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Australia - GDP Deflator 1978

Name: Australia GDP Deflator 1978
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

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

8.24% −3.18pp from 1977 Global rank: 77th

Australia's gdp deflator was 8.24% in 1978, decreased +3.18pp from 11.42% in 1977. This was the 77th highest globally.

Global Ranking - 1978▾

GDP Deflator by Country - 1978
Rank	Country	Value	YoY
1st	Bhutan	-15.88%	-147,673.8%
2nd	New Caledonia	-15.51%	-364.4%
3rd	Togo	-12.30%	-159.6%
4th	Libya	-4.46%	-156.5%
5th	United Arab Emirates	-3.66%	-169.7%
6th	Haiti	-3.14%	-180.9%
7th	Brunei Darussalam	-2.97%	-136.2%
8th	Samoa	-2.94%	-119.4%
9th	Papua New Guinea	-2.03%	-127.3%
10th	Kuwait	-1.95%	-120.1%
11th	Cambodia	-1.56%	-110.0%
12th	Congo, Republic of	-0.83%	-105.7%
13th	Seychelles	-0.46%	-101.0%
14th	Jordan	0.45%	-96.4%
15th	Georgia	0.51%	-63.1%
16th	Qatar	0.76%	-96.0%
17th	Myanmar	0.80%	-58.5%
18th	El Salvador	0.96%	-94.8%
19th	Dominican Republic	1.05%	-90.1%
20th	China	1.67%	53.3%
21st	Liberia	1.68%	-84.8%
22nd	Guinea	2.16%	-53.2%
23rd	Liechtenstein	2.23%	0.0%
24th	Bahamas, The	2.25%	30.0%
25th	Ecuador	2.29%	-88.2%
26th	Iraq	2.33%	-75.9%
27th	India	2.46%	-56.4%
28th	Zimbabwe	2.48%	-70.8%
29th	Mauritania	2.49%	-61.0%
30th	Gabon	2.86%	-70.8%
31st	Kenya	3.08%	-81.8%
32nd	Trinidad and Tobago	3.16%	-76.3%
33rd	Cameroon	3.41%	-42.1%
34th	Germany	3.55%	14.4%
35th	Switzerland	3.61%	1,300.2%
36th	Hungary	3.66%	61.0%
37th	Rwanda	3.66%	-72.9%
38th	Nicaragua	3.77%	-68.2%
39th	Oman	3.80%	-36.6%
40th	Marshall Islands	4.04%	-53.5%
41st	Singapore	4.04%	101.4%
42nd	Malta	4.15%	-15.6%
43rd	Saudi Arabia	4.16%	-55.3%
44th	Maldives	4.22%	134.5%
45th	Belgium	4.42%	-40.9%
46th	Fiji	4.43%	13,936.8%
47th	Côte d'Ivoire	4.43%	-84.6%
48th	Japan	4.60%	-31.8%
49th	São Tomé and Principe	4.65%	196.7%
50th	Bermuda	4.92%	-46.9%
51st	Luxembourg	5.13%	337.6%
52nd	Netherlands	5.33%	-0.2%
53rd	Puerto Rico (US)	5.35%	24.4%
54th	Guatemala	5.50%	-66.6%
55th	French Polynesia	5.96%	-34.5%
56th	Austria	5.99%	15.3%
57th	Norway	6.26%	-23.4%
58th	Guinea-Bissau	6.34%	106.7%
59th	Gambia, The	6.46%	-71.4%
60th	Tunisia	6.46%	-33.0%
61st	Barbados	6.72%	-31.1%
62nd	Senegal	6.77%	-17.0%
63rd	Madagascar	6.79%	-20.9%
64th	Canada	6.83%	1.6%
65th	St. Kitts and Nevis	6.92%	-
66th	United States	7.03%	13.2%
67th	Tuvalu	7.25%	5.1%
68th	Belize	7.35%	227.7%
69th	Micronesia, Federated States of	7.37%	649.2%
70th	Finland	7.45%	-20.9%
71st	Suriname	7.55%	-50.2%
72nd	Bahrain	7.69%	-32.0%
73rd	Costa Rica	7.91%	-53.3%
74th	Panama	7.92%	70.1%
75th	Nauru	8.03%	-40.6%
76th	Hong Kong SAR, China	8.12%	110.5%
77th	Australia	8.24%	-27.8%
78th	Morocco	8.42%	-21.9%
79th	Mali	8.56%	6.2%
