Gross Fixed Capital Formation Deflator — Value Standard Local in Australia
Australia: Gross Fixed Capital Formation Deflator — Value Standard Local was 132.17 SLC in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value Standard Local in Australia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2024, gross fixed capital formation deflator — value standard local in Australia stood at 132.17 SLC. That is the highest value across all 55 years on record.
The figure is up 3.8% on the previous year and up 35.4% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Australia peaked at 132.17 SLC in 2024 and was at its lowest, 16.4 SLC, in 1970.
That places Australia 99th out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value Standard Local in Australia, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 16.4 SLC | — |
| 1971 | 17.27 SLC | +5.3% |
| 1972 | 18.12 SLC | +4.9% |
| 1973 | 20.63 SLC | +13.8% |
| 1974 | 23.61 SLC | +14.5% |
| 1975 | 27.08 SLC | +14.7% |
| 1976 | 29.6 SLC | +9.3% |
| 1977 | 31.77 SLC | +7.3% |
| 1978 | 33.17 SLC | +4.4% |
| 1979 | 36.17 SLC | +9.1% |
| 1980 | 39.03 SLC | +7.9% |
| 1981 | 42.83 SLC | +9.7% |
| 1982 | 46.72 SLC | +9.1% |
| 1983 | 49.19 SLC | +5.3% |
| 1984 | 51.32 SLC | +4.3% |
| 1985 | 55.9 SLC | +8.9% |
| 1986 | 60.68 SLC | +8.5% |
| 1987 | 63.59 SLC | +4.8% |
| 1988 | 67.37 SLC | +5.9% |
| 1989 | 70.71 SLC | +5.0% |
| 1990 | 71.2 SLC | +0.7% |
| 1991 | 70.27 SLC | -1.3% |
| 1992 | 71.12 SLC | +1.2% |
| 1993 | 72.05 SLC | +1.3% |
| 1994 | 72.21 SLC | +0.2% |
| 1995 | 72.16 SLC | -0.1% |
| 1996 | 70.88 SLC | -1.8% |
| 1997 | 71.56 SLC | +1.0% |
| 1998 | 72.93 SLC | +1.9% |
| 1999 | 73.49 SLC | +0.8% |
| 2000 | 76.24 SLC | +3.7% |
| 2001 | 78.22 SLC | +2.6% |
| 2002 | 79.11 SLC | +1.1% |
| 2003 | 80.02 SLC | +1.2% |
| 2004 | 81.93 SLC | +2.4% |
| 2005 | 84.09 SLC | +2.6% |
| 2006 | 86.42 SLC | +2.8% |
| 2007 | 88.62 SLC | +2.6% |
| 2008 | 91.33 SLC | +3.1% |
| 2009 | 90.89 SLC | -0.5% |
| 2010 | 91.85 SLC | +1.1% |
| 2011 | 91.7 SLC | -0.2% |
| 2012 | 92.74 SLC | +1.1% |
| 2013 | 94.91 SLC | +2.3% |
| 2014 | 97.62 SLC | +2.9% |
| 2015 | 100 SLC | +2.4% |
| 2016 | 100.5 SLC | +0.5% |
| 2017 | 102.05 SLC | +1.5% |
| 2018 | 104.41 SLC | +2.3% |
| 2019 | 105.83 SLC | +1.4% |
| 2020 | 106.27 SLC | +0.4% |
| 2021 | 113.67 SLC | +7.0% |
| 2022 | 122.74 SLC | +8.0% |
| 2023 | 127.36 SLC | +3.8% |
| 2024 | 132.17 SLC | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.38 SLC | 16.4 SLC | 36.17 SLC | 10 |
| 1980s | 54.73 SLC | 39.03 SLC | 70.71 SLC | 10 |
| 1990s | 71.79 SLC | 70.27 SLC | 73.49 SLC | 10 |
| 2000s | 83.69 SLC | 76.24 SLC | 91.33 SLC | 10 |
| 2010s | 98.16 SLC | 91.7 SLC | 105.83 SLC | 10 |
| 2020s | 120.44 SLC | 106.27 SLC | 132.17 SLC | 5 |
Countries ranked near Australia
- 96 Puerto Rico 133.8 SLC compare
- 97 Estonia 133.68 SLC compare
- 98 Malta 132.49 SLC compare
- 100 Netherlands (Kingdom of the) 132.08 SLC compare
- 101 Slovakia 131.6 SLC compare
- 102 Saudi Arabia 130.79 SLC compare
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth 2.3 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9365 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 60,991 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.62 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.45 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 94,238 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.25 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8814 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Australia?
- Gross fixed capital formation deflator — value standard local in Australia was 132.17 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 Australia?
- The highest recorded value was 132.17 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Australia?
- The lowest recorded value was 16.4 SLC in 1970.
- How does Australia rank for gross fixed capital formation deflator — value standard local?
- Australia ranks 99th out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Australia?
- Over the last ten years it is up 35.4%. The long-run trend across the full record is rising.
- Where does this Australia 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).