GDP Deflator — Value US$, 2015 prices in Western Africa
Western Africa: GDP Deflator — Value US$, 2015 prices was 60.58 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Western Africa, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Western Africa recorded 60.58 USD for gdp deflator — value us$, 2015 prices in 2024.
That represents a change of down 26.5% on the previous year and down 48.3% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Western Africa peaked at 148.97 USD in 1983 and was at its lowest, 32.13 USD, in 1970.
Western Africa ranks 25th of 25 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Western Africa, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 32.13 USD | — |
| 1971 | 32.79 USD | +2.0% |
| 1972 | 36.36 USD | +10.9% |
| 1973 | 39.63 USD | +9.0% |
| 1974 | 54.72 USD | +38.1% |
| 1975 | 68.12 USD | +24.5% |
| 1976 | 76.38 USD | +12.1% |
| 1977 | 83.01 USD | +8.7% |
| 1978 | 94.24 USD | +13.5% |
| 1979 | 114.82 USD | +21.8% |
| 1980 | 145.02 USD | +26.3% |
| 1981 | 134.95 USD | -6.9% |
| 1982 | 138.53 USD | +2.6% |
| 1983 | 148.97 USD | +7.5% |
| 1984 | 148.62 USD | -0.2% |
| 1985 | 138.05 USD | -7.1% |
| 1986 | 86.02 USD | -37.7% |
| 1987 | 58.22 USD | -32.3% |
| 1988 | 61.06 USD | +4.9% |
| 1989 | 52.77 USD | -13.6% |
| 1990 | 54.24 USD | +2.8% |
| 1991 | 53.68 USD | -1.0% |
| 1992 | 49.63 USD | -7.6% |
| 1993 | 50.04 USD | +0.8% |
| 1994 | 42.21 USD | -15.6% |
| 1995 | 46.3 USD | +9.7% |
| 1996 | 47.12 USD | +1.8% |
| 1997 | 45.78 USD | -2.8% |
| 1998 | 46.32 USD | +1.2% |
| 1999 | 46.36 USD | +0.1% |
| 2000 | 44.34 USD | -4.4% |
| 2001 | 44.64 USD | +0.7% |
| 2002 | 48.61 USD | +8.9% |
| 2003 | 52.47 USD | +8.0% |
| 2004 | 60.08 USD | +14.5% |
| 2005 | 69.17 USD | +15.1% |
| 2006 | 82.62 USD | +19.4% |
| 2007 | 91.68 USD | +11.0% |
| 2008 | 104.34 USD | +13.8% |
| 2009 | 87.48 USD | -16.2% |
| 2010 | 98.3 USD | +12.4% |
| 2011 | 105.32 USD | +7.1% |
| 2012 | 109.15 USD | +3.6% |
| 2013 | 115.33 USD | +5.7% |
| 2014 | 117.11 USD | +1.5% |
| 2015 | 100 USD | -14.6% |
| 2016 | 87.92 USD | -12.1% |
| 2017 | 84.01 USD | -4.4% |
| 2018 | 91.19 USD | +8.5% |
| 2019 | 95.91 USD | +5.2% |
| 2020 | 92.32 USD | -3.7% |
| 2021 | 94.14 USD | +2.0% |
| 2022 | 94.42 USD | +0.3% |
| 2023 | 82.45 USD | -12.7% |
| 2024 | 60.58 USD | -26.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 63.22 USD | 32.13 USD | 114.82 USD | 10 |
| 1980s | 111.22 USD | 52.77 USD | 148.97 USD | 10 |
| 1990s | 48.17 USD | 42.21 USD | 54.24 USD | 10 |
| 2000s | 68.54 USD | 44.34 USD | 104.34 USD | 10 |
| 2010s | 100.42 USD | 84.01 USD | 117.11 USD | 10 |
| 2020s | 84.78 USD | 60.58 USD | 94.42 USD | 5 |
Countries ranked near Western Africa
More economy & growth data for Western Africa
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 88.59 USD (2024)
- Gross Fixed Capital Formation — Value US$ 137,957 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 155,725 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.75 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.95 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.28 % (2024)
- Gross Domestic Product — Annual growth US$ per capita -25.09 % (2024)
- Gross Domestic Product — Annual growth US$ -23.38 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 884,444 million USD (2024)
- Gross Domestic Product — Value US$ 535,797 million USD (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Western Africa?
- Gdp deflator — value us$, 2015 prices in Western Africa was 60.58 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Western Africa?
- The highest recorded value was 148.97 USD in 1983.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Western Africa?
- The lowest recorded value was 32.13 USD in 1970.
- How does Western Africa rank for gdp deflator — value us$, 2015 prices?
- Western Africa ranks 25th out of 25 groups with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Western Africa?
- Over the last ten years it is down 48.3%. The long-run trend across the full record is rising.
- Where does this Western Africa 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).