Gross Fixed Capital Formation Deflator — Value Standard Local in Mongolia
Mongolia: Gross Fixed Capital Formation Deflator — Value Standard Local was 0.3389 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Mongolia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation deflator — value standard local in Mongolia is 0.3389 % change on previous year, measured in 2024.
The figure is down 96.5% on the previous year and down 95.6% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Mongolia peaked at 626.19 % change on previous year in 1993 and was at its lowest, -68.82 % change on previous year, in 1991.
Mongolia ranks 179th of 208 countries on this measure, in the bottom quarter.
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 Mongolia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 0.004 % change on previous year | — |
| 1972 | 0.026 % change on previous year | +545.4% |
| 1973 | -0.0406 % change on previous year | -256.3% |
| 1974 | 0.0187 % change on previous year | -146.0% |
| 1975 | 0.0772 % change on previous year | +313.6% |
| 1976 | -0.1752 % change on previous year | -326.8% |
| 1977 | 0.0923 % change on previous year | -152.7% |
| 1978 | 0.3166 % change on previous year | +242.9% |
| 1979 | -0.8818 % change on previous year | -378.5% |
| 1980 | 0.8484 % change on previous year | -196.2% |
| 1981 | 8.65 % change on previous year | +919.1% |
| 1982 | -0.652 % change on previous year | -107.5% |
| 1983 | 1.32 % change on previous year | -302.9% |
| 1984 | -5.03 % change on previous year | -479.8% |
| 1985 | 11.66 % change on previous year | -332.0% |
| 1986 | -17.18 % change on previous year | -247.4% |
| 1987 | 11.24 % change on previous year | -165.4% |
| 1988 | -6.58 % change on previous year | -158.5% |
| 1989 | -10.43 % change on previous year | +58.5% |
| 1990 | 232.91 % change on previous year | -2332.6% |
| 1991 | -68.82 % change on previous year | -129.5% |
| 1992 | 69.95 % change on previous year | -201.6% |
| 1993 | 626.19 % change on previous year | +795.2% |
| 1994 | 56.68 % change on previous year | -90.9% |
| 1995 | 142.58 % change on previous year | +151.6% |
| 1996 | -24.11 % change on previous year | -116.9% |
| 1997 | 3.97 % change on previous year | -116.5% |
| 1998 | 26.22 % change on previous year | +560.2% |
| 1999 | 43.77 % change on previous year | +66.9% |
| 2000 | -20.92 % change on previous year | -147.8% |
| 2001 | 17.76 % change on previous year | -184.9% |
| 2002 | 15.07 % change on previous year | -15.1% |
| 2003 | 28.97 % change on previous year | +92.2% |
| 2004 | 21.78 % change on previous year | -24.8% |
| 2005 | 25.23 % change on previous year | +15.8% |
| 2006 | 10.18 % change on previous year | -59.7% |
| 2007 | 12.36 % change on previous year | +21.4% |
| 2008 | 24.24 % change on previous year | +96.2% |
| 2009 | 14.24 % change on previous year | -41.3% |
| 2010 | 8.13 % change on previous year | -42.9% |
| 2011 | 15.04 % change on previous year | +85.0% |
| 2012 | 3.11 % change on previous year | -79.3% |
| 2013 | 6.81 % change on previous year | +119.0% |
| 2014 | 7.71 % change on previous year | +13.3% |
| 2015 | 7.14 % change on previous year | -7.4% |
| 2016 | -0.9035 % change on previous year | -112.7% |
| 2017 | 9.31 % change on previous year | -1130.8% |
| 2018 | 5.99 % change on previous year | -35.7% |
| 2019 | 6.19 % change on previous year | +3.3% |
| 2020 | 5.7 % change on previous year | -7.9% |
| 2021 | 12.5 % change on previous year | +119.4% |
| 2022 | 21.28 % change on previous year | +70.3% |
| 2023 | 9.75 % change on previous year | -54.2% |
| 2024 | 0.3389 % change on previous year | -96.5% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation Deflator — Value Standard Local in Mongolia 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.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +2332.6% | -10.43 % change on previous year | 232.91 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -0.0625 % change on previous year | -0.8818 % change on previous year | 0.3166 % change on previous year | 9 |
| 1980s | -0.6156 % change on previous year | -17.18 % change on previous year | 11.66 % change on previous year | 10 |
| 1990s | 110.93 % change on previous year | -68.82 % change on previous year | 626.19 % change on previous year | 10 |
| 2000s | 14.89 % change on previous year | -20.92 % change on previous year | 28.97 % change on previous year | 10 |
| 2010s | 6.85 % change on previous year | -0.9035 % change on previous year | 15.04 % change on previous year | 10 |
| 2020s | 9.91 % change on previous year | 0.3389 % change on previous year | 21.28 % change on previous year | 5 |
Countries ranked near Mongolia
- 176 British Virgin Islands 0.502 % change on previous year compare
- 177 Thailand 0.414 % change on previous year compare
- 178 Finland 0.409 % change on previous year compare
- 180 Paraguay 0.2738 % change on previous year compare
- 181 Benin 0.2531 % change on previous year compare
- 182 Armenia 0.2176 % change on previous year compare
More economy & growth data for Mongolia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.08 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.17 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 55.47 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0023 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.78 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.79 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1169 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 789.32 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Mongolia?
- Gross fixed capital formation deflator — value standard local in Mongolia was 0.3389 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation deflator — value standard local recorded in Mongolia?
- The highest recorded value was 626.19 % change on previous year in 1993.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Mongolia?
- The lowest recorded value was -68.82 % change on previous year in 1991.
- How does Mongolia rank for gross fixed capital formation deflator — value standard local?
- Mongolia ranks 179th out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Mongolia?
- Over the last ten years it is down 95.6%. The long-run trend across the full record is volatile.
- Where does this Mongolia 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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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
- Gross Fixed Capital Formation Deflator — Value Standard Local Food and Agriculture Organization of the United Nations
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 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.