Gross Fixed Capital Formation Deflator — Value Standard Local in Spain

Spain: Gross Fixed Capital Formation Deflator — Value Standard Local was 2.24 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.24 % change on previous year
Change on year
down 29.0%
World rank
126th
of 208 countries
All-time high
22.91 % change on previous year
in 1977
All-time low
-3.74 % change on previous year
in 2013
Years of data
54
1971–2024

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

01020197119972024

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

Analysis

In 2024, gross fixed capital formation deflator — value standard local in Spain stood at 2.24 % change on previous year.

That represents a change of down 29.0% on the previous year and up 380.2% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in Spain peaked at 22.91 % change on previous year in 1977 and was at its lowest, -3.74 % change on previous year, in 2013.

Spain ranks 126th of 208 countries on this measure, 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 Spain, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Spain, 1971 to 2024.
Year % change on previous year Change
1971 6.39 % change on previous year
1972 7.61 % change on previous year +19.0%
1973 13.02 % change on previous year +71.1%
1974 22.03 % change on previous year +69.2%
1975 16.13 % change on previous year -26.8%
1976 14.41 % change on previous year -10.7%
1977 22.91 % change on previous year +59.0%
1978 19.11 % change on previous year -16.6%
1979 16.53 % change on previous year -13.5%
1980 17.68 % change on previous year +6.9%
1981 13.48 % change on previous year -23.7%
1982 12.7 % change on previous year -5.8%
1983 12.14 % change on previous year -4.4%
1984 8.62 % change on previous year -29.0%
1985 6.94 % change on previous year -19.4%
1986 6.39 % change on previous year -8.0%
1987 5.5 % change on previous year -14.0%
1988 6.05 % change on previous year +10.1%
1989 5.78 % change on previous year -4.6%
1990 5.66 % change on previous year -2.0%
1991 4.79 % change on previous year -15.4%
1992 3.42 % change on previous year -28.5%
1993 4.41 % change on previous year +28.9%
1994 3.68 % change on previous year -16.5%
1995 5.51 % change on previous year +49.6%
1996 2.67 % change on previous year -51.5%
1997 2.58 % change on previous year -3.5%
1998 1.54 % change on previous year -40.1%
1999 3.49 % change on previous year +126.1%
2000 6.09 % change on previous year +74.4%
2001 3.52 % change on previous year -42.2%
2002 3.91 % change on previous year +11.0%
2003 4.01 % change on previous year +2.7%
2004 5.13 % change on previous year +27.9%
2005 4.85 % change on previous year -5.4%
2006 4.57 % change on previous year -5.8%
2007 2.04 % change on previous year -55.5%
2008 1.17 % change on previous year -42.7%
2009 -3.17 % change on previous year -372.2%
2010 -0.0241 % change on previous year -99.2%
2011 -1.18 % change on previous year +4801.2%
2012 -2.74 % change on previous year +131.8%
2013 -3.74 % change on previous year +36.6%
2014 -0.7982 % change on previous year -78.6%
2015 0.9487 % change on previous year -218.9%
2016 0.633 % change on previous year -33.3%
2017 1.4 % change on previous year +121.7%
2018 1.3 % change on previous year -7.7%
2019 1.73 % change on previous year +33.8%
2020 0.5135 % change on previous year -70.4%
2021 4.46 % change on previous year +769.1%
2022 8.85 % change on previous year +98.4%
2023 3.15 % change on previous year -64.4%
2024 2.24 % change on previous year -29.0%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation Deflator — Value Standard Local in Spain 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
2011 -4801.2% -0.0241 % change on previous year -1.18 % change on previous year
2021 +769.1% 0.5135 % change on previous year 4.46 % change on previous year
2009 -372.2% 1.17 % change on previous year -3.17 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.35 % change on previous year 6.39 % change on previous year 22.91 % change on previous year 9
1980s 9.53 % change on previous year 5.5 % change on previous year 17.68 % change on previous year 10
1990s 3.78 % change on previous year 1.54 % change on previous year 5.66 % change on previous year 10
2000s 3.21 % change on previous year -3.17 % change on previous year 6.09 % change on previous year 10
2010s -0.2463 % change on previous year -3.74 % change on previous year 1.73 % change on previous year 10
2020s 3.84 % change on previous year 0.5135 % change on previous year 8.85 % change on previous year 5

Countries ranked near Spain

  1. 123 Djibouti 2.27 % change on previous year compare
  2. 124 Slovenia 2.26 % change on previous year compare
  3. 125 Antigua and Barbuda 2.25 % change on previous year compare
  4. 127 Lithuania 2.23 % change on previous year compare
  5. 128 Guinea 2.15 % change on previous year compare
  6. 129 Luxembourg 2.1 % change on previous year compare

See the full ranking of 209 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in Spain?
Gross fixed capital formation deflator — value standard local in Spain was 2.24 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation deflator — value standard local recorded in Spain?
The highest recorded value was 22.91 % change on previous year in 1977.
What is the lowest gross fixed capital formation deflator — value standard local recorded in Spain?
The lowest recorded value was -3.74 % change on previous year in 2013.
How does Spain rank for gross fixed capital formation deflator — value standard local?
Spain ranks 126th out of 208 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in Spain?
Over the last ten years it is up 380.2%. The long-run trend across the full record is volatile.
Where does this Spain 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 Spain. 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/spain/

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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

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.