GDP Deflator — Value US$, 2015 prices in Australia
Australia: GDP Deflator — Value US$, 2015 prices was 121.18 USD in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices in Australia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Australia recorded 121.18 USD for gdp deflator — value us$, 2015 prices in 2024.
The figure is up 1.9% on the previous year and up 0.3% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Australia peaked at 137.68 USD in 2012 and was at its lowest, 14.45 USD, in 1970.
That places Australia 89th out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices in Australia, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 14.45 USD | — |
| 1971 | 15.52 USD | +7.4% |
| 1972 | 17.8 USD | +14.7% |
| 1973 | 24.67 USD | +38.6% |
| 1974 | 29.05 USD | +17.7% |
| 1975 | 30.2 USD | +4.0% |
| 1976 | 31.41 USD | +4.0% |
| 1977 | 30.85 USD | -1.8% |
| 1978 | 34.6 USD | +12.1% |
| 1979 | 37.17 USD | +7.4% |
| 1980 | 41.47 USD | +11.6% |
| 1981 | 46.75 USD | +12.7% |
| 1982 | 45.46 USD | -2.8% |
| 1983 | 43.55 USD | -4.2% |
| 1984 | 44.41 USD | +2.0% |
| 1985 | 37.66 USD | -15.2% |
| 1986 | 38.58 USD | +2.4% |
| 1987 | 43.31 USD | +12.3% |
| 1988 | 52.78 USD | +21.9% |
| 1989 | 56.68 USD | +7.4% |
| 1990 | 57.64 USD | +1.7% |
| 1991 | 58.37 USD | +1.3% |
| 1992 | 55.51 USD | -4.9% |
| 1993 | 51.92 USD | -6.5% |
| 1994 | 57.1 USD | +10.0% |
| 1995 | 59.46 USD | +4.1% |
| 1996 | 63.58 USD | +6.9% |
| 1997 | 60.98 USD | -4.1% |
| 1998 | 51.86 USD | -15.0% |
| 1999 | 54.62 USD | +5.3% |
| 2000 | 51.36 USD | -6.0% |
| 2001 | 47.12 USD | -8.3% |
| 2002 | 50.97 USD | +8.2% |
| 2003 | 62.81 USD | +23.2% |
| 2004 | 73.95 USD | +17.7% |
| 2005 | 80.72 USD | +9.2% |
| 2006 | 83.56 USD | +3.5% |
| 2007 | 97.1 USD | +16.2% |
| 2008 | 102.15 USD | +5.2% |
| 2009 | 96.07 USD | -5.9% |
| 2010 | 120.01 USD | +24.9% |
| 2011 | 137.38 USD | +14.5% |
| 2012 | 137.68 USD | +0.2% |
| 2013 | 130.17 USD | -5.5% |
| 2014 | 120.79 USD | -7.2% |
| 2015 | 100 USD | -17.2% |
| 2016 | 102.56 USD | +2.6% |
| 2017 | 107.72 USD | +5.0% |
| 2018 | 108.66 USD | +0.9% |
| 2019 | 103 USD | -5.2% |
| 2020 | 105.11 USD | +2.0% |
| 2021 | 122.96 USD | +17.0% |
| 2022 | 120.94 USD | -1.6% |
| 2023 | 118.87 USD | -1.7% |
| 2024 | 121.18 USD | +1.9% |
Australia compared with similar countries
- Australia's 121.18 USD is below the median for high income countries, which is 121.8 USD, 99% of the median. (68 countries reporting)
- Australia's 121.18 USD is above the median for East Asia & Pacific, which is 118.05 USD, 1.0× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.57 USD | 14.45 USD | 37.17 USD | 10 |
| 1980s | 45.06 USD | 37.66 USD | 56.68 USD | 10 |
| 1990s | 57.1 USD | 51.86 USD | 63.58 USD | 10 |
| 2000s | 74.58 USD | 47.12 USD | 102.15 USD | 10 |
| 2010s | 116.8 USD | 100 USD | 137.68 USD | 10 |
| 2020s | 117.81 USD | 105.11 USD | 122.96 USD | 5 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Australia?
- Gdp deflator — value us$, 2015 prices in Australia was 121.18 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Australia?
- The highest recorded value was 137.68 USD in 2012.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Australia?
- The lowest recorded value was 14.45 USD in 1970.
- How does Australia rank for gdp deflator — value us$, 2015 prices?
- Australia ranks 89th out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Australia?
- Over the last ten years it is up 0.3%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).