year | +51.7% |
| 1974 | 9.07 % change on previous year | -64.0% |
| 1975 | 18.05 % change on previous year | +99.0% |
| 1976 | 1.25 % change on previous year | -93.1% |
| 1977 | 10.31 % change on previous year | +727.5% |
| 1978 | 20.54 % change on previous year | +99.3% |
| 1979 | 14.44 % change on previous year | -29.7% |
| 1980 | 7.72 % change on previous year | -46.5% |
| 1981 | -14.8 % change on previous year | -291.7% |
| 1982 | -4.21 % change on previous year | -71.5% |
| 1983 | -3.62 % change on previous year | -14.0% |
| 1984 | -7.69 % change on previous year | +112.1% |
| 1985 | -0.0707 % change on previous year | -99.1% |
| 1986 | 38.22 % change on previous year | -54176.0% |
| 1987 | 20.85 % change on previous year | -45.4% |
| 1988 | 4.07 % change on previous year | -80.5% |
| 1989 | -4.12 % change on previous year | -201.3% |
| 1990 | 20.36 % change on previous year | -594.4% |
| 1991 | 0.1295 % change on previous year | -99.4% |
| 1992 | 10.05 % change on previous year | +7662.6% |
| 1993 | -3.23 % change on previous year | -132.2% |
| 1994 | 4.1 % change on previous year | -226.7% |
| 1995 | 14.58 % change on previous year | +255.9% |
| 1996 | -3.31 % change on previous year | -122.7% |
| 1997 | -12.6 % change on previous year | +280.6% |
| 1998 | -0.4388 % change on previous year | -96.5% |
| 1999 | -3.61 % change on previous year | +722.3% |
| 2000 | -12.49 % change on previous year | +246.1% |
| 2001 | -1.02 % change on previous year | -91.8% |
| 2002 | 7.62 % change on previous year | -848.5% |
| 2003 | 21.26 % change on previous year | +179.0% |
| 2004 | 11.31 % change on previous year | -46.8% |
| 2005 | 1.33 % change on previous year | -88.3% |
| 2006 | 2.27 % change on previous year | +71.4% |
| 2007 | 11.11 % change on previous year | +388.5% |
| 2008 | 9.3 % change on previous year | -16.3% |
| 2009 | -3.89 % change on previous year | -141.8% |
| 2010 | -3.52 % change on previous year | -9.4% |
| 2011 | 6.96 % change on previous year | -297.4% |
| 2012 | -6.33 % change on previous year | -191.0% |
| 2013 | 4.56 % change on previous year | -172.0% |
| 2014 | 1.21 % change on previous year | -73.4% |
| 2015 | -14.58 % change on previous year | -1304.5% |
| 2016 | 0.446 % change on previous year | -103.1% |
| 2017 | 2.99 % change on previous year | +570.3% |
| 2018 | 5.91 % change on previous year | +97.6% |
| 2019 | -3.34 % change on previous year | -156.6% |
| 2020 | 4.38 % change on previous year | -231.0% |
| 2021 | 5.75 % change on previous year | +31.4% |
| 2022 | -5.97 % change on previous year | -203.7% |
| 2023 | 8.61 % change on previous year | -244.3% |
| 2024 | 3.15 % change on previous year | -63.4% |
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices, annual growth rate in Western 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 |
|---|---|---|---|
| 1986 | +54176.0% | -0.0707 % change on previous year | 38.22 % change on previous year |
| 1992 | +7662.6% | 0.1295 % change on previous year | 10.05 % change on previous year |
| 2015 | -1304.5% | 1.21 % change on previous year | -14.58 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.96 % change on previous year | 1.25 % change on previous year | 25.22 % change on previous year | 9 |
| 1980s | 3.63 % change on previous year | -14.8 % change on previous year | 38.22 % change on previous year | 10 |
| 1990s | 2.6 % change on previous year | -12.6 % change on previous year | 20.36 % change on previous year | 10 |
| 2000s | 4.68 % change on previous year | -12.49 % change on previous year | 21.26 % change on previous year | 10 |
| 2010s | -0.5705 % change on previous year | -14.58 % change on previous year | 6.96 % change on previous year | 10 |
| 2020s | 3.19 % change on previous year | -5.97 % change on previous year | 8.61 % change on previous year | 5 |
Countries ranked near Western Europe
- 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
- 13 Colombia 12.31 % change on previous year compare
More economy & growth data for Western Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 12.78 million (2027)
- Gross Domestic Product — Annual growth US$ 3.64 % (2024)
- Gross Fixed Capital Formation — Value US$ 2.48 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.3119 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.4755 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.47 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 45,841 USD (2024)
- Gross Domestic Product — Value US$ 11.28 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 56,453 USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 1.94 million million USD (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Western Europe?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Western Europe was 3.15 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Western Europe?
- The highest recorded value was 38.22 % change on previous year in 1986.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Western Europe?
- The lowest recorded value was -14.8 % change on previous year in 1981.
- How does Western Europe rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Western Europe ranks 10th out of 24 groups with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Western Europe?
- Over the last ten years it is up 160.3%. The long-run trend across the full record is volatile.
- Where does this Western Europe data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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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.