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Australia - GDP Deflator 1974

Name: Australia GDP Deflator 1974
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Inflation as measured by annual growth rate of GDP implicit deflator · World Bank

16.37% +7.39pp from 1973 Global rank: 70th

Australia's gdp deflator was 16.37% in 1974, increased +7.39pp from 8.98% in 1973. This was the 70th highest globally.

Global Ranking - 1974▾

GDP Deflator by Country - 1974
Rank	Country	Value	YoY
1st	Hungary	-1.18%	-144.6%
2nd	China	0.28%	33.6%
3rd	Honduras	0.69%	-85.7%
4th	Georgia	0.87%	125.9%
5th	São Tomé and Principe	1.23%	-94.0%
6th	Malta	3.36%	-61.3%
7th	New Zealand	3.67%	-56.5%
8th	Chad	3.74%	-44.4%
9th	Guinea	4.15%	-58.4%
10th	Mali	4.82%	21.8%
11th	Central African Republic	5.38%	144.6%
12th	Ireland	6.09%	-60.1%
13th	Puerto Rico (US)	6.63%	64.2%
14th	Tuvalu	6.82%	-0.6%
15th	Switzerland	6.93%	-14.8%
16th	Germany	7.28%	15.5%
17th	Niger	7.65%	-78.7%
18th	Congo, Republic of	8.11%	3.5%
19th	Liechtenstein	8.24%	0.0%
20th	Papua New Guinea	8.92%	-54.8%
21st	Guinea-Bissau	8.92%	-14.5%
22nd	United States	9.00%	64.2%
23rd	Egypt, Arab Republic of	9.42%	28.2%
24th	Sweden	9.46%	34.5%
25th	Austria	9.50%	18.1%
26th	El Salvador	9.65%	9.1%
27th	Palau	9.78%	1.5%
28th	Lesotho	9.82%	41.0%
29th	Eswatini	10.29%	-59.2%
30th	Cameroon	10.66%	63.2%
31st	Zambia	10.82%	-45.6%
32nd	Burkina Faso	11.01%	311.3%
33rd	Monaco	11.36%	46.3%
34th	Norway	11.37%	30.9%
35th	Panama	11.61%	35.9%
36th	Hong Kong SAR, China	11.61%	-18.6%
37th	France	11.65%	46.7%
38th	Cuba	11.86%	264.7%
39th	Belgium	12.17%	78.8%
40th	Burundi	12.46%	126.0%
41st	European Union	12.53%	38.1%
42nd	New Caledonia	12.63%	92.4%
43rd	Mauritania	12.68%	-23.2%
44th	Malaysia	12.71%	-28.9%
45th	Botswana	12.80%	29.2%
46th	Zimbabwe	12.85%	-37.1%
47th	Netherlands	12.90%	52.1%
48th	Kiribati	12.99%	-20.1%
49th	Denmark	13.02%	31.2%
50th	Bahamas, The	13.23%	138.4%
51st	Marshall Islands	13.68%	204.5%
52nd	United Kingdom	14.12%	85.3%
53rd	Sierra Leone	14.16%	-39.0%
54th	Haiti	14.50%	-26.7%
55th	Nauru	14.62%	79.1%
56th	Micronesia, Federated States of	14.78%	312.8%
57th	South Africa	14.82%	-13.5%
58th	Benin	14.92%	209.4%
59th	Bermuda	14.98%	17.0%
60th	Peru	15.23%	21.1%
61st	Sudan	15.44%	-33.3%
62nd	Greenland	15.55%	103.0%
63rd	Canada	15.57%	56.8%
64th	Guatemala	15.68%	8.1%
65th	Rwanda	15.91%	306.2%
66th	Spain	15.95%	34.6%
67th	Andorra	15.95%	34.6%
68th	Kenya	16.05%	57.3%
69th	Singapore	16.32%	23.5%
70th	Australia	16.37%	82.3%
71st	India	16.67%	-6.5%
72nd	Senegal	16.76%	118.1%
73rd	Luxembourg	16.98%	39.2%
74th	Bhutan	17.17%	31.9%
75th	Dominican Republic	17.71%	293.0%
