Gross Fixed Capital Formation Deflator — Value Standard Local in United Kingdom of Great Britain and Northern Ireland

United Kingdom of Great Britain and Northern Ireland: Gross Fixed Capital Formation Deflator — Value Standard Local was 2.3 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.3 % change on previous year
Change on year
down 68.9%
World rank
122nd
of 208 countries
All-time high
22.84 % change on previous year
in 1975
All-time low
-4.4 % change on previous year
in 1992
Years of data
54
1971–2024

Gross Fixed Capital Formation Deflator — Value Standard Local in United Kingdom of Great Britain and Northern Ireland, 1971–2024

01020197119972024

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

Analysis

United Kingdom of Great Britain and Northern Ireland recorded 2.3 % change on previous year for gross fixed capital formation deflator — value standard local in 2024.

That represents a change of down 68.9% on the previous year and up 178.1% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in United Kingdom of Great Britain and Northern Ireland peaked at 22.84 % change on previous year in 1975 and was at its lowest, -4.4 % change on previous year, in 1992.

United Kingdom of Great Britain and Northern Ireland ranks 122nd 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 United Kingdom of Great Britain and Northern Ireland, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in United Kingdom of Great Britain and Northern Ireland, 1971 to 2024.
Year % change on previous year Change
1971 9.92 % change on previous year
1972 9.82 % change on previous year -1.0%
1973 15.8 % change on previous year +60.9%
1974 21.45 % change on previous year +35.7%
1975 22.84 % change on previous year +6.5%
1976 14.91 % change on previous year -34.7%
1977 12.29 % change on previous year -17.5%
1978 11.44 % change on previous year -7.0%
1979 15.98 % change on previous year +39.8%
1980 18.78 % change on previous year +17.5%
1981 9.9 % change on previous year -47.3%
1982 3.36 % change on previous year -66.1%
1983 3.47 % change on previous year +3.1%
1984 4.29 % change on previous year +23.9%
1985 5.56 % change on previous year +29.4%
1986 4.17 % change on previous year -25.0%
1987 4.33 % change on previous year +3.8%
1988 8.01 % change on previous year +85.2%
1989 8.79 % change on previous year +9.7%
1990 3.18 % change on previous year -63.8%
1991 -1.22 % change on previous year -138.3%
1992 -4.4 % change on previous year +260.1%
1993 -0.7944 % change on previous year -81.9%
1994 0.745 % change on previous year -193.8%
1995 4.89 % change on previous year +557.0%
1996 5.02 % change on previous year +2.5%
1997 -1.54 % change on previous year -130.7%
1998 1.48 % change on previous year -196.3%
1999 2.33 % change on previous year +56.8%
2000 1.19 % change on previous year -49.0%
2001 2.21 % change on previous year +86.2%
2002 2.02 % change on previous year -8.8%
2003 1.82 % change on previous year -9.6%
2004 1.34 % change on previous year -26.4%
2005 2.38 % change on previous year +77.3%
2006 4.05 % change on previous year +70.1%
2007 1.7 % change on previous year -58.0%
2008 3.26 % change on previous year +91.5%
2009 2.4 % change on previous year -26.4%
2010 -2.11 % change on previous year -188.2%
2011 1.12 % change on previous year -152.8%
2012 1.59 % change on previous year +41.9%
2013 4.51 % change on previous year +184.5%
2014 0.8274 % change on previous year -81.7%
2015 -1.01 % change on previous year -222.1%
2016 2.02 % change on previous year -299.8%
2017 2.75 % change on previous year +36.4%
2018 2.91 % change on previous year +5.7%
2019 2.72 % change on previous year -6.6%
2020 -0.3131 % change on previous year -111.5%
2021 4.13 % change on previous year -1419.7%
2022 -0.7546 % change on previous year -118.3%
2023 7.39 % change on previous year -1079.3%
2024 2.3 % change on previous year -68.9%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation Deflator — Value Standard Local in United Kingdom of Great Britain and Northern Ireland 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
2021 +1419.7% -0.3131 % change on previous year 4.13 % change on previous year
2023 +1079.3% -0.7546 % change on previous year 7.39 % change on previous year
1995 +557.0% 0.745 % change on previous year 4.89 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 14.94 % change on previous year 9.82 % change on previous year 22.84 % change on previous year 9
1980s 7.07 % change on previous year 3.36 % change on previous year 18.78 % change on previous year 10
1990s 0.9698 % change on previous year -4.4 % change on previous year 5.02 % change on previous year 10
2000s 2.24 % change on previous year 1.19 % change on previous year 4.05 % change on previous year 10
2010s 1.53 % change on previous year -2.11 % change on previous year 4.51 % change on previous year 10
2020s 2.55 % change on previous year -0.7546 % change on previous year 7.39 % change on previous year 5

Countries ranked near United Kingdom of Great Britain and Northern Ireland

  1. 119 Qatar 2.33 % change on previous year compare
  2. 120 Sweden 2.32 % change on previous year compare
  3. 121 Bolivia (Plurinational State of) 2.32 % change on previous year compare
  4. 123 Djibouti 2.27 % change on previous year compare
  5. 124 Slovenia 2.26 % change on previous year compare
  6. 125 Antigua and Barbuda 2.25 % change on previous year compare

See the full ranking of 209 places →

More economy & growth data for United Kingdom of Great Britain and Northern Ireland

All data for United Kingdom of Great Britain and Northern Ireland →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in United Kingdom of Great Britain and Northern Ireland?
Gross fixed capital formation deflator — value standard local in United Kingdom of Great Britain and Northern Ireland was 2.3 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation deflator — value standard local recorded in United Kingdom of Great Britain and Northern Ireland?
The highest recorded value was 22.84 % change on previous year in 1975.
What is the lowest gross fixed capital formation deflator — value standard local recorded in United Kingdom of Great Britain and Northern Ireland?
The lowest recorded value was -4.4 % change on previous year in 1992.
How does United Kingdom of Great Britain and Northern Ireland rank for gross fixed capital formation deflator — value standard local?
United Kingdom of Great Britain and Northern Ireland ranks 122nd out of 208 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in United Kingdom of Great Britain and Northern Ireland?
Over the last ten years it is up 178.1%. The long-run trend across the full record is volatile.
Where does this United Kingdom of Great Britain and Northern Ireland 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 United Kingdom of Great Britain and Northern Ireland. 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/united-kingdom-of-great-britain-and-northern-ireland/

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<a href="https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/united-kingdom-of-great-britain-and-northern-ireland/">Gross Fixed Capital Formation Deflator — Value Standard Local in United Kingdom of Great Britain and Northern Ireland</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.