80th	Antigua and Barbuda	8.82%	-
81st	Denmark	8.83%	0.7%
82nd	European Union	8.83%	0.3%
83rd	Pakistan	8.98%	-14.5%
84th	Syrian Arab Republic	9.06%	-19.5%
85th	Tanzania	9.16%	-49.6%
86th	Monaco	9.17%	4.2%
87th	Paraguay	9.22%	-11.8%
88th	Central African Republic	9.23%	-18.9%
89th	France	9.27%	5.2%
90th	Greenland	9.28%	32.9%
91st	Cuba	9.32%	322.3%
92nd	Philippines	9.36%	11.8%
93rd	Nepal	9.37%	362.9%
94th	Egypt, Arab Republic of	9.55%	-22.6%
95th	Sweden	9.55%	-9.3%
96th	Thailand	9.70%	61.2%
97th	Malaysia	9.84%	43.3%
98th	Chad	9.90%	14.9%
99th	Algeria	10.09%	-15.4%
100th	Palau	10.50%	31.3%
101st	South Africa	10.52%	2.6%
102nd	Ireland	10.53%	-20.7%
103rd	Eswatini	10.56%	1.1%
104th	Mauritius	10.75%	25.3%
105th	Iran, Islamic Republic of	10.86%	-50.4%
106th	Sri Lanka	10.92%	-25.7%
107th	Cyprus	11.07%	24.5%
108th	Niger	11.21%	-28.8%
109th	Honduras	11.51%	14.6%
110th	Kiribati	11.86%	33.3%
111th	Indonesia	12.06%	-7.3%
112th	St. Vincent and the Grenadines	12.30%	-67.0%
113th	Somalia, Fed. Rep.	12.31%	18.7%
114th	United Kingdom	12.32%	-10.8%
115th	Benin	12.33%	138.3%
116th	Botswana	12.47%	152.5%
117th	Burundi	12.51%	-12.6%
118th	Dominica	12.67%	-
119th	Zambia	12.68%	53.6%
120th	New Zealand	12.98%	-21.9%
121st	Greece	13.79%	0.2%
122nd	Nigeria	13.91%	29.9%
123rd	Italy	13.94%	-24.5%
124th	Bolivia, Plurinational State of	14.10%	12.5%
125th	Burkina Faso	14.53%	-22.1%
126th	Guyana	14.79%	780.5%
127th	Mexico	16.00%	-47.4%
128th	Lesotho	16.55%	121.2%
129th	Colombia	17.10%	-41.3%
130th	Grenada	17.27%	-
131st	Andorra	20.63%	-11.8%
132nd	Spain	20.63%	-11.8%
133rd	Korea	21.75%	50.4%
134th	Portugal	22.35%	-15.3%
135th	Sierra Leone	23.85%	20.8%
136th	Sudan	24.91%	43.1%
137th	Bangladesh	25.62%	898.1%
138th	Jamaica	26.58%	112.8%
139th	Congo, Democratic Republic of	28.41%	-23.8%
140th	Brazil	38.23%	-15.8%
141st	Iceland	46.25%	41.4%
142nd	Uruguay	46.80%	-15.8%
143rd	Türkiye	47.54%	97.4%
144th	Chile	56.09%	-44.6%
145th	Israel	56.15%	35.1%
146th	Peru	63.74%	78.3%
147th	Ghana	73.31%	9.0%
148th	Argentina	161.37%	1.2%

FAQ

What was Australia's gdp deflator in 1978?▾

Australia's gdp deflator in 1978 was 8.24%. This ranked 77th globally.

How did Australia's gdp deflator change in 1978?▾

Australia's gdp deflator decreased by 27.8% in 1978 compared to 1977.

Which country had the highest gdp deflator in 1978?▾

Argentina had the highest gdp deflator in 1978 at 161.37%.

What is the gdp deflator of Australia in 1978?▾

The gdp deflator of Australia in 1978 was 8.24%. This ranked 77th globally.

How does 1978 compare to 1977 for Australia's gdp deflator?▾

Australia's gdp deflator went from 11.42% in 1977 to 8.24% in 1978, a 27.8% decrease.

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