GDP Deflator — Value US$, 2015 prices in Western Asia
Western Asia: GDP Deflator — Value US$, 2015 prices was 118.5 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Western Asia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Western Asia recorded 118.5 USD for gdp deflator — value us$, 2015 prices in 2024.
The figure is up 4.5% on the previous year and down 0.5% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Western Asia peaked at 122.52 USD in 2013 and was at its lowest, 10.84 USD, in 1971.
Western Asia ranks 11th of 24 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Western Asia, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 10.99 USD | — |
| 1971 | 10.84 USD | -1.3% |
| 1972 | 12.08 USD | +11.4% |
| 1973 | 14.45 USD | +19.6% |
| 1974 | 23.64 USD | +63.6% |
| 1975 | 26.81 USD | +13.4% |
| 1976 | 29.22 USD | +9.0% |
| 1977 | 31.9 USD | +9.2% |
| 1978 | 33.62 USD | +5.4% |
| 1979 | 41.73 USD | +24.1% |
| 1980 | 46.02 USD | +10.3% |
| 1981 | 48.96 USD | +6.4% |
| 1982 | 47.68 USD | -2.6% |
| 1983 | 45.51 USD | -4.5% |
| 1984 | 43.01 USD | -5.5% |
| 1985 | 41.11 USD | -4.4% |
| 1986 | 39.63 USD | -3.6% |
| 1987 | 41.46 USD | +4.6% |
| 1988 | 42.88 USD | +3.4% |
| 1989 | 46.37 USD | +8.1% |
| 1990 | 53.37 USD | +15.1% |
| 1991 | 54.15 USD | +1.5% |
| 1992 | 54.62 USD | +0.9% |
| 1993 | 54.39 USD | -0.4% |
| 1994 | 49.34 USD | -9.3% |
| 1995 | 55.33 USD | +12.1% |
| 1996 | 57.12 USD | +3.2% |
| 1997 | 56.43 USD | -1.2% |
| 1998 | 53.39 USD | -5.4% |
| 1999 | 54.5 USD | +2.1% |
| 2000 | 58.13 USD | +6.7% |
| 2001 | 53.24 USD | -8.4% |
| 2002 | 55.47 USD | +4.2% |
| 2003 | 62.08 USD | +11.9% |
| 2004 | 68.7 USD | +10.7% |
| 2005 | 79.16 USD | +15.2% |
| 2006 | 85.65 USD | +8.2% |
| 2007 | 96.66 USD | +12.9% |
| 2008 | 113.36 USD | +17.3% |
| 2009 | 98.61 USD | -13.0% |
| 2010 | 109.07 USD | +10.6% |
| 2011 | 119.44 USD | +9.5% |
| 2012 | 122.15 USD | +2.3% |
| 2013 | 122.52 USD | +0.3% |
| 2014 | 119.13 USD | -2.8% |
| 2015 | 100 USD | -16.1% |
| 2016 | 95.79 USD | -4.2% |
| 2017 | 98.36 USD | +2.7% |
| 2018 | 102.75 USD | +4.5% |
| 2019 | 100.63 USD | -2.1% |
| 2020 | 91.68 USD | -8.9% |
| 2021 | 101.32 USD | +10.5% |
| 2022 | 113.4 USD | +11.9% |
| 2023 | 113.45 USD | +0.0% |
| 2024 | 118.5 USD | +4.5% |
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices in Western Asia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +63.6% | 14.45 USD | 23.64 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.53 USD | 10.84 USD | 41.73 USD | 10 |
| 1980s | 44.26 USD | 39.63 USD | 48.96 USD | 10 |
| 1990s | 54.26 USD | 49.34 USD | 57.12 USD | 10 |
| 2000s | 77.11 USD | 53.24 USD | 113.36 USD | 10 |
| 2010s | 108.98 USD | 95.79 USD | 122.52 USD | 10 |
| 2020s | 107.67 USD | 91.68 USD | 118.5 USD | 5 |
Countries ranked near Western Asia
More economy & growth data for Western Asia
- Gross Domestic Product, GDP in millions constant 2021 international $ 4.37 million (2027)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 4.45 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.46 % (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 5.21 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 6.59 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 2.05 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 7.8 % change on previous year (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 12,408 USD (2024)
- Gross Domestic Product — Value US$ 4.55 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 14,704 USD (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Western Asia?
- Gdp deflator — value us$, 2015 prices in Western Asia was 118.5 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Western Asia?
- The highest recorded value was 122.52 USD in 2013.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Western Asia?
- The lowest recorded value was 10.84 USD in 1971.
- How does Western Asia rank for gdp deflator — value us$, 2015 prices?
- Western Asia ranks 11th out of 24 groups with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Western Asia?
- Over the last ten years it is down 0.5%. The long-run trend across the full record is rising.
- Where does this Western Asia 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.
Download this data
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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).