GDP Deflator — Value US$, 2015 prices in Oceania
Oceania: GDP Deflator — Value US$, 2015 prices was 120.42 USD in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices in Oceania, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Oceania recorded 120.42 USD for gdp deflator — value us$, 2015 prices in 2024.
That represents a change of up 1.9% on the previous year and up 0.1% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Oceania peaked at 133.62 USD in 2012 and was at its lowest, 14.04 USD, in 1970.
That places Oceania 9th out of 24 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices in Oceania, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 14.04 USD | — |
| 1971 | 15.21 USD | +8.4% |
| 1972 | 17.46 USD | +14.8% |
| 1973 | 23.76 USD | +36.0% |
| 1974 | 27.5 USD | +15.8% |
| 1975 | 28.5 USD | +3.6% |
| 1976 | 29.55 USD | +3.7% |
| 1977 | 29.67 USD | +0.4% |
| 1978 | 33.58 USD | +13.2% |
| 1979 | 36.37 USD | +8.3% |
| 1980 | 40.55 USD | +11.5% |
| 1981 | 44.93 USD | +10.8% |
| 1982 | 43.66 USD | -2.8% |
| 1983 | 41.85 USD | -4.1% |
| 1984 | 42.17 USD | +0.8% |
| 1985 | 36.55 USD | -13.3% |
| 1986 | 38.82 USD | +6.2% |
| 1987 | 44.15 USD | +13.7% |
| 1988 | 53.29 USD | +20.7% |
| 1989 | 56.22 USD | +5.5% |
| 1990 | 57.18 USD | +1.7% |
| 1991 | 57.77 USD | +1.0% |
| 1992 | 55.15 USD | -4.5% |
| 1993 | 52.19 USD | -5.4% |
| 1994 | 57.29 USD | +9.8% |
| 1995 | 60.27 USD | +5.2% |
| 1996 | 64.21 USD | +6.5% |
| 1997 | 61.71 USD | -3.9% |
| 1998 | 52.22 USD | -15.4% |
| 1999 | 54.46 USD | +4.3% |
| 2000 | 50.88 USD | -6.6% |
| 2001 | 46.93 USD | -7.8% |
| 2002 | 50.79 USD | +8.2% |
| 2003 | 62.85 USD | +23.7% |
| 2004 | 73.93 USD | +17.6% |
| 2005 | 80.57 USD | +9.0% |
| 2006 | 82.6 USD | +2.5% |
| 2007 | 96.1 USD | +16.3% |
| 2008 | 100.53 USD | +4.6% |
| 2009 | 94.01 USD | -6.5% |
| 2010 | 116.38 USD | +23.8% |
| 2011 | 133 USD | +14.3% |
| 2012 | 133.62 USD | +0.5% |
| 2013 | 128.03 USD | -4.2% |
| 2014 | 120.25 USD | -6.1% |
| 2015 | 100 USD | -16.8% |
| 2016 | 102.31 USD | +2.3% |
| 2017 | 107.4 USD | +5.0% |
| 2018 | 108.18 USD | +0.7% |
| 2019 | 103.08 USD | -4.7% |
| 2020 | 104.85 USD | +1.7% |
| 2021 | 122 USD | +16.4% |
| 2022 | 119.61 USD | -2.0% |
| 2023 | 118.11 USD | -1.3% |
| 2024 | 120.42 USD | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.56 USD | 14.04 USD | 36.37 USD | 10 |
| 1980s | 44.22 USD | 36.55 USD | 56.22 USD | 10 |
| 1990s | 57.25 USD | 52.19 USD | 64.21 USD | 10 |
| 2000s | 73.92 USD | 46.93 USD | 100.53 USD | 10 |
| 2010s | 115.22 USD | 100 USD | 133.62 USD | 10 |
| 2020s | 117 USD | 104.85 USD | 122 USD | 5 |
Countries ranked near Oceania
More economy & growth data for Oceania
- Gross Domestic Product — Value US$ per capita 47,045 USD (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 7.32 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 4.38 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.32 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.01 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 462,578 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 538,945 million USD (2024)
- Gross Domestic Product — Value US$ 2.16 million million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.3 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.09 % (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Oceania?
- Gdp deflator — value us$, 2015 prices in Oceania was 120.42 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Oceania?
- The highest recorded value was 133.62 USD in 2012.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Oceania?
- The lowest recorded value was 14.04 USD in 1970.
- How does Oceania rank for gdp deflator — value us$, 2015 prices?
- Oceania ranks 9th out of 24 groups with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Oceania?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is volatile.
- Where does this Oceania 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).