Gross Fixed Capital Formation Deflator — Value Standard Local in Armenia
Armenia: Gross Fixed Capital Formation Deflator — Value Standard Local was 116.98 SLC in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value Standard Local in Armenia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gross fixed capital formation deflator — value standard local in Armenia is 116.98 SLC, measured in 2024. That is the highest value across all 35 years on record.
That represents a change of up 0.2% on the previous year and up 22.9% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Armenia peaked at 116.98 SLC in 2024 and was at its lowest, 0.0017 SLC, in 1990.
Armenia ranks 154th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Gross Fixed Capital Formation Deflator — Value Standard Local in Armenia, year by year
| Year | SLC | Change |
|---|---|---|
| 1990 | 0.0017 SLC | — |
| 1991 | 0.0031 SLC | +79.8% |
| 1992 | 0.0209 SLC | +572.2% |
| 1993 | 0.3131 SLC | +1395.6% |
| 1994 | 13.91 SLC | +4340.5% |
| 1995 | 36.32 SLC | +161.2% |
| 1996 | 46.15 SLC | +27.1% |
| 1997 | 49.82 SLC | +8.0% |
| 1998 | 52.86 SLC | +6.1% |
| 1999 | 55 SLC | +4.1% |
| 2000 | 55.5 SLC | +0.9% |
| 2001 | 57.66 SLC | +3.9% |
| 2002 | 59.83 SLC | +3.8% |
| 2003 | 61.03 SLC | +2.0% |
| 2004 | 62.48 SLC | +2.4% |
| 2005 | 71.02 SLC | +13.7% |
| 2006 | 75 SLC | +5.6% |
| 2007 | 78.23 SLC | +4.3% |
| 2008 | 85.27 SLC | +9.0% |
| 2009 | 92.09 SLC | +8.0% |
| 2010 | 95.91 SLC | +4.2% |
| 2011 | 92.55 SLC | -3.5% |
| 2012 | 90.24 SLC | -2.5% |
| 2013 | 93.17 SLC | +3.2% |
| 2014 | 95.16 SLC | +2.1% |
| 2015 | 100 SLC | +5.1% |
| 2016 | 95.48 SLC | -4.5% |
| 2017 | 97.18 SLC | +1.8% |
| 2018 | 95.11 SLC | -2.1% |
| 2019 | 93.63 SLC | -1.6% |
| 2020 | 100.88 SLC | +7.8% |
| 2021 | 110.1 SLC | +9.1% |
| 2022 | 116.71 SLC | +6.0% |
| 2023 | 116.72 SLC | +0.0% |
| 2024 | 116.98 SLC | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.44 SLC | 0.0017 SLC | 55 SLC | 10 |
| 2000s | 69.81 SLC | 55.5 SLC | 92.09 SLC | 10 |
| 2010s | 94.84 SLC | 90.24 SLC | 100 SLC | 10 |
| 2020s | 112.28 SLC | 100.88 SLC | 116.98 SLC | 5 |
Countries ranked near Armenia
- 151 Cook Islands 118.49 SLC compare
- 152 Bahamas 118.27 SLC compare
- 153 Bermuda 117.58 SLC compare
- 155 Yemen 116.48 SLC compare
- 156 San Marino 116.1 SLC compare
- 157 China, Macao SAR 116.03 SLC compare
More economy & growth data for Armenia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 9.3 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1511 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,431 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 9.3 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 66.74 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 632,271 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 11.49 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6134 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Armenia?
- Gross fixed capital formation deflator — value standard local in Armenia was 116.98 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Armenia?
- The highest recorded value was 116.98 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Armenia?
- The lowest recorded value was 0.0017 SLC in 1990.
- How does Armenia rank for gross fixed capital formation deflator — value standard local?
- Armenia ranks 154th out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Armenia?
- Over the last ten years it is up 22.9%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
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).