GDP deflator (base year varies by country), annual growth rate in Australia
Australia: GDP deflator (base year varies by country), annual growth rate was 2.63 % change on previous year in 2024. ◆ Volatile
GDP deflator (base year varies by country), annual growth rate in Australia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator (base year varies by country), annual growth rate in Australia is 2.63 % change on previous year, measured in 2024.
Compared with earlier readings it is down 59.7% on the previous year and up 86.9% over ten years.
Over the whole period, gdp deflator (base year varies by country), annual growth rate in Australia peaked at 16.49 % change on previous year in 1975 and was at its lowest, -0.6632 % change on previous year, in 2016.
Australia ranks 150th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP deflator (base year varies by country), annual growth rate in Australia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.19 % change on previous year | — |
| 1972 | 6.19 % change on previous year | +19.3% |
| 1973 | 8.98 % change on previous year | +45.2% |
| 1974 | 16.38 % change on previous year | +82.3% |
| 1975 | 16.49 % change on previous year | +0.7% |
| 1976 | 14.02 % change on previous year | -15.0% |
| 1977 | 11.42 % change on previous year | -18.6% |
| 1978 | 8.24 % change on previous year | -27.9% |
| 1979 | 8.63 % change on previous year | +4.8% |
| 1980 | 10.02 % change on previous year | +16.0% |
| 1981 | 9.53 % change on previous year | -4.9% |
| 1982 | 11.71 % change on previous year | +22.9% |
| 1983 | 10.16 % change on previous year | -13.3% |
| 1984 | 7.86 % change on previous year | -22.6% |
| 1985 | 4.68 % change on previous year | -40.5% |
| 1986 | 6.55 % change on previous year | +39.9% |
| 1987 | 7.03 % change on previous year | +7.4% |
| 1988 | 7.17 % change on previous year | +2.0% |
| 1989 | 9.23 % change on previous year | +28.7% |
| 1990 | 6.09 % change on previous year | -34.0% |
| 1991 | 3.02 % change on previous year | -50.4% |
| 1992 | 1.48 % change on previous year | -51.0% |
| 1993 | 0.8672 % change on previous year | -41.4% |
| 1994 | 1.02 % change on previous year | +17.5% |
| 1995 | 2.29 % change on previous year | +124.7% |
| 1996 | 2.71 % change on previous year | +18.4% |
| 1997 | 1.27 % change on previous year | -53.1% |
| 1998 | 1.14 % change on previous year | -10.8% |
| 1999 | 0.4755 % change on previous year | -58.1% |
| 2000 | 2.55 % change on previous year | +436.4% |
| 2001 | 4.63 % change on previous year | +81.6% |
| 2002 | 2.84 % change on previous year | -38.7% |
| 2003 | 2.99 % change on previous year | +5.1% |
| 2004 | 3.23 % change on previous year | +8.3% |
| 2005 | 3.83 % change on previous year | +18.4% |
| 2006 | 5.12 % change on previous year | +33.7% |
| 2007 | 4.99 % change on previous year | -2.5% |
| 2008 | 4.57 % change on previous year | -8.3% |
| 2009 | 4.95 % change on previous year | +8.3% |
| 2010 | 1.15 % change on previous year | -76.7% |
| 2011 | 6.2 % change on previous year | +437.5% |
| 2012 | 1.81 % change on previous year | -70.9% |
| 2013 | -0.1636 % change on previous year | -109.1% |
| 2014 | 1.41 % change on previous year | -958.9% |
| 2015 | -0.6239 % change on previous year | -144.4% |
| 2016 | -0.6632 % change on previous year | +6.3% |
| 2017 | 3.65 % change on previous year | -650.9% |
| 2018 | 1.87 % change on previous year | -48.8% |
| 2019 | 3.47 % change on previous year | +85.6% |
| 2020 | 1.89 % change on previous year | -45.6% |
| 2021 | 3.08 % change on previous year | +63.3% |
| 2022 | 7.18 % change on previous year | +133.0% |
| 2023 | 6.51 % change on previous year | -9.2% |
| 2024 | 2.63 % change on previous year | -59.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.62 % change on previous year | 5.19 % change on previous year | 16.49 % change on previous year | 9 |
| 1980s | 8.39 % change on previous year | 4.68 % change on previous year | 11.71 % change on previous year | 10 |
| 1990s | 2.04 % change on previous year | 0.4755 % change on previous year | 6.09 % change on previous year | 10 |
| 2000s | 3.97 % change on previous year | 2.55 % change on previous year | 5.12 % change on previous year | 10 |
| 2010s | 1.81 % change on previous year | -0.6632 % change on previous year | 6.2 % change on previous year | 10 |
| 2020s | 4.26 % change on previous year | 1.89 % change on previous year | 7.18 % change on previous year | 5 |
Countries ranked near Australia
- 147 Togo 2.74 % change on previous year compare
- 148 Barbados 2.71 % change on previous year compare
- 149 Albania 2.69 % change on previous year compare
- 151 Nepal 2.61 % change on previous year compare
- 152 Paraguay 2.59 % change on previous year compare
- 153 Latvia 2.58 % change on previous year compare
More population data for Australia
- Population regions with projections, annual growth rate 0.5057 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.5755 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.5057 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.2553 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 32,193 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.8589 Percent per annum (2030)
- Projected population under age 5, annual growth rate 0.2773 % change on previous year (2100)
- World population growth 0.5% (2100)
- Population density 5.61 people per km² (2100)
- Number of children under 5, by world region 2.09 million people (2100)
Frequently asked questions
- What is gdp deflator (base year varies by country), annual growth rate in Australia?
- Gdp deflator (base year varies by country), annual growth rate in Australia was 2.63 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Australia?
- The highest recorded value was 16.49 % change on previous year in 1975.
- What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Australia?
- The lowest recorded value was -0.6632 % change on previous year in 2016.
- How does Australia rank for gdp deflator (base year varies by country), annual growth rate?
- Australia ranks 150th out of 211 countries with data for 2024.
- Is gdp deflator (base year varies by country), annual growth rate rising or falling in Australia?
- Over the last ten years it is up 86.9%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP deflator UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.