76th	Somalia, Fed. Rep.	17.73%	66.8%
77th	French Polynesia	17.85%	113.0%
78th	Maldives	18.09%	77.6%
79th	Congo, Democratic Republic of	18.24%	2.0%
80th	Portugal	18.87%	99.3%
81st	Tanzania	19.54%	87.0%
82nd	Liberia	20.13%	166.5%
83rd	Italy	20.25%	58.9%
84th	Suriname	20.26%	87.4%
85th	Thailand	20.33%	10.2%
86th	Japan	20.81%	63.8%
87th	Nepal	20.83%	713.0%
88th	Seychelles	20.93%	66.8%
89th	Gambia, The	20.94%	2,102.6%
90th	Belize	21.71%	47.9%
91st	Nicaragua	21.79%	30.8%
92nd	Finland	22.07%	60.3%
93rd	Greece	22.78%	8.9%
94th	Madagascar	22.80%	91.6%
95th	Mexico	23.13%	72.8%
96th	Costa Rica	23.21%	56.4%
97th	Paraguay	23.59%	14.3%
98th	Morocco	23.90%	295.7%
99th	Sri Lanka	24.38%	91.2%
100th	Tunisia	24.39%	185.0%
101st	Ghana	24.57%	17.7%
102nd	Bahrain	24.69%	76.6%
103rd	Samoa	25.28%	113.5%
104th	Colombia	25.38%	25.9%
105th	St. Vincent and the Grenadines	25.45%	0.1%
106th	Pakistan	26.07%	70.4%
107th	Côte d'Ivoire	26.69%	101.8%
108th	Syrian Arab Republic	27.73%	43.3%
109th	Uruguay	28.49%	-85.1%
110th	Türkiye	28.99%	32.2%
111th	Fiji	29.65%	85.3%
112th	Argentina	30.63%	-53.3%
113th	Korea	30.75%	139.0%
114th	Jamaica	31.09%	17.5%
115th	Barbados	31.42%	38.0%
116th	Philippines	32.89%	92.3%
117th	Brazil	34.61%	17.0%
118th	Israel	35.50%	59.7%
119th	Guyana	37.47%	497.7%
120th	Iceland	37.69%	19.8%
121st	Libya	41.48%	84.2%
122nd	Togo	42.03%	1,241.0%
123rd	Nigeria	43.95%	721.9%
124th	Bangladesh	44.54%	-27.5%
125th	Indonesia	47.31%	28.3%
126th	Algeria	48.90%	407.9%
127th	Ecuador	52.48%	629.1%
128th	Myanmar	56.52%	464.9%
129th	Trinidad and Tobago	57.51%	171.5%
130th	Iran, Islamic Republic of	58.33%	73.5%
131st	Mauritius	59.58%	284.5%
132nd	Bolivia, Plurinational State of	61.55%	43.3%
133rd	Gabon	65.41%	88.2%
134th	Iraq	88.33%	909.0%
135th	United Arab Emirates	138.26%	154.9%
136th	Saudi Arabia	150.63%	1,066.3%
137th	Kuwait	173.20%	902.6%
138th	Qatar	182.04%	551.1%
139th	Oman	200.99%	398.6%
140th	Chile	686.31%	64.3%

FAQ

What was Australia's gdp deflator in 1974?▾

Australia's gdp deflator in 1974 was 16.37%. This ranked 70th globally.

How did Australia's gdp deflator change in 1974?▾

Australia's gdp deflator increased by 82.3% in 1974 compared to 1973.

Which country had the highest gdp deflator in 1974?▾

Chile had the highest gdp deflator in 1974 at 686.31%.

What is the gdp deflator of Australia in 1974?▾

The gdp deflator of Australia in 1974 was 16.37%. This ranked 70th globally.

How does 1974 compare to 1973 for Australia's gdp deflator?▾

Australia's gdp deflator went from 8.98% in 1973 to 16.37% in 1974, a 82.3% increase.

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