GDP Deflator — Value US$, 2015 prices in Southern Europe
Southern Europe: GDP Deflator — Value US$, 2015 prices was 120.24 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Southern Europe, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices in Southern Europe is 120.24 USD, measured in 2024.
That represents a change of up 2.9% on the previous year and up 1.1% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Southern Europe peaked at 125.9 USD in 2008 and was at its lowest, 12.95 USD, in 1970.
That places Southern Europe 11th out of 25 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Southern Europe, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 12.95 USD | — |
| 1971 | 13.85 USD | +7.0% |
| 1972 | 15.5 USD | +11.9% |
| 1973 | 18.12 USD | +16.9% |
| 1974 | 20.35 USD | +12.3% |
| 1975 | 23.5 USD | +15.5% |
| 1976 | 22.64 USD | -3.7% |
| 1977 | 25.03 USD | +10.5% |
| 1978 | 29.32 USD | +17.1% |
| 1979 | 35.63 USD | +21.5% |
| 1980 | 39.74 USD | +11.5% |
| 1981 | 35.78 USD | -10.0% |
| 1982 | 34.86 USD | -2.6% |
| 1983 | 33.81 USD | -3.0% |
| 1984 | 32.89 USD | -2.7% |
| 1985 | 33.31 USD | +1.3% |
| 1986 | 44.13 USD | +32.5% |
| 1987 | 52.87 USD | +19.8% |
| 1988 | 57.06 USD | +7.9% |
| 1989 | 58.26 USD | +2.1% |
| 1990 | 72.16 USD | +23.9% |
| 1991 | 75.18 USD | +4.2% |
| 1992 | 80.21 USD | +6.7% |
| 1993 | 67.17 USD | -16.3% |
| 1994 | 67.82 USD | +1.0% |
| 1995 | 73.19 USD | +7.9% |
| 1996 | 77.89 USD | +6.4% |
| 1997 | 71.36 USD | -8.4% |
| 1998 | 71.49 USD | +0.2% |
| 1999 | 69.56 USD | -2.7% |
| 2000 | 61.55 USD | -11.5% |
| 2001 | 61.82 USD | +0.4% |
| 2002 | 67.65 USD | +9.4% |
| 2003 | 83.72 USD | +23.8% |
| 2004 | 94.84 USD | +13.3% |
| 2005 | 97.56 USD | +2.9% |
| 2006 | 101.51 USD | +4.0% |
| 2007 | 114.24 USD | +12.5% |
| 2008 | 125.9 USD | +10.2% |
| 2009 | 120.8 USD | -4.1% |
| 2010 | 115.37 USD | -4.5% |
| 2011 | 122.28 USD | +6.0% |
| 2012 | 113.69 USD | -7.0% |
| 2013 | 118.47 USD | +4.2% |
| 2014 | 118.89 USD | +0.4% |
| 2015 | 100 USD | -15.9% |
| 2016 | 100.64 USD | +0.6% |
| 2017 | 103.75 USD | +3.1% |
| 2018 | 109.78 USD | +5.8% |
| 2019 | 105.38 USD | -4.0% |
| 2020 | 108.94 USD | +3.4% |
| 2021 | 114.97 USD | +5.5% |
| 2022 | 107 USD | -6.9% |
| 2023 | 116.85 USD | +9.2% |
| 2024 | 120.24 USD | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.69 USD | 12.95 USD | 35.63 USD | 10 |
| 1980s | 42.27 USD | 32.89 USD | 58.26 USD | 10 |
| 1990s | 72.6 USD | 67.17 USD | 80.21 USD | 10 |
| 2000s | 92.96 USD | 61.55 USD | 125.9 USD | 10 |
| 2010s | 110.82 USD | 100 USD | 122.28 USD | 10 |
| 2020s | 113.6 USD | 107 USD | 120.24 USD | 5 |
Countries ranked near Southern Europe
More economy & growth data for Southern Europe
- Gross Domestic Product — Value US$ per capita, 2015 prices 27,640 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 3.1 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.32 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 20.85 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 890,910 million USD (2024)
- Gross Domestic Product — Value US$ 5.03 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 33,234 USD (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 117.6 USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.86 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 4.18 million million USD (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Southern Europe?
- Gdp deflator — value us$, 2015 prices in Southern Europe was 120.24 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Southern Europe?
- The highest recorded value was 125.9 USD in 2008.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Southern Europe?
- The lowest recorded value was 12.95 USD in 1970.
- How does Southern Europe rank for gdp deflator — value us$, 2015 prices?
- Southern Europe ranks 11th out of 25 groups with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Southern Europe?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is rising.
- Where does this Southern Europe data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 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).