Libya vs Nigeria: Gross Fixed Capital Formation Deflator — Value Standard Local

Libya
414.45 SLC
in 2024
Nigeria
596.86 SLC
in 2024
Libya rank
11th
Nigeria rank
8th

Gross Fixed Capital Formation Deflator — Value Standard Local over time

  • Libya
  • Nigeria
0200400600197019972024

How they compare

Nigeria currently reports 596.86 SLC against 414.45 SLC in Libya, a difference of 182.41 SLC.

That makes Nigeria's figure about 1.4 times Libya's.

The two have swapped places 5 times across 55 shared years of data; in 1970 it was Libya ahead.

Libya ranks 11th and Nigeria ranks 8th of 194 countries.

Across the 6 decades both report, Libya averaged higher in 4 and Nigeria in 2.

Head to head by decade

Decade Libya Nigeria Difference Ahead
1970s 4.2 SLC 0.342 SLC 3.86 SLC Libya
1980s 9.36 SLC 1.22 SLC 8.14 SLC Libya
1990s 10.95 SLC 10.22 SLC 0.726 SLC Libya
2000s 71.32 SLC 48.56 SLC 22.76 SLC Libya
2010s 104.64 SLC 120.15 SLC 15.51 SLC Nigeria
2020s 342.09 SLC 472.52 SLC 130.43 SLC Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation deflator — value standard local, Libya or Nigeria?
Nigeria, at 596.86 SLC against 414.45 SLC in Libya as of 2024.
What is the difference in gross fixed capital formation deflator — value standard local between Libya and Nigeria?
182.41 SLC, with Nigeria ahead.
How many years of comparable data are there for Libya and Nigeria?
55 years are reported by both, from 1970 to 2024.
How do Libya and Nigeria rank globally for gross fixed capital formation deflator — value standard local?
Libya ranks 11th and Nigeria ranks 8th of 194 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Libya vs Nigeria: Gross Fixed Capital Formation Deflator — Value Standard Local. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices/libya/nigeria/

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About this data

Indicator
Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices
Unit
SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
209 places, 10,808 data points, 1970–2024
Last refreshed

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).