GDP Deflator — Value US$, 2015 prices in Melanesia

Melanesia: GDP Deflator — Value US$, 2015 prices was 119.09 USD in 2024. ▲ Rising

Latest (2024)
119.09 USD
Change on year
up 1.3%
World rank
106th
of 220 countries
All-time high
119.3 USD
in 2022
All-time low
18.35 USD
in 1970
Years of data
55
1970–2024

GDP Deflator — Value US$, 2015 prices in Melanesia, 1970–2024

255075100125197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in USD.

Analysis

The most recent figure for gdp deflator — value us$, 2015 prices in Melanesia is 119.09 USD, measured in 2024.

That represents a change of up 1.3% on the previous year and up 3.7% over ten years.

Over the whole period, gdp deflator — value us$, 2015 prices in Melanesia peaked at 119.3 USD in 2022 and was at its lowest, 18.35 USD, in 1970.

That places Melanesia 106th out of 220 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 55 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 32.97 USD 18.35 USD 50.74 USD 10
1980s 55.04 USD 47.59 USD 62.8 USD 10
1990s 63.16 USD 53 USD 67.35 USD 10
2000s 69.72 USD 47.67 USD 96.6 USD 10
2010s 105.43 USD 94.82 USD 116.59 USD 10
2020s 114.05 USD 102.79 USD 119.3 USD 5

Countries ranked near Melanesia

  1. 103 Algeria 119.38 USD compare
  2. 104 Monaco 119.36 USD compare
  3. 105 Trinidad and Tobago 119.36 USD compare
  4. 107 Kenya 119.01 USD compare
  5. 108 Cameroon 118.97 USD compare
  6. 109 Dominican Republic 118.95 USD compare

See the full ranking of 246 places →

More economy & growth data for Melanesia

All data for Melanesia →

Frequently asked questions

What is gdp deflator — value us$, 2015 prices in Melanesia?
Gdp deflator — value us$, 2015 prices in Melanesia was 119.09 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gdp deflator — value us$, 2015 prices recorded in Melanesia?
The highest recorded value was 119.3 USD in 2022.
What is the lowest gdp deflator — value us$, 2015 prices recorded in Melanesia?
The lowest recorded value was 18.35 USD in 1970.
How does Melanesia rank for gdp deflator — value us$, 2015 prices?
Melanesia ranks 106th out of 220 countries with data for 2024.
Is gdp deflator — value us$, 2015 prices rising or falling in Melanesia?
Over the last ten years it is up 3.7%. The long-run trend across the full record is rising.
Where does this Melanesia 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

Indicator
GDP Deflator — Value US$, 2015 prices
Unit
USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
246 places, 12,582 data points, 1970–2024
Last refreshed

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).