Gross Fixed Capital Formation Deflator — Value Standard Local in Greece

Greece: Gross Fixed Capital Formation Deflator — Value Standard Local was 1.68 % change on previous year in 2024. ◆ Volatile

Latest (2024)
1.68 % change on previous year
Change on year
down 52.5%
World rank
147th
of 208 countries
All-time high
32.65 % change on previous year
in 1974
All-time low
-1.38 % change on previous year
in 2014
Years of data
54
1971–2024

Gross Fixed Capital Formation Deflator — Value Standard Local in Greece, 1971–2024

0102030197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross fixed capital formation deflator — value standard local in Greece stood at 1.68 % change on previous year.

That represents a change of down 52.5% on the previous year and up 222.3% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in Greece peaked at 32.65 % change on previous year in 1974 and was at its lowest, -1.38 % change on previous year, in 2014.

That places Greece 147th out of 208 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation Deflator — Value Standard Local in Greece, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Greece, 1971 to 2024.
Year % change on previous year Change
1971 3.56 % change on previous year
1972 7.05 % change on previous year +98.0%
1973 24.7 % change on previous year +250.1%
1974 32.65 % change on previous year +32.2%
1975 7.28 % change on previous year -77.7%
1976 19.1 % change on previous year +162.1%
1977 18.53 % change on previous year -3.0%
1978 21.02 % change on previous year +13.5%
1979 27.07 % change on previous year +28.8%
1980 23.54 % change on previous year -13.0%
1981 21.01 % change on previous year -10.8%
1982 17.64 % change on previous year -16.0%
1983 20.21 % change on previous year +14.6%
1984 20.09 % change on previous year -0.6%
1985 19.86 % change on previous year -1.2%
1986 24.11 % change on previous year +21.4%
1987 12.92 % change on previous year -46.4%
1988 18.22 % change on previous year +41.1%
1989 17.28 % change on previous year -5.2%
1990 18.41 % change on previous year +6.5%
1991 15.67 % change on previous year -14.9%
1992 13.08 % change on previous year -16.5%
1993 11.57 % change on previous year -11.6%
1994 7.68 % change on previous year -33.6%
1995 7.86 % change on previous year +2.2%
1996 5.62 % change on previous year -28.5%
1997 4.63 % change on previous year -17.5%
1998 4.84 % change on previous year +4.6%
1999 2.79 % change on previous year -42.4%
2000 3.26 % change on previous year +16.9%
2001 3.11 % change on previous year -4.7%
2002 2.75 % change on previous year -11.4%
2003 2.2 % change on previous year -20.3%
2004 1.48 % change on previous year -32.5%
2005 -0.0056 % change on previous year -100.4%
2006 4.35 % change on previous year -78338.2%
2007 2.1 % change on previous year -51.8%
2008 1.85 % change on previous year -11.7%
2009 -0.7231 % change on previous year -139.1%
2010 1.42 % change on previous year -295.8%
2011 -0.1767 % change on previous year -112.5%
2012 -0.5098 % change on previous year +188.6%
2013 -0.7387 % change on previous year +44.9%
2014 -1.38 % change on previous year +86.2%
2015 -1.24 % change on previous year -10.0%
2016 -1.3 % change on previous year +5.1%
2017 0.0957 % change on previous year -107.4%
2018 0.5517 % change on previous year +476.2%
2019 0.1193 % change on previous year -78.4%
2020 -0.4025 % change on previous year -437.4%
2021 1.62 % change on previous year -502.0%
2022 4.83 % change on previous year +198.5%
2023 3.54 % change on previous year -26.7%
2024 1.68 % change on previous year -52.5%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation Deflator — Value Standard Local in Greece 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.

YearChange FromTo
2006 +78338.2% -0.0056 % change on previous year 4.35 % change on previous year
2021 +502.0% -0.4025 % change on previous year 1.62 % change on previous year
2018 +476.2% 0.0957 % change on previous year 0.5517 % change on previous year
2020 -437.4% 0.1193 % change on previous year -0.4025 % change on previous year
2010 +295.8% -0.7231 % change on previous year 1.42 % change on previous year
1973 +250.1% 7.05 % change on previous year 24.7 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 17.89 % change on previous year 3.56 % change on previous year 32.65 % change on previous year 9
1980s 19.49 % change on previous year 12.92 % change on previous year 24.11 % change on previous year 10
1990s 9.21 % change on previous year 2.79 % change on previous year 18.41 % change on previous year 10
2000s 2.04 % change on previous year -0.7231 % change on previous year 4.35 % change on previous year 10
2010s -0.3156 % change on previous year -1.38 % change on previous year 1.42 % change on previous year 10
2020s 2.25 % change on previous year -0.4025 % change on previous year 4.83 % change on previous year 5

Countries ranked near Greece

  1. 144 Montserrat 1.81 % change on previous year compare
  2. 145 Syrian Arab Republic 1.8 % change on previous year compare
  3. 146 Sao Tome and Principe 1.76 % change on previous year compare
  4. 148 Bermuda 1.68 % change on previous year compare
  5. 149 Bahamas 1.61 % change on previous year compare
  6. 150 Republic of Moldova 1.6 % change on previous year compare

See the full ranking of 209 places →

More economy & growth data for Greece

All data for Greece →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in Greece?
Gross fixed capital formation deflator — value standard local in Greece was 1.68 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation deflator — value standard local recorded in Greece?
The highest recorded value was 32.65 % change on previous year in 1974.
What is the lowest gross fixed capital formation deflator — value standard local recorded in Greece?
The lowest recorded value was -1.38 % change on previous year in 2014.
How does Greece rank for gross fixed capital formation deflator — value standard local?
Greece ranks 147th out of 208 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in Greece?
Over the last ten years it is up 222.3%. The long-run trend across the full record is volatile.
Where does this Greece data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation Deflator — Value Standard Local in Greece. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/greece/

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<a href="https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/greece/">Gross Fixed Capital Formation Deflator — Value Standard Local in Greece</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
209 places, 10,510 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.